What next for India's central bank?

Urjit Patel resignation takes dispute with Modi government into new territory

20181211 urjit patel

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

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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