There is insufficient evidence to prove that Urjit Patel’s insolvency law had created disagreements with the Indian government that cost him his job.
However, the Supreme Court overruled the circular on April 1, 2019.
Former RBI Governor Urjit Patel's attempts to dilute a new bankruptcy law had reportedly caused disagreements between the Union government and the central bank. This was mentioned in his recently published book 'Overdraft: Saving the Indian Saver.' However, we cannot prove whether this caused him to resign.