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Going viral: RBI Governor missing in action, social media breaks with ‘Urjit missing’ posters

A post that has now gone viral on social media targets RBI Governor Urjit Patel for his silence since the demonetisation of Rs 500 and Rs 1000 currency notes. Titled ‘missing’ in bold capital letters,

India TV News Desk India TV News Desk New Delhi Updated on: November 24, 2016 12:36 IST
Urjit Patel
Urjit Patel

A post that has now gone viral on social media targets RBI Governor Urjit Patel for his silence since the demonetisation of Rs 500 and Rs 1000 currency notes.

Titled ‘missing’ in bold capital letters, the post is on the lines of a missing person poster that says : “Have you seen Urjit? Urjit Patel, 53, last seen at RBI Building.” 

“Please come home. All is forgiven,” it further reads. 

Patel, who was present during the widely covered press conference after the notes ban, has never appeared in public to talk on demonetization. Similarly, except issuing a few press releases, the RBI hasn’t held any pressers to explain the cash situation in the country even after 15 days of confusion and panic among the public.

Clamour for his resignation is also gaining ground as many hold him responsible for havoc caused to the economy with the unprepared decision on demonetisation.

Even top leaders of All India Bank Officers Confederation, which claims to have the backing of over 2.5 lakh bank employees, have demanded the resignation from RBI governor, on grounds that of poor planning by central bank over the demonetisation.

“Since two weeks, the bank employees are working from eight in the morning till midnight including weekends. Still, there are truckloads of work to do. There has been absolutely no cooperation from the RBI’s side,” Vishwas Utagi, Vice president AIBOC, told ANI.

“It added to the mess by banning cooperative banks from exchanging old notes or accepting deposits,” he added.

"RBI Governor Urjit Patel hasn’t uttered a word, he should resign immediately," he added.

Utagi said that bank unions are adamant on their demand for the former’s resignations as well as lockdown of the apex bank.

“When the move was announced, we welcomed it and were ready to put in efforts to make it smooth sailing, but then we realised how badly planned the whole process was,” D Thomas Franco, vice-president AIBOC, said.

“They eventually went ahead with it and it failed, but the RBI Governor at least spoke up. This time the RBI Governor should have opposed it,” he added.

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