ALL INDIANS NEED TO BE CONCERNED

I believe the resignation of RBI Governor Urjit Patel is matter of great concern. Resignation by a government servant is a note of protest, when faced with circumstances they cannot deal with. All Indians should be concerned about governor Patel's resignation because strength of our institutions is really important for our growth.

— RBI Governor Raghuram Rajan

Surprised at the news that RBI governor has resigned. The previous meeting was held in such a cordial atmosphere that it came as a shock. All directors said media had created a wrong perception while inside it was totally different. That makes it even more surprising.

— RSS ideologue S Gurumurthy

The Government acknowledges with deep sense of appreciation the services rendered by Dr Urjit Patel to this country both in his capacity as the Governor and the Deputy Governor of the RBI. It was a pleasure for me to deal with him and benefit from his scholarship.

— Finance Minister Arun Jaitley

Dr Urjit Patel is an economist of a very high calibre with a deep and insightful understanding of macro-economic issues. He steered the banking system from chaos to order and ensured discipline. Under his leadership, the RBI brought financial stability. Dr. Urjit Patel is a thorough professional with impeccable integrity. He has been in the Reserve Bank of India for about 6 years as Deputy Governor and Governor. He leaves behind a great legacy. We will miss him immensely.

— Prime Minister Narendra Modi

People he (PM) appointed are resigning, first Arvind Subramanian left as CEO and now it is Urjit Patel. The economy is suffering, Modi thinks that he is the biggest economist and he doesn’t need them, so they are resigning.

— Congress leader Kapil Sibal

His resignation will be bad for our economy, the RBI and government. He should at least stay till July, until the next government comes to power. PM should call him and find out the reason and dissuade him from leaving in larger public interest.

— BJP leader Subramanian Swamy

Truly saddened by the resignation of Governor Patel. The PM has said it all. Guv Patel tackled India’s NPA problem and firmly established the MPC process. For these two accomplishments alone, he will go down in history as a most successful Guv.

— Former vice-chairman of Niti Aayog, Arvind Panagariya

RBI governor is resigning because he is protecting the institution of RBI. Taking away reserves from RBI to save your skin is an act against this nation.

— Congress President Rahul Gandhi