Parliamentary panel calls Urjit Patel again over Demonetisation issue

Parliamentary panel calls Urjit Patel again over Demonetisation issue

NEW DELHI: RBI Governor Urjit Patel has been asked by a parliamentary panel to appear before it again on May 25 over demonetisation issue after former prime minister Manmohan Singh prevailed over BJP MPs in the panel to call him.

Interestingly, Patel was spared a grilling when he had appeared before the Parliamentary Standing Committee on Finance in January this year after Singh, who himself was RBI governor once, intervened to say that the RBI as an institution needs to be respected and Patel should not be put "odd" questions.

Top sources and members of the committee said that Patel has been asked to appear again before it to brief the members about demonetisation as discussion on it is yet to be concluded.