In a peculiar case of slighted honour, an executive director at the Reserve Bank of India resigned when the central bank followed in the Bank of England's footsteps by appointing its first female deputy governor last week. K.L. Khetarpal apparently refused to report to his former equal, K.J. Udeshi, and resigned hours after her elevation to governor status. He would not to explain his resignation, saying, "I have nothing to comment... I don't want to say anything against the institution after
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