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Ex RBI Chief Demands Centre's White Paper On Political Parties' Freebies
The Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies, former RBI Governor D Subbarao has said.
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"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
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UPA Seized RBI To Paint Picture Of Rosy Economy: Minister Anurag Thakur
Union Minister Anurag Thakur on Tuesday alleged that the Congress-led UPA government "seized" the RBI to paint an illusion of economic growth during its tenure in office.
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Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
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Must Have 10-Year Road Map To Privatise Public Sector Banks: Ex RBI Chief
Former RBI governor D Subbarao has suggested that the government should come up with a 10-year road map for privatisation of all Public Sector Banks (PSBs) as it would provide much needed predictability to stakeholders.
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Unfair To Say RBI Behind The Curve In Hiking Rate: Former Governor
The criticism that the Reserve Bank of India was behind the curve in hiking interest rate to tame rising inflation is unfair, former RBI Governor D Subbarao said on Wednesday and asserted that it is difficult for any central bank to anticipate the future more accurately.
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RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
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Budget 2022 Should Focus On Creating Jobs: Former RBI Governor
The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former RBI Governor D Subbarao said on Thursday.
-
Bad Bank Not Only Necessary But Unavoidable: Former RBI Governor D Subbarao
Much of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said.
-
Coronavirus Financial Stimulus "Not Sufficient", Fiscal Deficit May Go Up To 14%, Says Ex-RBI Governor
The former RBI governor said that livelihood support has to be extended to many more families as most of their savings have dried up
-
Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
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Note Ban Most Disruptive Policy Innovation Since 1991: Former RBI Chief
Demonetisation is "arguably" leading to a flurry of innovations in Indian financial sector by way of digitisation of payments, Mr Subbarao said.
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Delegalising Notes Will have Positive Implications: D Subbarao
"The cleansing of the system" will be positive for bothsavings and investment, " Said the former Governor of RBI
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Unfair To Put Moral Code Of Conduct On RBI Chief: Subbarao
Former RBI governor D Subbarao spoke out against the idea of having a 'moral code of conduct' for the central bank head, strongly defending the right of public intellectuals like his successor Raghuram Rajan to use the gravitas of the office for public good.
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I Had Felt FCNR Deposits To Be An Idiotic Idea: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan disclosed that idea of raising diaspora deposits, which changed the downward course of the rupee when he took over in September 2013, had come from bankers and he was very sceptical about it given the cost to the exchequer.
-
Ex RBI Chief Demands Centre's White Paper On Political Parties' Freebies
The Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies, former RBI Governor D Subbarao has said.
-
"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
-
UPA Seized RBI To Paint Picture Of Rosy Economy: Minister Anurag Thakur
Union Minister Anurag Thakur on Tuesday alleged that the Congress-led UPA government "seized" the RBI to paint an illusion of economic growth during its tenure in office.
-
Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
-
Must Have 10-Year Road Map To Privatise Public Sector Banks: Ex RBI Chief
Former RBI governor D Subbarao has suggested that the government should come up with a 10-year road map for privatisation of all Public Sector Banks (PSBs) as it would provide much needed predictability to stakeholders.
-
Unfair To Say RBI Behind The Curve In Hiking Rate: Former Governor
The criticism that the Reserve Bank of India was behind the curve in hiking interest rate to tame rising inflation is unfair, former RBI Governor D Subbarao said on Wednesday and asserted that it is difficult for any central bank to anticipate the future more accurately.
-
RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
-
Budget 2022 Should Focus On Creating Jobs: Former RBI Governor
The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former RBI Governor D Subbarao said on Thursday.
-
Bad Bank Not Only Necessary But Unavoidable: Former RBI Governor D Subbarao
Much of the resolution will have to take place outside the Insolvency and Bankruptcy Code framework, former Reserve Bank of India Governor D Subbarao said.
-
Coronavirus Financial Stimulus "Not Sufficient", Fiscal Deficit May Go Up To 14%, Says Ex-RBI Governor
The former RBI governor said that livelihood support has to be extended to many more families as most of their savings have dried up
-
Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
-
Note Ban Most Disruptive Policy Innovation Since 1991: Former RBI Chief
Demonetisation is "arguably" leading to a flurry of innovations in Indian financial sector by way of digitisation of payments, Mr Subbarao said.
-
Delegalising Notes Will have Positive Implications: D Subbarao
"The cleansing of the system" will be positive for bothsavings and investment, " Said the former Governor of RBI
-
Unfair To Put Moral Code Of Conduct On RBI Chief: Subbarao
Former RBI governor D Subbarao spoke out against the idea of having a 'moral code of conduct' for the central bank head, strongly defending the right of public intellectuals like his successor Raghuram Rajan to use the gravitas of the office for public good.
-
I Had Felt FCNR Deposits To Be An Idiotic Idea: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan disclosed that idea of raising diaspora deposits, which changed the downward course of the rupee when he took over in September 2013, had come from bankers and he was very sceptical about it given the cost to the exchequer.
