The heat has started to turn on Urjit Patel, the governor of the Reserve Bank of India. After the central bank stood firm against the finance ministry’s demands for the transfer of a cash trove of R...
The Central Information Commission (CIC) feels the RBI governor Urjit Patel’s statements and the apex bank’s stated position on disclosure of bad loans do not match.While showcausing the governor...
The day Prime Minister Narendra Modi basked in the glory of the world’s tallest statue, a taller and far less uplifting spectre loomed over some of the most important institutions in the country.The...
The Centre stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is “essential” as it sought to calm investors worried about a growing public quarrel with the central bank.Sto...
The board of the Reserve Bank of India hunkers down on Monday to discuss a raft of contentious issues ranging from relaxed lending rules for small and medium businesses to the more explosive topic of ...
When the deputy governor of the Reserve Bank of India, Viral Acharya, trotted out the analogy of Martín Redrado — the Argentine central bank governor who resigned in 2010 precipitating a constituti...
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...
The Reserve Bank of India has opted to cut the policy interest rate by a quarter of a percentage point to 6.25 per cent — the first such reduction in 18 months. The decision has put the focus back o...
The RBI has surprised markets and economists by cutting the policy interest rate by quarter of a percentage point to 6.25 per cent and changed its monetary policy stance to neutral from a fairly long ...
The finance ministry unceremoniously sent Raghuram Rajan packing. Arvind Subramanian’s departure was not so graceless; but to the best of my knowledge, none amongst the many colleagues who saw him o...