 "Illustration by Ajay Mohanty")
Urjit Patel on Monday stepped down from his position as the Governor of the Reserve Bank of India (RBI) with immediate effect citing personal reasons.
Before becoming the 24th governor of the RBI on September 4, 2016, Patel was a deputy governor at the central bank. As the deputy governor in charge of the monetary policy, Patel had got an extension upon completion of his first three-year term on 10 January 2016.
A Kenya-born economist of international repute when brought to India during the United Progressive Alliance (UPA) regime, Patel had been recommended by the then prime minister,
Before becoming the 24th governor of the RBI on September 4, 2016, Patel was a deputy governor at the central bank. As the deputy governor in charge of the monetary policy, Patel had got an extension upon completion of his first three-year term on 10 January 2016.
A Kenya-born economist of international repute when brought to India during the United Progressive Alliance (UPA) regime, Patel had been recommended by the then prime minister,
