Breaking News

Just in: Central bank boss quits amid spat with government

The head of India’s central bank announced his resignation on Monday following a public spat with Prime Minister Narendra Modi’s administration about government interference.

Urjit Patel cited “personal reasons” for his decision but media reports have said that he was annoyed by repeated government efforts to influence central bank policy.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.