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Michael Debabrata Patra
Business  /  Published 17.09.21

RBI defends reverse repo rate action

RBI deputy governor Michael D Patra on Thursday defended the asymmetric cuts in the repo and the reverse repo rate, saying that a sharper reduction in the latter allowed companies and the government t...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.21

Revival to beat forecasts: RBI

The Reserve Bank of India has said the revival in the economy will exceed most forecasts which will drive the economy towards a “glorious summer” while throwing open the space for a greate...
By Our Special Correspondent in Mumbai

Business  /  Published 15.01.20

Online use disabled in new cards

The RBI on Wednesday tightened its security rules for debit and credit cards. Among the restrictions, new cards or reissued cards can be used only by swiping them in devices, while for online transact...
By Our Special Correspondent in Mumbai

Business  /  Published 14.01.20

Patra replaces Acharya

The Union government on Tuesday appointed Michael Debabrata Patra as the deputy governor of the Reserve Bank of India (RBI).Patra, executive director of the central bank, will replace Viral Acharya. L...
By Our Special Correspondent in Mumbai


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