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Urjit Patel
India  /  Published 20.11.19

How Urjit ran into poll bond wall

Former RBI governor Urjit Patel wrote at least three letters to then finance minister Arun Jaitley in 2017 warning that allowing anyone other than the central bank to issue electoral bonds is fraught ...
By Anita Joshua in New Delhi

Opinion  /  Published 02.09.19

India's unhealthy banking sector

The last two governors of the Reserve Bank of India were given an unceremonious farewell by the government in Delhi. Both suffered the kick with admirable fortitude. Raghuram Rajan, who was not given ...
By Ashok V. Desai in

Business  /  Published 29.08.19

RBI friction points with govt stay

The Reserve Bank of India (RBI) on Friday iterated its concerns over calls to ease the current risk weights, or minimum capital requirements, of banks. These are higher than the global Basel III norms...
By Our Special Correspondent in Mumbai

Business  /  Published 27.08.19

Bid to change RBI financial year

The Bimal Jalan-panel on the economic capital framework of the RBI has proposed an April-March financial year for the apex bank against the current July-June year of the bank.The economic capital fram...
By PTI in New Delhi

Business  /  Published 24.08.19

Jalan report on menu

The board of the Reserve Bank of India (RBI) will consider the Bimal Jalan committee report on Monday when it meets to approve the financials for the year ended June 30, 2019. The RBI follows a July-J...
By Our Special Correspondent in Mumbai

Opinion  /  Published 20.08.19

Viral Acharya's exit from RBI is India's loss

The present government in Delhi is in the process of subjugating and annexing the Reserve Bank of India. Raghuram Rajan thought for himself, and was superb; his term was not extended. Urjit Patel trie...
By Ashok V. Desai in

Business  /  Published 24.04.19

Jalan panel report in June

A six-member panel looking into the appropriate capital reserves the Reserve Bank of India (RBI) should maintain is likely to submit its report by June.The committee, headed by former RBI governor Bim...
By Our Special Correspondent in Mumbai

Business  /  Published 04.04.19

External yardstick for rates deferred

The RBI has deferred a move to introduce an external benchmark to fix floating rate loans till further consultations with various stakeholders. The SBI, however, has already announced it would link sa...
By Our Special Correspondent in Mumbai

Opinion  /  Published 02.04.19

A great economy, poorly run

The World Bank has just come out with a comprehensive review of India’s growth story over the past half-century. It shows that economic growth steadily accelerated over the 50 years, from 3 to 7 per...
By Ashok V. Desai in

India  /  Published 11.03.19

Congress points to DeMo minutes, says ‘told you so’

The Reserve Bank of India’s central board of directors had in November 2016 disagreed that the demonetisation would achieve the government’s stated objectives but approved the move “in public in...
By Our Special Correspondent in New Delhi


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