LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

RBI chief Urjit Patel should not have resigned: board member

The Reserve Bank of India`s (RBI) Governor Urjit Patel should not have resigned "at a time when most of the controversial issues have been discussed and decided", an RBI board member told Reuters on Monday.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
RBI chief Urjit Patel should not have resigned: board member
Urjit Patel cited "personal reasons" for his resignation, but it came after Prime Minister Narendra Modi`s government put pressure on the RBI to ease regulatory curbs on some banks, increase liquidity and relax capital norms. Image source: Reuters
Written By: Reuters
Updated: Mon, Dec 10, 2018
08:22 pm
Reuters
RELATED NEWS
RBI Recruitment: Here's how to apply online on rbi.org.in for 841 vacancies across India | Check date, time and other details RBI Recruitment: Here's how to apply online on rbi.org.in for 841 vacancies across India | Check date, time and other details
Do you have money in this bank? Account holders cannot withdraw over Rs 1000 in cash; Know what you can do Do you have money in this bank? Account holders cannot withdraw over Rs 1000 in cash; Know what you can do
Petrol, Diesel prices may fall in next 2-3 days, Anil Singhvi hopes; Market Guru supports RBI call for tax cuts Petrol, Diesel prices may fall in next 2-3 days, Anil Singhvi hopes; Market Guru supports RBI call for tax cuts
#OperationHaftaVasooli RBI receives complaints against 1,509 digital lending apps #OperationHaftaVasooli RBI receives complaints against 1,509 digital lending apps
HDFC VC and CEO Keki Mistry, in chat with Anil Singhvi, reveals his views on Monetary policy announcements HDFC VC and CEO Keki Mistry, in chat with Anil Singhvi, reveals his views on Monetary policy announcements

The Reserve Bank of India`s (RBI) Governor Urjit Patel should not have resigned "at a time when most of the controversial issues have been discussed and decided", an RBI board member told Reuters on Monday.

Patel cited "personal reasons" for his resignation, but it came after Prime Minister Narendra Modi`s government put pressure on the RBI to ease regulatory curbs on some banks, increase liquidity and relax capital norms as it faces a slowing economy ahead of general elections due by May.

The RBI and the government still need to address liquidity crunch faced by small businesses, one of RBI`s board members, Sachin Chaturvedi, told Reuters.

Here is the Zee Business tweet:

#RBIGuvQuits | देश और बाजार के सामने सबसे बड़ा सवाल, कौन होगा #RBI का नया गवर्नर? जवाब जानने के लिए देखिए ये वीडियो।@SwatiKJain @davemansi145 @AnilSinghviZEE @mrituenjayj pic.twitter.com/3ha2ZG327X

— Zee Business (@ZeeBusiness) December 10, 2018

Chaturvedi said he "looked forward" to holding discussions during the Dec. 14 board meeting, which he said could now be chaired by senior most deputy governor of the central bank, N.S. Vishwanathan.

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
RBIUrjit Patel
RELATED NEWS
RBI Recruitment: Here's how to apply online on rbi.org.in for 841 vacancies across India | Check date, time and other details RBI Recruitment: Here's how to apply online on rbi.org.in for 841 vacancies across India | Check date, time and other details
Do you have money in this bank? Account holders cannot withdraw over Rs 1000 in cash; Know what you can do Do you have money in this bank? Account holders cannot withdraw over Rs 1000 in cash; Know what you can do
Petrol, Diesel prices may fall in next 2-3 days, Anil Singhvi hopes; Market Guru supports RBI call for tax cuts Petrol, Diesel prices may fall in next 2-3 days, Anil Singhvi hopes; Market Guru supports RBI call for tax cuts
#OperationHaftaVasooli RBI receives complaints against 1,509 digital lending apps #OperationHaftaVasooli RBI receives complaints against 1,509 digital lending apps
HDFC VC and CEO Keki Mistry, in chat with Anil Singhvi, reveals his views on Monetary policy announcements HDFC VC and CEO Keki Mistry, in chat with Anil Singhvi, reveals his views on Monetary policy announcements

LATEST NEWS

Indian economy 2021: With 0.4% GDP growth in 3rd quarter, country out of technical recession

Petrol, diesel prices on February 27: Fuel prices hiked again today—check rates in your cities

ISRO First Mission in 2021: Indian rocket to launch Brazilian satellite, PM Modi picture on spacecraft, space privatisation and more

7th Pay Commission: CONFIRMED! 3% DA, DR hike for government employees, pensioners of THIS state from March 1

Oil drops on dollar strength and OPEC+ supply expectations

Bank Holidays March 2021: RBI says banks will remain closed on these many days next month

7th Pay Commission Latest News: Check out these vacancies notified by UPSC; salary up to Rs 1,77,500 plus DA and other allowances

Sovereign Gold Bond Scheme 2021: Issue Price fixed at Rs 4,662/gm

CBSE exam 2021: Class 10, 12 students should know THESE 10 points before appearing for board exams

IIT Bombay releases GATE 2021 answer key—This is how you can check and raise objection

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved