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MICHAEL D PATRA
Poonam Gupta, former World Bank economist, appointed as RBI's deputy governor ahead of MPC meetThe Reserve Bank of India (RBI) has appointed Poonam Gupta as its new Deputy Governor. Gupta, who currently serves as the Director General ...
India to become USD 5 trillion economy, third-largest by 2027: RBI DG PatraThe IMF's Regional Economic Outlook for Asia and the Pacific indicates that this region will contribute about two-thirds of global growth i...
RBI assigns additional responsibilities to 3 deputy governors as M K Jain demits officeDeputy Governor Jain was looking after departments of Co-ordination, Central Security Cell, Consumer Education and Protection Department, D...
RBI deputy governor Michael Debabrata Patra reappointed for one yearPatra, a career central banker since 1985, took over as the deputy governor on January 14, 2020.
Crypto & taxation on agenda as G20 finance Track meets start tomorrowThe first G20 Finance and Central Bank Deputies (FCBD) meeting, jointly hosted by the finance ministry and the Reserve Bank of India (RBI),...
Indian economy resilient in an uncertain global environment: RBIRecent data from the far side of the Atlantic and in India suggest a grudging let-up in inflationary pressures. Inflation has somewhat ease...
Lead indicators of economic activity point to sustained resilience of the Indian economy, says RBIRecent data from the far side of the Atlantic and in India suggest a grudging let-up in inflationary pressures. Inflation has somewhat ease...
Some of the South Asian economies need urgent access to multilateral support: Michael D PatraCountries such as Pakistan and Sri Lanka faced rating downgrades by various external credit rating agencies limiting their access to intern...
India could be the second most important driver of global growth in 2022 after China: Michael D PatraThe world's third largest economy in terms of purchasing power parity is going to contribute about 14% of global growth this year, he said,...
Rupee relatively better placed than other global currencies against dollar: FM"We are relatively better placed. We are not a closed economy. We are part of the globalised world. So, we will be impacted (by global deve...
Not targeting any level, but RBI will not allow 'jerky movements' of Rupee: Dy Guv Patra"We don't know where the Rupee will be. Even the US Fed doesn't know where the dollar will be. But be sure of one thing. We will stand for ...
Rupee settles at all-time low of 78.33 against US dollarOn the domestic equity market front, the BSE Sensex ended 462.26 points or 0.88 per cent higher at 52,727.98, while the broader NSE Nifty g...
RBI's views might have delayed crypto bill: Deputy Governor PatraThe government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December ...
RBI 'behind the curve' criticism: Deputy Governor Patra says approach has served us wellIndia is placed "much better" to deal with future waves of the pandemic as compared to being affected the worst in the first wave after the...
Lifting consumption, investment & revival of MSME key challenges for policymakers, says RBI's Michael Patra“Only time will tell whether or not India has got it right but so far, this approach has served us well and helped in charting a course int...
India's monetary policy financially inclusive by design: RBI Deputy Governor PatraFinancial 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 i...
Equities showing irrational exuberance, says RBI's Dy Guv Michael PatraThe benchmark Nifty50 and BSE Sensex have nearly doubled after hitting their multi-year lows in March 2020 during the crash induced by the ...
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RBI to hold interviews for deputy governor post on December 8According to sources, the government-appointed search committee will meet on December 8 in New Delhi.
RBI keeps balance sheet in mind while undertaking OMO: Raguram Rajan"So, when we find our balance sheet is growing faster or slower, we undertake OMOs to adapt the size and the composition of the balance she...