Reserve Bank Of India Governor Urjit Patel

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.

Viral Acharya, Deputy Governor of the Reserve Bank of India (RBI), has resigned, citing "unavoidable personal circumstances". Mr Acharya, whose term was scheduled to end in February, conveyed his decision to the central bank in a letter. "Consequential action arising from his letter is under consideration of the Competent Authority," the RBI said i...

RBI interest rate: While many economists expect the six-member panel to announce a reduction in repo rate, analysts will keenly look out for any steps to prop up growth, after official data put India's GDP growth behind China's in the March quarter. Under its current governor, Shaktikanta Das, the central bank has cut the repo rate by 25 basis poi...

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.

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.

The new Reserve Bank of India (RBI) Governor Shaktikanta Das said today that he will uphold values and autonomy of the central bank

In the end, India's vanquished central banker left with scarcely a whimper, even neglecting to give his closest colleagues a heads-up of his early exit from the national stage.

Shaktikanta Das is an active user of Twitter, a sharp contrast to the outgoing RBI chief Urjit Patel who was publicity shy and rarely gave interviews.

Former Economic Affairs Secretary Shaktikanta Das has been appointed the new Governor of the Reserve Bank of India, a day after Urjit Patel quit from the top job at the central bank. The 63-year-old former bureaucrat has been appointed for a term of three years. He will serve as the 25th RBI Governor.

Shaktikanta Das, a member of the Fifteenth Finance Commission, was appointed the new governor of the Reserve Bank of India (RBI) on Tuesday, news agency Reuters reported. The appointment of Mr Das as RBI governor comes after Urjit Patel announced his shock exit on Monday. The appointment of Mr Das is likely to cheer bond and currency markets, said ...

Rupee and bonds plunged following Reserve Bank of India Governor Urjit Patel's unexpected resignation after market hours on Monday shocked investors.

Stock, currency and bond markets plunged in morning trade today as counting of votes cast in assembly elections in five states was underway. The shock exit of Reserve Bank of India (RBI) Governor Urjit Patel on Monday also spooked the markets. The S&P BSE Sensex lost as much as 533.43 points and the Nifty50 barometer of the National Stock Exchange ...

The stock markets are likely to open sharply lower on Tuesday, a day marked with the much-awaited results of assembly elections in five states. The SGX Nifty was down 169.5 points, or 1.6 per cent, at 10,348.50 on Tuesday morning. The Nifty and Sensex had plunged around 2 per cent on Monday to register their worst closing levels in four weeks, drag...

Former prime minister Manmohan Singh today said Reserve Bank of India (RBI) Governor Urjit Patel's resignation is "very unfortunate" and a "severe blow" to the country's economy.

The rupee weakened by 50 paise against the dollar on Monday, as domestic equity markets plunged amid renewed concerns on the US-China trade front. A two per cent fall in the domestic equity markets, a day ahead of key state election results, also hurt the currency market. In a surprise move, Reserve Bank of India Governor Urjit Patel stepped down o...

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.

Viral Acharya, Deputy Governor of the Reserve Bank of India (RBI), has resigned, citing "unavoidable personal circumstances". Mr Acharya, whose term was scheduled to end in February, conveyed his decision to the central bank in a letter. "Consequential action arising from his letter is under consideration of the Competent Authority," the RBI said i...

RBI interest rate: While many economists expect the six-member panel to announce a reduction in repo rate, analysts will keenly look out for any steps to prop up growth, after official data put India's GDP growth behind China's in the March quarter. Under its current governor, Shaktikanta Das, the central bank has cut the repo rate by 25 basis poi...

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.

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.

The new Reserve Bank of India (RBI) Governor Shaktikanta Das said today that he will uphold values and autonomy of the central bank

In the end, India's vanquished central banker left with scarcely a whimper, even neglecting to give his closest colleagues a heads-up of his early exit from the national stage.

Shaktikanta Das is an active user of Twitter, a sharp contrast to the outgoing RBI chief Urjit Patel who was publicity shy and rarely gave interviews.

Former Economic Affairs Secretary Shaktikanta Das has been appointed the new Governor of the Reserve Bank of India, a day after Urjit Patel quit from the top job at the central bank. The 63-year-old former bureaucrat has been appointed for a term of three years. He will serve as the 25th RBI Governor.

Shaktikanta Das, a member of the Fifteenth Finance Commission, was appointed the new governor of the Reserve Bank of India (RBI) on Tuesday, news agency Reuters reported. The appointment of Mr Das as RBI governor comes after Urjit Patel announced his shock exit on Monday. The appointment of Mr Das is likely to cheer bond and currency markets, said ...

Rupee and bonds plunged following Reserve Bank of India Governor Urjit Patel's unexpected resignation after market hours on Monday shocked investors.

Stock, currency and bond markets plunged in morning trade today as counting of votes cast in assembly elections in five states was underway. The shock exit of Reserve Bank of India (RBI) Governor Urjit Patel on Monday also spooked the markets. The S&P BSE Sensex lost as much as 533.43 points and the Nifty50 barometer of the National Stock Exchange ...

The stock markets are likely to open sharply lower on Tuesday, a day marked with the much-awaited results of assembly elections in five states. The SGX Nifty was down 169.5 points, or 1.6 per cent, at 10,348.50 on Tuesday morning. The Nifty and Sensex had plunged around 2 per cent on Monday to register their worst closing levels in four weeks, drag...

Former prime minister Manmohan Singh today said Reserve Bank of India (RBI) Governor Urjit Patel's resignation is "very unfortunate" and a "severe blow" to the country's economy.

The rupee weakened by 50 paise against the dollar on Monday, as domestic equity markets plunged amid renewed concerns on the US-China trade front. A two per cent fall in the domestic equity markets, a day ahead of key state election results, also hurt the currency market. In a surprise move, Reserve Bank of India Governor Urjit Patel stepped down o...