Hope India will continue to prioritise low inflation: Raghuram Rajan
Former RBI Governor Raghuram Rajan, whose tenure at the central bank ended this month, hopes the process of cleaning up banks in the country will be finished and government will continue to prioritise "low inflation", even as he warned against low interest rates globally.
Sep 06, 2016, 10:41 AM IST
Urjit Patel takes charge of RBI as new Governor
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Sep 05, 2016, 17:53 PM IST
Raghuram Rajan warns against low rates worldwide
Maharashtra: India`s outgoing Central Bank Chief Raghuram Rajan warned countries against a rush to low interest rates as his tenure as governor of the Reserve Bank of India came to an end.
Sep 05, 2016, 15:10 PM IST
As Raghuram Rajan departs, RBI opens door to Islamic finance
The Reserve Bank of India (RBI) has proposed working with the government to introduce interest-free banking to tackle financial exclusion for religious reasons, potentially opening Islamic finance to the largest Muslim minority population in the world.
Sep 05, 2016, 11:12 AM IST
Raghuram Rajan: The 'rockstar' central banker who rocked too many boats
As Mint Street readies for a new sheriff, the three-year tenure marked with numerous controversies ended on Sunday for Raghuram Rajan — who sacrificed economics for electrical engineering in college and ended up doing a 'deep surgery' of banks while at RBI.
Sep 05, 2016, 08:23 AM IST
Urjit Patel checks in at RBI to complete Rajan's 'deep surgery'
Urjit Patel, the new Governor of RBI who has maintained a contrasting low-profile to outspoken and rockstar-like Raghuram Rajan, has his immediate task cut out -- finishing the 'unfinished agenda' of his predecessor on completing 'deep surgery' of banks and winning the war on inflation.
Sep 04, 2016, 16:50 PM IST
FPIs stay bullish on equities; pump in Rs 9,000 crore in August
Overseas investors infused over Rs 9,000 crore into the country's equity markets in August, driven by global and domestic factors.
Sep 04, 2016, 11:52 AM IST
Raghuram Rajan demits office as RBI Governor today
Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan demitted office on Sunday, when he hands over charge to Deputy Governor Urjit Patel.
Sep 04, 2016, 11:20 AM IST
Finance Ministry hosts farewell dinner for Raghuram Rajan
The dinner was attended by Finance Minister Arun Jaitely along with other senior officials of the ministry.
Sep 03, 2016, 22:30 PM IST
There is no free lunch: Rajan on special dividend to govt
Outgoing RBI Governor Raghuram Rajan on Saturday rejected the idea of the government taking a special dividend from the central bank for recapitalisation of public sector lenders, saying 'there is no free lunch'.
Sep 03, 2016, 21:01 PM IST
FCNR bonds were 'least bad' option to raise dollars: Rajan
RBI Governor Raghuram Rajan on Saturday said that he chose the "least bad" option of raising forex through FCNR(B) scheme three years ago, but it had helped in strengthening the rupee and stabilising the currency market.
Sep 03, 2016, 18:50 PM IST
RBI will have different priorities after Rajan: Deutsche Bank
The Reserve Bank of India after outgoing Governor Raghuram Rajan will deal with a markedly different set of priorities, Deutsche Bank said in a special report.
Sep 03, 2016, 17:09 PM IST
RBI's ability to say 'no' to govt must be protected: Raghuram Rajan
A day before demitting office, Reserve Bank Governor Raghuram Rajan on Saturday said the RBI's ability to say 'no' to highest echelons of government has to be protected as the country needs a strong and independent central bank.
Sep 03, 2016, 16:57 PM IST
India needs strong and independent RBI: Raghuram Rajan
In his last public speech before demitting office, Reserve Bank Governor Raghuram Rajan on Saturday made a vigorous case for a strong and independent central bank that can say 'no' to highest echelons of the government to ensure macroeconomic stability.
Sep 03, 2016, 14:46 PM IST
'Raghuram Rajan the communicator had the last laugh with market'
As an excellent listener and communicator, the outgoing RBI Governor Raghuram Rajan used all the modes of communication to stop the market from running ahead and got it open-mouthed instead, says a report.
Sep 02, 2016, 21:17 PM IST
Was willing to stay but could not reach agreement: Raghuram Rajan
The former IMF chief economist said he wanted a second term at the central bank to complete the unfinished task "but just didn't reach an agreement" with the government on that.
Sep 01, 2016, 22:26 PM IST
Swamy hits out at Rajan again, says FCNR redemption of $24 billion a 'time bomb'
BJP MP Subramanian Swamy on Thursday termed the USD 24 billion redemptions due to foreign investors this month as a "time bomb" and said the Finance Ministry has to cough up the amount guaranteed by RBI Governor Raghuram Rajan.
Sep 01, 2016, 16:31 PM IST
RBI Governor went with majority view on status quo in Aug meet
Reserve Bank Governor Raghuram Rajan, in his last monetary policy review on August 9, sided with four of the five members of the Technical Advisory Committee that recommended to leave interest rates on hold, citing sticky inflationary tendency.
Aug 31, 2016, 19:30 PM IST
India to grow at 7.6% in FY'17, GST to boost trade, investment: RBI
The RBI said GST implementation will boost trade, investment and growth by reducing supply chain rigidities, encouraging scale economies, cutting down transportation and transaction costs, as also promoting efficiency gains.
Aug 29, 2016, 21:39 PM IST
RBI calls for ownership change of companies with sticky loan accounts
Reserve Bank of India (RBI) Governor Raghuram Rajan on Monday called for ushering new owners or managers for companies whose loans accounts have gone sticky, to improve their operational efficiency.
Aug 29, 2016, 21:13 PM IST
