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MICHAEL DEBABRATA PATRA
Buy now pay later, credit card spending reducing savings of youth: RBI Deputy GovernorRBI Deputy Governor warns of decreased savings due to BNPL and credit card usage. These trends challenge monetary policy. Digital financial...- Retail inflation likely to average 4.5 pc in 2024-25: RBI DG PatraRBI deputy governor Michael Debabrata Patra projected retail inflation to average 4.5% in 2024-25, aligning with the target by 2025-26. He ...
- RBI's Michael Debabrata Patra urges deposit insurers, other such entities to enhance crisis preparednessThe central banker has also cautioned them about the use of central bank digital currencies (CBDC) as "safe haven" and therefore the bank d...
- RBI central board reviews economic, financial developmentsThe Central Board of Directors of the Reserve Bank of India convened on Friday for its 604th meeting to assess economic and financial devel...
- RBI Central Board reviews global, domestic economic situationThe Central Board of Directors of RBI reviewed the global and domestic economic situation and associated challenges, including the impact o...
- 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...
- Cabinet secretary-led panel to interview five candidates for RBI deputy governor's post on June 1According to sources, five candidates have been shortlisted, including a non-executive chairman of a public sector bank. The Financial Sect...
- RBI reviews global and domestic economic situation at its board meetThe Board discussed the Reserve Bank’s activities during the current accounting year 2022-23, and also approved the budget for the accounti...
- 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.
- RBI's central board reviews economic situationThe board also discussed the activities of select central office departments and the draft report on the Trend and Progress of Banking in I...
- Arbitrary pricing of various money instruments delaying policy transmission: Michael Debabrata PatraWhile other instruments like commercial papers and certificates of deposits also do their part in delaying the policy transmission, the cen...
- RBI Central Board reviews economic situation, geopolitical crises"The Board also discussed the functioning of various Sub-Committees of the Central Board, Ombudsman Scheme and activities of select Central...
- Need to keep inflationary expectations firmly anchored: RBI articleCentral bank, on the other hand, stated that the opinions expressed in the piece are those of the writers and do not reflect the views of R...
- Inflation trajectory heavily contingent on geopolitical developments: RBI Dy GuvAnother dimension of monetary policy credibility is the timing of its response, he said and added that a delay in the monetary policy respo...
- RBI Board reviews current economic situation, impact of geopolitical crisesThe Board also discussed various areas of operations of the Reserve Bank, including the functioning of the local boards and activities of s...
- May need to frontload rate actions to tame inflation: RBI research paper“Repeated supply shocks trigger second round effects through cost-push, expectations, exchange rate and demand channels, warranting pre-emp...
- India better positioned to face external shocks: Michael Debabrata PatraThe pandemic caused a loss of output of over a tenth of annual GDP of a normal year. Recovering this lost output may take several years, ce...
- RBI rejigs portfolios of deputy governorsAs deputy governor, Kanungo headed the departments of currency management, information technology, payment and settlement systems, foreign ...
- Meet Michael Patra, RBI's new deputy GovernorMichael Patra was appointed as RBI's deputy governor, replacing Viral Acharya, who left office on July 23.
- Key highlights from RBI's first bi-monthly policy of FY20This is second back-to-back rate cut by the Reserve Bank of India
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