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Opinion

What next for India's central bank?

Urjit Patel resignation takes dispute with Modi government into new territory

| India
As Urjit Patel departs as central bank governor, the government is trying to restore confidence.   © Reuters

It would be grossly unfair to say that by resigning Urjit Patel, governor of the Reserve Bank of India, has done the central bank a significant service in its dispute with the Narendra Modi government.

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