RBI deputy governor
Consolidation of public sector banks not impacted their outreach or inclusive banking efforts, says RBI Deputy Guv Rao
Sat, Oct 22, 2022
The genesis of financial sector reforms in India could be attributed to the recommendations of the Committee on the Financial System chaired by M Narasimham in 1991.
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RBI Monetary Policy Committee (MPC) Minutes: Inflation shock defeats conventional forecasting models, says deputy governor Michael Debabrata Patra
Fri, Oct 14, 2022
The central bank has increased the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.90 per cent with immediate effect, during the last policy meet.
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11% growth possible in next decade if India does this, says RBI Deputy Governor Michael Patra
Sat, Aug 13, 2022
India has a window of opportunity in terms of its demographic advantage, capability to boost manufacturing, increase in exports value as well as internalisation, Patra said while delivering a speech to celebrate 'Azadi Ka Amrit Mohotsav' organised by the Reserve Bank of India, Bhubaneswar.
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India suffering from low labor participation rate, rupee depreciating in the world, says RBI Deputy Governor Michael Patra
Fri, Jun 24, 2022
RBI Deputy Governor Michael Patra on Friday said that India is suffering from a low labor participation rate. He said that the depreciation of rupees is the lowest in the world. RBI stands for the stability of the rupee and is defending the rupee against volatility. Zee Business Tarun Sharma's report.
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Monetary Policy: Financially inclusive will result in policy effectiveness, says RBI Deputy Governor
Fri, Dec 24, 2021
Financial inclusion appears to have gone up, with the level of the RBI's financial inclusion index rising from 49.9 in March 2019 to 53.1 in March 2020 and further to 53.9 in March 2021, Patra said at an event organized at Indian Institute of Management (IIM), Ahmedabad.
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Deputy Governor M Rajeshwar Rao says big tech's financial sector play in India under watch
Fri, Oct 08, 2021
RBI Deputy Governor M Rajeshwar Rao on Friday said the central bank is examining whether deposit acceptance by Google and Amazon is within the prescribed laws and regulations, at a time when concerns about big tech firms' play in the financial space are at a heightened level.
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Stress on asset resolution, recapitalisation to improve banks' balance sheets: Acharya
Fri, Nov 17, 2017
The Deputy Governor said: "The dominance of the supply side factor has also been borne out by the fact that the credit growth of private sector banks remains robust, whereas there has been a sharp deceleration in the credit growth of PSBs"
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Who is Viral Acharya, new deputy governor of Reserve Bank of India
Wed, Dec 28, 2016
Viral Acharya, professor at New York University (NYU) Stern has been appointed as deputy governor of Reserve Bank of India (RBI). The 42 year old professor joined NYU Stern in 2008 and is a Ph.D in Finance from NYU Stern itself in 2001.
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Rs 11.85 crore back but RBI has supplied only Rs 3.81 lakh crore worth of currency
Wed, Dec 07, 2016
Gandhi said, "The motivations for the demonetisation decision are to deal with the problem of high quality counterfeit notes in these denominations and unearth black money that may be held in cash."
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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.
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