Rift Among Patels

Two years ago, when Urjit Patel replaced the flamboyant Raghuram Rajan as the 24th governor of the Reserve Bank of India, he had a quiet first day at work away from media glare. He had already served as the deputy governor at the RBI for three years before that. He was expected to maintain a low profile unlike his predecessor who had reportedly ups...

The ongoing friction between the Reserve Bank of India and the government has boiled over, with the association of the bank's employees siding with its Deputy Governor on Monday. Last week, Viral Acharya had made a strong case for the need of autonomy at the country's central bank -- his speech had been widely shared on social media. Quoting source...

What began as a massive show of strength by the Patel community led by 21-year-old Hardik Patel in Ahmedabad on Tuesday morning, was threatening to fall apart by the afternoon, with another faction airing its differences with the young leader in public.

Two years ago, when Urjit Patel replaced the flamboyant Raghuram Rajan as the 24th governor of the Reserve Bank of India, he had a quiet first day at work away from media glare. He had already served as the deputy governor at the RBI for three years before that. He was expected to maintain a low profile unlike his predecessor who had reportedly ups...

The ongoing friction between the Reserve Bank of India and the government has boiled over, with the association of the bank's employees siding with its Deputy Governor on Monday. Last week, Viral Acharya had made a strong case for the need of autonomy at the country's central bank -- his speech had been widely shared on social media. Quoting source...

What began as a massive show of strength by the Patel community led by 21-year-old Hardik Patel in Ahmedabad on Tuesday morning, was threatening to fall apart by the afternoon, with another faction airing its differences with the young leader in public.