NEW DELHI—Reserve Bank of India Gov. Urjit Patel resigned Monday citing personal reasons, following months of tension between the central bank and the government. Mr. Patel and the central bank had come under pressure in recent months from the government over policy, with New Delhi urging the RBI to ease lending rules for state-run banks and transfer surplus funds to the government.

Source: Wall Street Journal December 10, 2018 12:18 UTC