Rbi Governer Urjit Patel
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"Finance Minister And I Were On Same Page Till...": Ex- RBI Chief Urjit Patel
Moves to dilute a new bankruptcy law caused disagreements between Prime Minister Narendra Modi's government and the central bank.
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RBI Governor Shaktikanta Das Faces Increasingly Tough Balancing Act
Shaktikanta Das, overseeing what was until recently the world's fastest-growing major economy, has worked tirelessly to restore relations with the government after a bitter public spat led his predecessor Urjit Patel to quit.
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Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
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"Government, RBI Relation Like That Of Husband And Wife": Manmohan Singh
Former prime minister Manmohan Singh on Tuesday said the relationship between the government and the RBI is like of "husband-wife" and the difference of opinions must be resolved in a manner that the two institutions work in harmony.
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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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Government's Cash Problem Just Got More Bearable, Thanks to RBI Switch
Shaktikanta Das, a former bureaucrat picked by PM Modi to steer the RBI after Urjit Patel's exit, is open to hearing the government out on its concerns about the economy -- whose growth slowed in the three months through September. Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of ...
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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 Reviews Governance Framework Under New Governor Shaktikanta Das
This is the first board meeting after the RBI's former chief Urjit Patel's resignation earlier this week following widening differences between the government and the central bank.
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"Modi government Thinks It Owns RBI," Says P Chidambaram
Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term, former Union Finance Minister P Chidambaram on Thursday said the Modi government thinks it owns the RBI.
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Differences Either Get Settled Or RBI Governors Make Way: Arun Jaitley
Jaitley said the RBI has the responsibility as far as credit and liquidity is concerned and it is not an issue of confrontation if the "sovereign accountable government" forces the issue for a discussion and redressal by the RBI.
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Foreign Media On 'Potentially Catastrophic' Fight At RBI
Central banks are usually pretty boring places, home to technocrats who keep watch on inflation and exchange rates and pride themselves on avoiding public controversy.
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Government Appoints Shaktikanta Das As RBI Governor: Here's What Experts Say
On Monday, Urjit Patel's resignation came after over a month-long tussle over policy with government that raised concerns about RBI's independence.
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What's Next For RBI: Friday Board Meet Unlikely Without New Governor
There's no obvious candidate, but local media are floating names of several people, including Subhash Chandra Garg, and Rajiv Kumar, both of whom are RBI board members.
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Urjit Patel Resignation "Disturbing", Says Bank Staff Association
The government is bent on weakening the RBI and making it pliable to meet its own political needs, said All India Bank Employees' Association General Secretary CH Venkatachalam.
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Blog: Behind-The-Scenes Of Urjit Patel's "Surprise" Resignation
The story that culminated in RBI Governor Urjit Patel's resignation probably began the day when the Modi government decided to appoint S Gurumurthy to the RBI's board. The swadeshi-spouting chartered accountant who believed that the RBI "has lost its capacity to think for India", and who had openly blamed it for the economic troubles of Indi...
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"Finance Minister And I Were On Same Page Till...": Ex- RBI Chief Urjit Patel
Moves to dilute a new bankruptcy law caused disagreements between Prime Minister Narendra Modi's government and the central bank.
-
RBI Governor Shaktikanta Das Faces Increasingly Tough Balancing Act
Shaktikanta Das, overseeing what was until recently the world's fastest-growing major economy, has worked tirelessly to restore relations with the government after a bitter public spat led his predecessor Urjit Patel to quit.
-
Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
-
"Government, RBI Relation Like That Of Husband And Wife": Manmohan Singh
Former prime minister Manmohan Singh on Tuesday said the relationship between the government and the RBI is like of "husband-wife" and the difference of opinions must be resolved in a manner that the two institutions work in harmony.
-
"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.
-
Government's Cash Problem Just Got More Bearable, Thanks to RBI Switch
Shaktikanta Das, a former bureaucrat picked by PM Modi to steer the RBI after Urjit Patel's exit, is open to hearing the government out on its concerns about the economy -- whose growth slowed in the three months through September. Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of ...
-
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 Reviews Governance Framework Under New Governor Shaktikanta Das
This is the first board meeting after the RBI's former chief Urjit Patel's resignation earlier this week following widening differences between the government and the central bank.
-
"Modi government Thinks It Owns RBI," Says P Chidambaram
Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term, former Union Finance Minister P Chidambaram on Thursday said the Modi government thinks it owns the RBI.
-
Differences Either Get Settled Or RBI Governors Make Way: Arun Jaitley
Jaitley said the RBI has the responsibility as far as credit and liquidity is concerned and it is not an issue of confrontation if the "sovereign accountable government" forces the issue for a discussion and redressal by the RBI.
-
Foreign Media On 'Potentially Catastrophic' Fight At RBI
Central banks are usually pretty boring places, home to technocrats who keep watch on inflation and exchange rates and pride themselves on avoiding public controversy.
-
Government Appoints Shaktikanta Das As RBI Governor: Here's What Experts Say
On Monday, Urjit Patel's resignation came after over a month-long tussle over policy with government that raised concerns about RBI's independence.
-
What's Next For RBI: Friday Board Meet Unlikely Without New Governor
There's no obvious candidate, but local media are floating names of several people, including Subhash Chandra Garg, and Rajiv Kumar, both of whom are RBI board members.
-
Urjit Patel Resignation "Disturbing", Says Bank Staff Association
The government is bent on weakening the RBI and making it pliable to meet its own political needs, said All India Bank Employees' Association General Secretary CH Venkatachalam.
-
Blog: Behind-The-Scenes Of Urjit Patel's "Surprise" Resignation
The story that culminated in RBI Governor Urjit Patel's resignation probably began the day when the Modi government decided to appoint S Gurumurthy to the RBI's board. The swadeshi-spouting chartered accountant who believed that the RBI "has lost its capacity to think for India", and who had openly blamed it for the economic troubles of Indi...
