RBI concedesThe RBI was also prepared to grant some concessions. The central bank agreed to consider a suggestion from the board to draw up a restructuring programme for the loans taken by micro, smal...
Sir — It is shocking that the present government has apparently invoked Section 7 of the Reserve Bank of India Act which empowers the former to issue directives to the central bank, which is otherwi...
A crucial meet of the Reserve Banks central board is underway on Monday amid a rift between the central bank and the government over future course of policies.Reserve Bank of India Governor arrived at...
Sir — The resignation of Urjit Patel as the governor of the Reserve Bank of India was unexpected, especially since it came ahead of the crucial meeting of the central board of directors that was hel...
Former bureaucrat Shaktikanta Das on Tuesday was appointed the new governor of the Reserve Bank of India, a government statement said.Das, who retired as economic affairs secretary in May 2017, has be...
Urjit Patel’s immediate predecessor, Raghuram Rajan, on Monday said the government should determine the real reasons behind Patel’s exit and take appropriate action.“I see it as a serious issue....
Urjit Patel has resigned as the RBI governor citing 'personal reasons' in the middle of increasing differences had cropped up between the central bank and the government.Patel said he was steppin...
From jumla to Achchhe Din (and some not-so-Achchhe Din), we've imagined Narendra Modi's mann ki baat on New Year's Eve — the lessons he might have learnt and the resolutions he might want to ta...
BJP MP Subramanian Swamy on Saturday alleged that Reserve Bank of India governor Shaktikanta Das was “highly corrupt” and said his appointment to the central bank was a “surprise”. “The new ...
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...