Urjit Patel resigns as RBI Governor

Discussion in 'General Discussion' started by Jason, Dec 10, 2018.

  1. Jason

    Jason Administrator Staff Member

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    Citing personal reasons, Urjit Patel has resigned as the Reserve Bank of India. His resignation comes against the backdrop of increasing tensions between the Finance ministry and the Reserve Bank of India. Urjit Patel, 55, who took over as the 24th Governor of the central bank on September 5, 2016, had the shortest tenure since the year 1992.

    Read more at:
    //economictimes.indiatimes.com/articleshow/67026103.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

    A shocking news and it is a big hit for BJP. Now who will be the next RBI Governor.
     
  2. Dilip

    Dilip Active Member

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    I personally think that banning the notes was a good thing. A lot of people lost their black money. Serves them right.
     
  3. Jason

    Jason Administrator Staff Member

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    But weren't they executed it without any thoughts on how it will impact and how else we can save the economy back?
     
  4. Dilip

    Dilip Active Member

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    Pakistan spends ₹300 to put a ₹1000 note in India. Crores of such fake currency vanished. That means terror groups and a lot of anti nationals lost their funds. A lot of people who kept lakhs perhaps crores at home also lost their money. Opposition want to woo them.
     
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