“He has been in the Reserve Bank of India for about six years as Deputy Governor and Governor. He leaves behind a great legacy. We will miss him immensely,” Modi added. Patel on Monday resigned from his post with immediate effect, citing “personal reasons”.
His resignation comes amid the ongoing tussle between the central bank and the government over scores of issues including transfer of RBI’s reserves to the government and measures on ensuring liquidity in the MSME sector. (IANS)
Also Read: Business News