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
GST to lower overall tax burden over time, says RBI governor
Reserve Bank governor Urjit Patel on Thursday said the soon-to-be implemented goods and services tax (GST) will not only create a national market but will also broaden the tax base which in turn will lower the overall taxes in the long-term.
Jun 22, 2017, 17:11 PM IST
RBI Governor Urjit Patel to appear before Parl panel on July 6
RBI governor Urjit Patel will on July 6 appear before a parliamentary panel which has called him for the fourth time to discuss the demonetisation move.
Jun 09, 2017, 16:34 PM IST
Lower interest rate won't necessarily boost growth: Reddy
A cut in interest rates will not necessarily increase liquidity and growth, former RBI governor Y V Reddy said on Thursday amid rising tension between the central bank and the government after the former left key policy rate unchanged.
Jun 08, 2017, 21:08 PM IST
Parliament committee may postpone calling RBI governor Urjit Patel
A parliamentary committee may postpone calling RBI governor Urjit Patel on the issue of demonetisation, as BJP members expressed their unavailability this month.
Jun 01, 2017, 23:16 PM IST
New one rupee notes to be in circulation soon
New one rupee notes with predominantly pink-green on obverse and reverse in combination with other colours will be soon put into circulation.
May 30, 2017, 21:09 PM IST
Urjit Patel to brief Parliamentary panel on demonetisation on June 8
RBI Governor Urjit Patel's appearance before a parliamentary panel for a second briefing on demonetisation has been put off from May 25 to June 8, as work on framing the monetary policy would be underway at that time.
May 21, 2017, 13:20 PM IST
'RBI can't escape responsibility for bad loans of banks'
With its nominee Directors on boards of all the government-owned bank, the RBI cannot escape its responsibility for the huge non-performing assets of the banks, said a top union leader said here on MOnday.
May 01, 2017, 18:19 PM IST
Stock of Rs 500 and Rs 2,000 notes was kept ready before demonetisation: RBI Governor
The Reserve Bank had "kept ready" a reasonable stock of new Rs 500 and Rs 2,000 notes before the announcement of demonetisation on November 8 by Prime Minister Narendra Modi.
Apr 27, 2017, 18:42 PM IST
Where would Apple, IBM be if not for talent from across globe: Urjit Patel
Cautioning against protectionism, RBI Governor Urjit Patel has said where would giant American corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from across the world.
Apr 25, 2017, 11:11 AM IST
Parliamentary panel calls Urjit Patel again on note ban issue
RBI Governor Urjit Patel has been asked by a parliamentary panel to appear before it again on May 25 over demonetisation issue after former prime minister Manmohan Singh prevailed over BJP MPs in the panel to call him.
Apr 20, 2017, 17:23 PM IST
'Merge govt, central bank budgets for better fiscal outcomes'
An American economist has called for consolidating the central bank and government's budgets and balance sheets saying such a move can prevent sovereign default risks and ensure better fiscal and monetary outcomes.
Apr 16, 2017, 11:55 AM IST
Need a well capitalised banking sector to support economy: RBI Guv Urjit Patel
Stating that liquidity has surged in the system post demonetisation, Patel said that RBI will continue to provide sufficient liquidity through LAF.
Apr 06, 2017, 15:02 PM IST
RBI Governor gets pay hike; monthly basic jumps to Rs 2.5 lakh
RBI Governor Urjit Patel and his deputies have got a big pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively.
Apr 02, 2017, 16:07 PM IST
Have developed thick skin to criticism; economy will make a “sharp V” recovery after drop
Unfazed by criticism of the way demonetisation was handled, RBI governor Urjit Patel has said the central bank has grown a thick skin fast and stressed that the economy will make a “sharp V” recovery after a short drop.
Feb 17, 2017, 19:57 PM IST
It's important one grows a thick skin fast, says RBI Guv Urjit Patel
Unfazed by criticism of the way the note ban was handled, RBI Governor Urjit Patel on Friday said the central bank has grown a thick skin fast doing its job and stressed that the economy will make a "sharp V" recovery after a short drop.
Feb 17, 2017, 15:46 PM IST
Collateral benefits of demonetisation will take a while to play out, says RBI Governor Urjit Patel
The Reserve Bank of India needs to look beyond the country's so far muted headline inflation figures, as it has committed to meeting a 4 percent inflation target, said its Governor Urjit Patel in a television interview on Friday.
Feb 17, 2017, 08:57 AM IST
RBI Governor nudges banks to reduce lending rates
RBI Governor Urjit Patel today exhorted banks to reduce their lending rates to push credit demand in laggard segments, saying banks have benefited from influx of low-cost deposits and its previous repo rate cuts.
Feb 11, 2017, 15:24 PM IST
Economic Survey 2017: Developments around RBI Guv appointment impacted Indian market
Developments surrounding the appointment of new RBI Governor were among the factors last year that weighed down on the Indian markets, according to the Economic Survey.
Jan 31, 2017, 15:38 PM IST
RBI Governor Urjit Patel reallocates DGs portfolios as Acharya takes charge
RBI Governor Urjit Patel has reallocated portfolios of Deputy Governors following assumption of charge by Viral V Acharya.
Jan 23, 2017, 13:09 PM IST
