The central banker has also cautioned them about the use of central bank digital currencies (CBDC) as "safe haven" and therefore the bank d...

The role of monetary policy will be crucial in navigating India's inflation rate with global levels which will help preserve both the inter...

India has granted a one-year extension to the tenure of central bank deputy governor Michael Patra, as per a government document seen by Re...

Reserve Bank of India Deputy Governor, Michael Patra, stated that India is on track to become a $5 trillion economy by 2027 and there are c...

Patra, a career central banker since 1985, took over as the deputy governor on January 14, 2020.

Another dimension of monetary policy credibility is the timing of its response, he said and added that a delay in the monetary policy respo...

Patra said the central bank will not allow "jerky movements" of Rupee and stressed that the Indian currency has witnessed least depreciatio...

It can be noted that for over the last two years, policy efforts have been concentrated on helping the economy recover from the reverses of...

A third channel could be the reassessment of geopolitical risk by markets and investors, which could inflate country-risk premiums, raise t...

The agglutination of supply disruptions, the health crisis, an unparalleled mass migration and a hostile global environment has caused a co...

As deputy governor, Kanungo headed the departments of currency management, information technology, payment and settlement systems, foreign ...

The benchmark Nifty50 and BSE Sensex have nearly doubled after hitting their multi-year lows in March 2020 during the crash induced by the ...

“Inflation expectations play a central role in setting and conducting monetary policy in modern times,’’ Patra wrote. “Over a finite time h...

Michael Patra was appointed as RBI's deputy governor, replacing Viral Acharya, who left office on July 23.

Michael Patra cautioned market prepare even for a rate increase, show the minutes of the MPC meeting.

“On the RBI side, the board has selected Michael Patra to be the RBI nominee on the MPC ” said RBI governor Raghuram Rajan at the post poli...

The Reserve Bank of India today promoted three senior officials as executive directors and also reshuffled portfolios of some EDs.