Urjit Patel  

Urjit Patel is the former Governor of the Reserve Bank of India. From 1998 to 2001, he worked as a consultant in the Department of Economic Affairs, Ministry of Finance. On 4 September 2016, he became the 24th Governor of the Reserve Bank of India (RBI).

Former RBI Governor Urjit Patel has written a book titled ‘Overdraft – Saving The Indian Saver’. The book is scheduled to release on July 24.

Here's why the market is happy about the appointment as RBI governor of Shaktikanta Das, who has had a record of pushing government interest in the parleys with the central bank

The whistleblower had sent a letter in July 2017 and had asked Urjit Patel to investigate '4 years of mismanagement, fatal financial engineering to declare dividend/show divestment & serious corruption by entire top management'

The RBI governor's resignation was being speculated right from the time it was rumoured that the government had cited a never-before-used provision of the RBI Act to get him to consider its views on relaxing lending norms for MSMEs, the appropriate size of reserves, etc, much as Finance Minister Arun Jaitley had refuted the speculation

Tensions have escalated recently, with the finance ministry initiating discussion under Section 7 of the RBI Act, 1934, which empowers the government to issue directions to RBI governor