RBI Governor steps down current position

Urjit R. Patel said On account of personal reasons, I have decided to step down from my current position (RBI Governor) effective immediately.

It has been my privilege and honour to serve in the Reserve Bank of India in various capacities over the years.

Support, hard work of RBI staff, officers & management has been proximate driver of Bank’s considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues & Directors of RBI Central Board & wish them all the best for future.