RBI Governor Urjit Patel Resigns With Immediate Effect

  • Reserve Bank of India (RBI) governor Urjit Patel announced his resignation from the post, effective immediately,.citing personal reasons. 
  • Patel’s term as RBI governor was to end in September 2019. He was the 24th Governor of RBI. 
  • Patel took charge as the RBI governor on 4 September 2016 after Raghuram Rajan resigned from the post on 19 June of that year.