1. You Are At:
  2. English News
  3. Politics
  4. National
  5. Urjit Patel resigned to protect institution of RBI: Congress president Rahul Gandhi

Urjit Patel resigned to protect institution of RBI: Congress president Rahul Gandhi

Urjit Patel on Monday resigned from his post with immediate effect, citing "personal reasons".

India TV News Desk Edited by: India TV News Desk New Delhi Updated on: December 10, 2018 19:21 IST
Rahul Gandhi
Image Source : ANI

Rahul Gandhi

Commenting on Reserve Bank of India (RBI) governor Urjit Patel’s resignation Congress president Rahul Gandhi on Monday said that he resigned to protect the institution. 

“RBI governor is resigning because he’s protecting the institution of RBI. Taking away reserves from RBI to save your skin is an act against this nation. I’m very proud that people from all walks of life and institutions are standing up to it,” news agency ANI quoted Gandhi as saying.

Attacking the Narendra Modi government over RBI Governor Urjit Patel's resignation, Congress spokesperson Randeep Singh Surjewala on Monday said the "tyrannical Modi regime" had unleashed a de facto financial emergency in the nation and that the integrity of another institution had been "denigrated". 

"Integrity of another institution-RBI stands denigrated by a tyrannical Modi regime as reflected in RBI Governor's unceremonious exit. Economic anarchy, compromising India's monetary policies and attempting to stifle RBI's independence by government-appointed puppets is the DNA of the BJP," Surjewala tweeted.

Congress MP Ahmed Patel said the manner in which the RBI Governor had been forced to quit was a blot on India's monetary and banking system. 

"BJP government has unleashed a de facto financial emergency. The country's reputation and credibility are now at stake," he said.

Urjit Patel on Monday resigned from his post with immediate effect, citing "personal reasons".

(With inputs from agencies)

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Politics and National Section