The vice chairman of an influential government think tank on Tuesday played down the shock resignation of Reserve Bank of India governor
Urjit Patel, saying the government would do whatever is required to ensure stability.
"It is not as if the RBI is dependent on any particular individual," said
Rajiv Kumar, vice chairman of the
NITI Aayog think tank, adding India's institutional capabilities are very strong.
Patel's resignation came after a month-long tussle over policy with the government that has raised concerns about the central bank's independence as a national election nears.