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Economy

Indian central bank governor Patel quits amid Modi spat

Government left looking for successor as elections loom

MUMBAI -- Reserve Bank of India Gov. Urjit Patel resigned on Monday, having presided over a clash with the government of Prime Minister Narendra Modi over easing credit for small businesses and cleaning up bad loans.

Patel leaves nearly one year ahead of the completion of his three-year tenure that began in September 2016.

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