A day after Urjit Patel resigned as RBI Governor, NITI Aayog Vice Chairman Rajiv Kumar said the central bank’s institutional capabilities are very strong and it will do whatever is required for the markets and economy.
Kumar further said although Patel has done an amazing work in the last two years as RBI Governor, the functioning of the central bank is not dependent on any particular individual. He said that RBI itself is a professional institution, and the business will continue as usual.
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