Senior BJP leader and Rajya Sabha member\u00a0Subramanian Swamy on Monday warned that Urjit Patel's resignation as Reserve Bank of India (RBI) governor will be bad for the economy. He advised Prime Minister Narendra Modi to call Urjit Patel and\u00a0dissuade him from leaving in the\u00a0larger public interest. He also sad that Urjit Patel should have stayed till July, until the next governor came to power. ALSO READ:\u00a0Urjit Patel resigns as RBI governor; cites personal reasons "His resignation will be bad for our economy, RBI & govt. He should at least stay till July until the next govt comes to power. A PM should call him and find out the reason, and dissuade him from leaving in the larger public interest,"\u00a0Subramanian Swamy told news agency ANI. Subramanian Swamy on Urjit Patel's resignation as RBI Guv: His resignation will be bad for our economy, RBI & govt. He should at least stay till July, until the next govt comes to power. PM should call him & find out the reason&dissuade him from leaving in larger public interest pic.twitter.com\/HutGRuuiob \u2014 ANI (@ANI) December 10, 2018 Urjit Patel on Monday resigned from his position with immediate effect citing personal reasons. However, his decision to resign followed a series of event that was seen as an effort to undermine the autonomy of the RBI. Reportedly, the government wanted RBI to become board-governed, which meant higher decision making powers in the hands of government representatives at the board. ALSO READ:\u00a0Raghuram Rajan reacts to Urjit Patel\u2019s resignation; says \u2018Dr Patel has made a statement\u2019 The government earlier invoked Section 7 of the RBI Act to initiate consultation on several\u00a0contentious issues such as lending restrictions on weaker banks and RBI's reserves. The differences between the government and the RBI came to light when deputy governor Viral Acharya, in a strongly worded speech, said that the governments that undermine the central bank's autonomy invite the wrath of the market.