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Raghuram Rajan News
Year of exits at RBI: First Rajan, then old notes!
Wed, Dec 28, 2016
First, it was outspoken Raghuram Rajan and then old Rs 500/1,000 notes, including those bearing his signature -- 2016 saw them exit the Mint Street riding such big waves of controversies that their ripple effect is bound to be felt in the new year.
Should RBI hold on a rate cut today?
Wed, Dec 07, 2016
Should RBI wait for two more months before cutting rates?
As Indian rate cut hopes grow, some warn of going too far
Tue, Dec 06, 2016
The Reserve Bank of India (RBI) is widely expected to cut interest rates on Wednesday as the economy reels from an unexpected clampdown on cash, but foreign investors will be looking for some assurance that new Reserve Bank Governor Urjit Patel has firm control over monetary policy.
RBI Governor Urjit Patel gets Rs 2 lakh pay per month, no support staff at home
Sun, Dec 04, 2016
RBI Governor Urjit Patel gets a little over Rs 2 lakh as salary and has not been provided with any supporting staff at his residence, the central bank has said.
RBI seen cutting rates as demonetisation rattles economy: Reuters poll
Sat, Dec 03, 2016
The Reserve Bank of India (RBI) is expected to cut interest rates next week and economists are set to chop growth and inflation forecasts after Prime Minister Narendra Modi`s currency crackdown rattled the economy and severely hurt consumption, a Reuters poll showed.
Sharia banking: RBI proposes 'Islamic window' in banks
Sun, Nov 20, 2016
The plan for Sharia bank was opposed by certain political and non-political groups.
Deadline for banks to clean up books 'stands' at March'17: RBI
Tue, Nov 15, 2016
Reserve Bank deputy governor N S Vishwanathan today said the deadline for banks to clean up their balance sheet 'stands' at March 2017, even as its governor Urjit Patel hinting at pragmatic approach in dealing with NPAs.
Finance Ministry begins separating public debt management from RBI
Wed, Oct 05, 2016
"This interim arrangement will allow separation of debt management functions of RBI to PDMA in a gradual and seamless manner, without causing market disruptions. The PDMC shall be upgraded to a statutory PDMA, in about 2 years," it said.
RBI Governor Urjit Patel unlikely to lower rates on Oct 4: Experts
Sun, Oct 02, 2016
The newly-constituted Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel is unlikely to lower rates at its maiden policy review on Tuesday as it awaits more supporting data on inflation, experts said.
RBI Governor Urjit Patel & MPC panel face close call on interest rates
Fri, Sep 30, 2016
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.
Urjit Patel meets Arun Jaitley in Delhi before RBI Monetary Policy meet
Thu, Sep 29, 2016
According to a newspaper report, in a separate pre-policy meeting with economists, Patel had downplayed inflationary risks and instead focused on India's growth prospects.
RBI to issue Rs 20 notes with Urjit Patel’s signature
Fri, Sep 16, 2016
Urjit Patel took charge as the 24th governor of the Reserve Bank of India (RBI) on September 5, after serving as the deputy governor since January 2013.
India's August retail inflation at five-month low, raises hopes of rate cut
Mon, Sep 12, 2016
"The scope of 25 basis points cut in the October policy meet seems to be on the cards," said Shakti Satapathy, an analyst at AK Capital Services in Mumbai.
With RBI's push Rupee Sovereign Bonds to be among Asia's best performers
Wed, Sep 07, 2016
The report mentioned Citibank's prediction stating that more bond will gain as there are chances of inflation spike cooling by the end of FY17.
Dy Governor R Gandhi to look after RBI's monetary policy department
Tue, Sep 06, 2016
The Reserve Bank of India (RBI) said on Tuesday it will reallocate the portfolios for its three deputy governors, including shifting the monetary policy, economic policy and research, and financial market operations to R Gandhi.
Hope India will continue to prioritise low inflation, says Raghuram Rajan
Tue, Sep 06, 2016
Raghuram Rajan, whose tenure as the RBI Governor ended this week, hopes the process of cleaning up Indian banks will be finished and the government will continue to prioritise "low inflation".
Lower rates no substitute for broader policy reforms, Rajan warns once again
Tue, Sep 06, 2016
RBI undertook an asset quality review of banks by issuing blanket orders to classify loans to certain accounts as non-performing assets.
Urjit Patel takes charge as 24th RBI governor
Mon, Sep 05, 2016
Like Rajan, Patel too worked with the International Monetary Fund (IMF).
'Rockstar' Rajan bids farewell as his tenure at RBI comes to an end today
Sun, Sep 04, 2016
Outspoken as he has been with his views, 53-year-old Rajan went on to make public that he was willing to stay longer but an "agreement" could not be reached with the government in this regard.
54% urban Indians won't shop online if there are no offers: Survey
Sat, Sep 03, 2016
Majority of urban Indians will not do online shopping if the e-commerce companies do not offer discounts, said a latest survey.