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.
![RBI chief Urjit Patel should not have resigned: board member RBI chief Urjit Patel should not have resigned: board member](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2018/12/10/63728-urjit-patel-reuters1.jpg?itok=lpZWIy9K&c=c5af8c0f92ccc8e249257bf0f1cb18e8)
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