Normalcy returning to household saving behaviour: RBI Dy Guv Michael PatraReserve Bank Deputy Governor Michael Patra reported that household saving behavior is returning to normal, with total household savings sta...
Banking sector in good financial health to support growth: RBI dy guvThe banking sector in India has reached a decadal high in terms of financial parameters and is poised to support the country's economic gro...
RBI Dy Guv urges ARCs to adopt regulation plus approachThe Reserve Bank of India (RBI) has criticized asset reconstruction companies (ARCs) for their use of distressed assets and innovative stru...
India must grow at 8-10% every year to reap demographic dividend: RBI bulletinThe Reserve Bank of India (RBI) has emphasized that the Indian economy needs to grow at a rate of 8-10 per cent per annum over the next dec...
CBDC to cut transaction costs, risks: RBI Dy Guv Rabi Sankar"Why is the average cost of transaction for retail 6%? It is not (because of) technology, technology can be made", said Rabi Sankar, at the...
Banks have ceded UPI space to nonbanking sector: RBI Dy GuvThe National Payments Corporation of India (NPCI) recently extended the deadline by two years for existing third-party apps to comply with ...
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...
Financial institutions should be board-driven: RBI Dy Guv Jain"It is important to ensure that financial institutions are board-driven and do not end up being dominated by individuals. Experience has sh...
RBI working on digital currency, pilot projects likely in near future: Dy GuvIntroduction of CBDC, he said, has the potential to provide significant benefits such as reduced dependency on cash, higher seigniorage due...
Growth more crucial than inflation, RBI DG tells economists“The DG was very clear that growth is the larger picture at the moment, inflation is led by supply factors and the central bank cannot abru...
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 ...
Discussion around invoking Section 7 unfortunate:Ex RBI Dy GuvIn an interview to 's Hindi service Bhasha, Gandhi, who was the Deputy Governor of the central bank between 2014 and 2017, said there is no...
Sensex ends on flat note; Nifty below 7,900 levelsThe 50-share Nifty index closed below its crucial psychological level of 7900, weighed down by losses in metal, IT, pharma and realty stock...
- RBI panel to interview 7 RBI executive directors for Dy Guv’s Post
The EDs who have been called for the interview are VK Sharma, VS Das, G Gopalakrishna, HR Khan, DK Mohanty, S Karuppasamy and R Gandhi.
- India in middle of eco recovery, says RBI Dy Guv
India is in the middle of the economic recovery, the Reserve Bank's Deputy Governor Subir Gokarn, said.
- Subir Gokarn, Eswar Prasad frontrunners for RBI dy Guv post
Subir Gokarn, chief economist of Standard & Poor's Asia-Pacific and Cornell University economist Eswar Prasad have emerged as frontrunners ...
- More bankers get interview call for RBI dy guv’s post
In an unexpected turn of events the government has sounded out three more bank chairmen - KC Chakrabarty, MV Nair and MD Mallya - for the p...