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RBI deputy governor News
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.
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.
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.
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.
Cryptocurrencies yet to pass test of fiat currency, difficult to regulate says CEA V Anantha Nageswaran
Thu, Jun 09, 2022
Chief Economic Adviser V Anantha Nageswaran said on Thursday that cryptocurrencies have yet to pass the test to become fiat currency.
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.
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.
Next RBI Deputy Governor: Latest update on the selection of candidate
Thu, Aug 20, 2020
A search panel headed by the cabinet secretary is scheduled to interview shortlisted candidates on Friday for the post of RBI deputy governor.
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"
Mundra retires; Vishwanathan to head supervisory depts at RBI
Tue, Aug 01, 2017
Deputy governor Viral Acharya will be handling the central security cell, the Rajbhasha department and the human resources function, RBI said.
RBI invites applications for deputy governor post as SS Mundra term to end in July
Thu, May 25, 2017
The Reserve Bank of India has started hiring for the post of deputy governor and the central bank has released a public notice stating the qualifications of the applicants.
Viral Acharya joins RBI as Deputy Governor today
Fri, Jan 20, 2017
Acharya will look after portfolios like monetary policy and research clusters. He will also take a seat in the six member monetary policy committee (MPC).
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.
NYU Stern professor Viral Acharya is new RBI Deputy Governor, Govt says
Wed, Dec 28, 2016
Filling the Deputy Governor spot in the Reserve Bank of India (RBI), the government on Wednesday picked Viral Acharya, professor of economics at New York University Stern School of Business (NYU Stern).
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."
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.
Technology, regulatory changes, consumer behavior are redefining banks: RBI Deputy Governor
Thu, Aug 18, 2016
Speaking on the topic of "New Horizons in Indian Banking" R Gandhi, Deputy Governor at the FIBAC 2016 he discussed the 'New paradigm in Banking: Banking is Necessary, Not Banks'.
Experiments with payments banks will not be tolerated: RBI Deputy Governor
Mon, Jun 13, 2016
Asserting there is no room for promoters to experiment with upcoming payments and small finance banks, RBI Deputy Governor S S Mundra on Monday said there should not be any “adventurism”and institutional progress of the entities will be monitored closely in formative stages.
Are Jan Dhan Yojna bank accounts creating more Manmohan Singhs?
Wed, May 25, 2016
Money launderers may have found a new tool to transfer and receive huge chunks of money, and it's none other than the crores of Jan Dhan Yojna bank accounts opened up by the government in the last one year.