Rbi Centre Row
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"Would Amount To Raiding RBI": Arvind Subramanian On Using Up Surplus
Former Chief Economic Adviser Arvind Subramanian on Saturday said the independence of the Reserve Bank of India was vital, and any attempts by the government to coerce the central bank into parting with its cash would amount to a "raid".
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Centre's Nominees On RBI Board To Push Harder At Monday Meet: Report
As Prime Minister Narendra Modi's government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year's general election it is getting the central bank's board to take on a much more powerful role, according to government officials and board members.
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Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report
The centre has proposed changing rules that will enable closer supervision of the Reserve Bank of India, people with knowledge of the matter said, a move that may undermine investor confidence in the world's fastest-growing major economy.
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PM Modi Met RBI Chief For "First-Hand Account" Amid Rift: Sources
Prime Minister Narendra Modi and Reserve Bank Governor (RBI) Urjit Patel reportedly met last week in the middle of an unprecedented face-off between the government and the central bank on a range of issues including autonomy. The meeting took place on Friday, news agency PTI reported.
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RBI Row: IMF Against Government Interference Of Any Kind In Central Banks
The International Monetary Fund or IMF said today that it was closely monitoring the reported rift between the RBI and the Centre in India, and expressed its opposition to any move that compromises the independence of central banks anywhere in the world.
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"Consultations With RBI In Public Interest": Government Amid Autonomy Row
The government today said "extensive consultations" with the Reserve Bank of India (RBI) were in "public interest", after reports said it has started discussions on Section 7 of the RBI Act, a never-before-used rule that allows the centre to give instructions to the central bank's chief. In a statement, the finance ministry said such consultations ...
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Aadhaar Row: Top Court Assures Decision by Tomorrow on Larger Bench Plea
The Supreme Court today assured the Centre and bodies like SEBI and RBI that it will take a decision by tomorrow evening on their plea seeking setting up a larger bench for modifying an earlier order restricting the voluntary use of Aadhaar card to PDS and LPG schemes only.
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"Would Amount To Raiding RBI": Arvind Subramanian On Using Up Surplus
Former Chief Economic Adviser Arvind Subramanian on Saturday said the independence of the Reserve Bank of India was vital, and any attempts by the government to coerce the central bank into parting with its cash would amount to a "raid".
-
Centre's Nominees On RBI Board To Push Harder At Monday Meet: Report
As Prime Minister Narendra Modi's government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year's general election it is getting the central bank's board to take on a much more powerful role, according to government officials and board members.
-
Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report
The centre has proposed changing rules that will enable closer supervision of the Reserve Bank of India, people with knowledge of the matter said, a move that may undermine investor confidence in the world's fastest-growing major economy.
-
PM Modi Met RBI Chief For "First-Hand Account" Amid Rift: Sources
Prime Minister Narendra Modi and Reserve Bank Governor (RBI) Urjit Patel reportedly met last week in the middle of an unprecedented face-off between the government and the central bank on a range of issues including autonomy. The meeting took place on Friday, news agency PTI reported.
-
RBI Row: IMF Against Government Interference Of Any Kind In Central Banks
The International Monetary Fund or IMF said today that it was closely monitoring the reported rift between the RBI and the Centre in India, and expressed its opposition to any move that compromises the independence of central banks anywhere in the world.
-
"Consultations With RBI In Public Interest": Government Amid Autonomy Row
The government today said "extensive consultations" with the Reserve Bank of India (RBI) were in "public interest", after reports said it has started discussions on Section 7 of the RBI Act, a never-before-used rule that allows the centre to give instructions to the central bank's chief. In a statement, the finance ministry said such consultations ...
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Aadhaar Row: Top Court Assures Decision by Tomorrow on Larger Bench Plea
The Supreme Court today assured the Centre and bodies like SEBI and RBI that it will take a decision by tomorrow evening on their plea seeking setting up a larger bench for modifying an earlier order restricting the voluntary use of Aadhaar card to PDS and LPG schemes only.
