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Urjit Patel: the yes-man who finally said no to Indian PM Modi
When Prime Minister Narendra Modi abolished India’s previous set of high-value banknotes two years ago, Urjit Patel, the newly appointed central bank governor, seemed little more than a pliant...
Urjit Patel - Wikipedia
Urjit Patel (born 28 October 1963) is a Kenyan-born Indian economist, who formerly served as the 24th Governor of the Reserve Bank of India and also Deputy Governor of Reserve Bank of India, looking after monetary policy, economic research, financial markets, statistics and information management.
Here's what could have led to RBI Governor Urjit Patel's exit
Urjit Patel resigns as RBI Governor. The government wanted the RBI to relax the prompt corrective action (PCA) framework under which as many as 11 public sector banks are placed now due to enormous stressed assets. The government says the stringent norms hurt credit growth.
First Raghuram Rajan and now Urjit Patel: What forced the RBI Governor ...
In an unprecedented development, Prime Minister Narendra Modi’s handpicked Governor of the Reserve Bank of India (RBI) Urjit Patel has resigned “effective immediately”. This is the second RBI...
Urjit Patel is back — as chief of key economic think tank
Urjit Patel is back — as chief of key economic think tank. Patel replaces former bureaucrat Vijay Kelkar, who chaired NIPFP for almost six years. He is scheduled to join June 22 and will have a four-year tenure, NIPFP said in a statement. By: ENS Economic Bureau. New Delhi | Updated: June 20, 2020 07:09 IST.
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