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RBI Deputy governor Viral Acharya resigns minutes after the RBI governor Urjit Patel left his post

RBI Deputy governor Viral Acharya resigns minutes after the RBI governor Urjit Patel left his postAcharya assumed the office of Deputy Governor of RBI on January 20, 2017.
NEW DELHI: RBI is locked in major tussle with the government over its autonomy Government has appointed several of its nominees to the board Urjit Patel says quitting effective immediately for personal reasons


In a series of tweets, Prime Minister Narendra Modi said Mr Patel "leaves behind a great legacy. We will miss him immensely".

Full  text of statement by Governor

On account of personal reasons, I have decided to step down from my current position effective immediately. It has been my privilege and honour to serve in the Reserve Bank of India 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.

Urjit R. Patel

10th December 2018




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