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Southern Herald is created for providing in-depth information regarding various fields such as political, social, religious, economic issues.


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Journalist with 15 years of experience. Double post graduate in Economics and Journalism. Worked with Kerala Kaumudi, McMillan Bangalore and Tech Plus Media Pvt Ltd, New Delhi. Founder of Joice Media Group. 

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RBI Guv Urjit Patel has Strong Connection with Ambani and Scamster Jignesh Shah

Before becoming the new governor of RBI, Urjit Patel was the President of business development in Reliance Industries. He also worked with Gujarat petroleum Corporation Limited. Soon after the appointment of Patel as RBI Governor, The renowned lawyer of Supreme Court, Prasant Bhushan tweeted, "Interesting that man who govt replaces Rajan as RBI Gov was President of Reliance Industries & Director of Guj State Pet Ltd, slammed by CAG."

Bhushan called Urjit Patel as the emissary of Ambani. Now he is handling the economy of banks of the country. Ketan Shah, the business man from Mumbai and plaintiff of Spot Exchange Scam said that Urjit Patel has close connection with the scamster alleged Jignesh Shah. (Source: Ketan Shah also revealed that he also filed a case against Jignesh in a Mumbai court in multi-billion scam.

Ketan alleged that MCX India Ltd robbed the hard earned money of the investors. This company is owned by Jignesh Shah. Urjit Patel was one of the members of the Board of Directors of this company. Currently, this matter is under investigation. Urjit Patel was also working as the deputy governor and director of GSPC and he profited the Reliance Industries. After that, Mukesh Ambani appointed Urjit as the President of business development in Reliance Industries.

A top official of the finance ministry said that the government had conducted deep investigation against Urjit Patel before appointing him as the Governor of Reserve Bank of India. The finance ministry also said that it did not find any accusations against Urjit Patel in any case.

Urjit Patel was appointed as the RBI Governor on September 5.  


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