The Urjit patel governer of Reserve Bank of India (RBI) may consider stepping down from the post following Finance Minister Arun Jaitley’s scathing criticism of the central bank’s “lending spree”, CNBC-TV18 quoted sources as saying on Wednesday.
“RBI governor may even consider resigning. All options on the table,” the report quoted a source familiar with the matter as saying. It quoted another source as saying that there is “irreversible breakdown between RBI governor and the government”.
