Short-term note ban costs to outweigh long-term benefits: Raghuram Rajan
In his book titled 'I Do What I Do: On Reforms Rhetoric and Resolve', Rajan, who was the governor between 2013 and 2016, had also warned of what would happen if the preparations for demonetisation were inadequate.
Sep 04, 2017, 16:37 PM IST
Not asked on demonetisation during my tenure: Rajan
The former Governor of the RBI writes that the Central Bank wasn't asked to take such a decision at any point during his tenure at the Reserve Bank.
Sep 03, 2017, 10:32 AM IST
Raghuram Rajan was offered deputy governor's post in RBI by Reddy
Eminent economist Raghuram Rajan was initially offered the job of deputy governor in the Reserve Bank of India which he did not accept, and a decade later he joined the central bank as a governor.
Jun 26, 2017, 18:27 PM IST
Was demonetisation one of the reasons why Raghuram Rajan left?
Former finance minister and senior Congress leader P. Chidambaram on Friday said that a five-page letter speaking against demonetisation was submitted to the Centre by “someone in the Reserve Bank of India” on the day Raghuram Rajan stepped down from the post of Governor of the apex bank.
Feb 11, 2017, 13:51 PM IST
'Great to be back', says former RBI Governor Raghuram Rajan at University of Chicago
Having returned to academia after a controversy-ridden stint at the RBI, former Governor Raghuram Rajan feels "great to be back" riding his bike in Chicago and hopes to "do it as long as" he can.
Feb 08, 2017, 13:53 PM IST
Viral V Acharya—RBI's new Deputy Governor: All you need to know
Viral V Acharya, a New York University economics professor was today announced as Reserve Bank of India's new Deputy Governor by the Government. Interestingly, Viral once called himself 'poor man's Raghuram Rajan'.
Dec 29, 2016, 01:03 AM IST
RBI Governor row: Raghuram Rajan exits, Urjit Patel in
Urjit Patel was appointed as the new Governor of the Central Bank. He succeeded Raghuram Rajan. Patel, the 24th RBI Governor, will serve a three-year term with effect from September 4.
Dec 17, 2016, 17:08 PM IST
RBI governor Urjit Patel gets Rs 2 lakh salary per month, no support staff at residence
The Central Bank informed that Urjit Patel who was on August 20 named as RBI's Governor to succeed Raghuram Rajan takes home a salary of Rs 2 lakh per month and has not been provided with any support staff at his residence.
Dec 04, 2016, 19:52 PM IST
'Raghuram Rajan too may have cut interest rate like Urjit Patel did'
Flamboyant former Reserve Bank Governor Raghuram Rajan too may have cut interest rates like his successor Urjit Patel did at his every first monetary policy review, said rating agency Fitch.
Nov 14, 2016, 14:34 PM IST
Centre keeps RBI Governor's appointment details wrapped in secrecy
The Centre has declined to share details on appointment of RBI Governor Urjit Patel and other candidates shortlisted for the top post in the central bank saying these are "cabinet papers" and cannot be made public.
Nov 06, 2016, 12:06 PM IST
Urjit Patel warns of risks from Brexit, US elections
India and fellow BRICS countries need to be prepared to confront potential "political risk" events such as Britain`s exit from the European Union and the U.S. presidential elections, Reserve Bank of India Governor Urjit Patel warned on Thursday.
Oct 13, 2016, 16:47 PM IST
Markets price in more easing by RBI, see risk in policy shift
The Reserve Bank of India has embarked on a significant but potentially risky shift towards greater tolerance of higher inflation under new governor Urjit Patel, prompting markets to price in another rate cut.
Oct 07, 2016, 14:58 PM IST
Home, auto loans set to be cheaper as RBI new Governor Urjit Patel cuts interest rates by 0.25%
In the first monetary policy review under RBI Governor Urjit Patel, the interest rate was today cut by 0.25 percent to six-year low of 6.25 percent in a unanimous decision by the new rate-setting panel MPC.
Oct 04, 2016, 15:33 PM IST
RBI Governor Urjit Patel offers festive gift to borrowers, cuts interest rates by 0.25%
The newly-constituted Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel on Tuesday cut repo rate by 0.25 percent in its maiden policy review which is likely to make home and auto loans cheaper.
Oct 04, 2016, 14:30 PM IST
RBI Governor Urijit Patel to present maiden monetary policy today
Moving away from the usual practice of announcement at 11 am, the fourth bi-monthly monetary policy review would be made public at 2:30 pm after the MPC meeting.
Oct 04, 2016, 08:35 AM IST
RBI Governor Urijit Patel to present maiden monetary policy next week; investors keen for his views
A month into the job, Reserve Bank of India new Governor Urijit Patel will on Monday and Tuesday chair his maiden policy review.
Oct 01, 2016, 11:48 AM IST
New RBI chief Urjit Patel and monetary policy committee face close call on rates
A month into the job, India`s new central bank governor will on Monday and Tuesday chair his maiden policy review, which for the first time will see a committee set interest rates, though views are divided on whether there will be any change this time round.
Sep 30, 2016, 15:04 PM IST
Rajan returns to academia; to teach international corp finance
Having returned to his "ultimate home", former RBI Governor Raghuram Rajan has resumed his role as 'Distinguished Service Professor of Finance' at the University of Chicago Booth School of Business and would teach international corporate finance there in winter of 2017.
Sep 19, 2016, 08:48 AM IST
New lending norms may nudge banks towards retail loans: SBI
Stringent RBI norms proposed for corporate lending are expected to nudge banks towards consumer loans, SBI Chairperson Arundhati Bhattacharya has said while reiterating that there is no bubble in the retail segment.
Sep 11, 2016, 11:56 AM IST
RBI detects 200 odd illegal entities duping public
Around 200 entities having operations in West Bengal and have been collecting deposits in an unauthorised manner are under the scanner of the Reserve Bank of India.
Sep 09, 2016, 22:22 PM IST
