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Timeline: How the RBI vs govt story unfolded in lead up to Patel's exit

The relationship between the RBI and the government has been strained for the past several months

Softening stand? RBI, govt reach truce ahead of Monday's board meeting

Reserve Bank Governor Urjit Patel, who faced the possibility of an unprecedented action from the government over differences on a variety of issues, Monday resigned from his job citing personal reasons. Patel, 55, who took over as the 24th Governor of the central bank on September 5, 2016, had the shortest tenure since 1992. He was hand-picked by the BJP-led government after his predecessor Raghuram Rajan was denied a second-term. The relationship between the RBI and the government has been strained for the past several months. Here's a timeline of the ...