Rbi Autonomy
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Opinion: RBI's Autonomy Takes Another Hit As Viral Acharya Heads For Exit
A standoff over the government's intentions was temporarily resolved by pushing to a panel of experts the question of whether the RBI had excess capital and could return some of it to the finance ministry.
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"I'm Revealing For The First Time...": What PM Modi Said On Urjit Patel
Urjit Patel had wanted to resign for months because of "personal reasons", Prime Minister Narendra Modi said Tuesday, talking about the resignation of the former Reserve Bank of India governor in December amid speculation of a rift with the government. "He wrote to me personally," PM Modi said in an interview to news agency ANI.
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"Was Among First To Say Modi Should Be Made PM": Yashwant Sinha
GDP numbers are misleading, RBI's autonomy is in extreme danger and demonetisation is the biggest banking scam, former finance minister Yashwant Sinha claims in his new book.
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Opinion: After Big Exit, The Assault On RBI's Autonomy Is Just Starting
Their first move, unveiled Thursday, is an innocuous - even laudable - infusion of 410 billion rupees ($5.9 billion) into troubled state-run lenders, bumping up this fiscal year's outlay for bank recapitalization by 63 percent to 1.06 trillion rupees.
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"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
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Autonomy Of Institutions Key For Investor Sentiment, Says Raghuram Rajan
Former Reserve Bank of India governor, Raghuram Rajan, today said given the nation's growth spurt, there should be no perception of interference in the country's leading institutions as it could affect both foreign and domestic investment
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Raising Credit, Liquidity Issues Do Not Infringe On RBI's Autonomy: Arun Jaitley
Arun Jaitley said not just the government but industry associations like FICCI too should have gone to the Reserve Bank to narrate the challenges facing the market.
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Institutions Must Remain Independent Despite "Marching Orders": Raghuram Rajan
Urjit Patel's resignation from the post of Reserve Bank of India governor has spurred a number of economists - including his predecessor Raghuram Rajan - to stress on the need for the country's top institutions to function in a manner "independent" of the government's demands.
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RBI Board Meets Today Under New Chief Amid Worries About Autonomy
Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government's requests to ease lending restrictions on state-run banks.
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7% Growth Offsets RBI Autonomy Concerns: S&P Global On India's Rating
"When you are growing at 7%, that environment is quite forgiving, because it allows for a lot of these unorthodox things to happen," said S&P's lead global sovereign analyst Roberto Sifon-Arevalo.
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Will Uphold Autonomy, Values: New RBI Governor Shaktikanta Das
The new Reserve Bank of India (RBI) Governor Shaktikanta Das said today that he will uphold values and autonomy of the central bank
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New RBI Governor Das: A Journey From North Block To Mint Street
For a career bureaucrat who was equally at ease with three different finance ministers, the journey from North Block to Mint Street has often seen him adopting a non-confrontist approach and building consensus on tackling tricky issues. Considered an efficient implementer and a team player, Shaktikanta Das may be the right man in the Reserve Bank o...
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RBI Governor Urjit Patel's Surprise Exit Likely To Spook The Market: Experts
The government and the RBI have been fighting for weeks over how much autonomy the bank should have as the administration of Prime Minister Narendra Modi seeks to reduce curbs on lending and to gain access to the RBI's surplus reserves.
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"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
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After Urjit Patel's Shock Exit, RBI Denies Reports On No. 2 Viral Acharya
Viral Acharya, who is in charge of the monetary policy department, warned of the wrath of the markets if the autonomy of a central bank is compromised.
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Opinion: RBI's Autonomy Takes Another Hit As Viral Acharya Heads For Exit
A standoff over the government's intentions was temporarily resolved by pushing to a panel of experts the question of whether the RBI had excess capital and could return some of it to the finance ministry.
-
"I'm Revealing For The First Time...": What PM Modi Said On Urjit Patel
Urjit Patel had wanted to resign for months because of "personal reasons", Prime Minister Narendra Modi said Tuesday, talking about the resignation of the former Reserve Bank of India governor in December amid speculation of a rift with the government. "He wrote to me personally," PM Modi said in an interview to news agency ANI.
-
"Was Among First To Say Modi Should Be Made PM": Yashwant Sinha
GDP numbers are misleading, RBI's autonomy is in extreme danger and demonetisation is the biggest banking scam, former finance minister Yashwant Sinha claims in his new book.
-
Opinion: After Big Exit, The Assault On RBI's Autonomy Is Just Starting
Their first move, unveiled Thursday, is an innocuous - even laudable - infusion of 410 billion rupees ($5.9 billion) into troubled state-run lenders, bumping up this fiscal year's outlay for bank recapitalization by 63 percent to 1.06 trillion rupees.
-
"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
-
Autonomy Of Institutions Key For Investor Sentiment, Says Raghuram Rajan
Former Reserve Bank of India governor, Raghuram Rajan, today said given the nation's growth spurt, there should be no perception of interference in the country's leading institutions as it could affect both foreign and domestic investment
-
Raising Credit, Liquidity Issues Do Not Infringe On RBI's Autonomy: Arun Jaitley
Arun Jaitley said not just the government but industry associations like FICCI too should have gone to the Reserve Bank to narrate the challenges facing the market.
-
Institutions Must Remain Independent Despite "Marching Orders": Raghuram Rajan
Urjit Patel's resignation from the post of Reserve Bank of India governor has spurred a number of economists - including his predecessor Raghuram Rajan - to stress on the need for the country's top institutions to function in a manner "independent" of the government's demands.
-
RBI Board Meets Today Under New Chief Amid Worries About Autonomy
Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government's requests to ease lending restrictions on state-run banks.
-
7% Growth Offsets RBI Autonomy Concerns: S&P Global On India's Rating
"When you are growing at 7%, that environment is quite forgiving, because it allows for a lot of these unorthodox things to happen," said S&P's lead global sovereign analyst Roberto Sifon-Arevalo.
-
Will Uphold Autonomy, Values: New RBI Governor Shaktikanta Das
The new Reserve Bank of India (RBI) Governor Shaktikanta Das said today that he will uphold values and autonomy of the central bank
-
New RBI Governor Das: A Journey From North Block To Mint Street
For a career bureaucrat who was equally at ease with three different finance ministers, the journey from North Block to Mint Street has often seen him adopting a non-confrontist approach and building consensus on tackling tricky issues. Considered an efficient implementer and a team player, Shaktikanta Das may be the right man in the Reserve Bank o...
-
RBI Governor Urjit Patel's Surprise Exit Likely To Spook The Market: Experts
The government and the RBI have been fighting for weeks over how much autonomy the bank should have as the administration of Prime Minister Narendra Modi seeks to reduce curbs on lending and to gain access to the RBI's surplus reserves.
-
"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
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After Urjit Patel's Shock Exit, RBI Denies Reports On No. 2 Viral Acharya
Viral Acharya, who is in charge of the monetary policy department, warned of the wrath of the markets if the autonomy of a central bank is compromised.
