A day after Urjit Patel surrendered as RBI Governor, Niti Aayog Vice Chairman Rajiv Kumar said the national bank's institutional capacities are 'extremely solid' and it will do whatever is required for the business sectors and economy.
Kumar further said in spite of the fact that Patel has completed a stunning work over the most recent two years as RBI Governor, the working of the national bank isn't reliant on a specific person.
"RBI's institutional capacities are extremely solid and they will do whatever is required for the business sectors and economy. The truth of the matter is that RBI itself is such an expert establishment, and such a long-standing organization, to the point that you know, the business will proceed with," Kumar said on the sidelines of an occasion here.
The Niti Aayog Vice Chairman likewise guaranteed that the legislature will do whatever is required to proceed with its nothing new. Remarking on the debilitating of the rupee after Patel's abdication, Kumar stated: "The legislature additionally, I am certain, is seized of the issue and will take care whichever way it's possible."The rupee on December 11 dove by a critical 110 paise in early exchange as residential values saw overwhelming auction in the midst of significant state race results and the startling renunciation of Reserve Bank Governor Urjit Patel.
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