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RBI Governor quits

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IANS Mumbai

Reserve Bank of India (RBI) Governor Urjit Patel on Monday resigned from his post with immediate effect, citing "personal reasons".

"On account of personal reasons, I have decided to step down from my current position effective immediately," he said in a brief statement released by the RBI.

"It has been my privilege and honour to serve in the RBI in various capacities over the years. The support and hard work of RBI staff, officers and management has been the proximate driver of the Bank's considerable accomplishments in recent years.

"I take this opportunity to express gratitude to my colleagues and Directors of the RBI Central Board and wish them all the best for the future," Patel said.

 

--IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 10 2018 | 5:34 PM IST

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