Centre-RBI Solution Before Meet, Urjit Patel Unlikely To Quit: Sources | Read
The Reserve Bank of India (RBI) and the government are moving towards a resolution of their biggest points of conflict in the build-up to a meeting of the central bank's board on Monday. Sources said the two sides are close to finding a solution to two key differences - liquidity and credit issues. Amid de-escalation efforts, RBI governor Urjit Patel's resignation at the board meeting - a speculation in media reports in the past few days - is unlikely, say sources.
