Nov 19 RBI board meet is going to be nothing less than a showdown as govt & RBI have shown little reconciliation

These will shape, for the better, our economic evolution in the years and decades to come, said Patel.

Earlier, bankers appearing before a different parliamentary panel had said the 180-day resolution plan for NPAs under the Insolvency and Ba...

According to the new rules, banks must work on a resolution plan from day one of a default and relevant plans must be put in place within 1...

At the meeting the MPC voted 5-1 to keep the policy rate on hold at 6 per cent.

Patel also flagged the increasing risk for India because of financial globalisation. He pointed out that global external liabilities have g...

The panel has decided to invite Urjit Patel at a time when the bill was opposed by the bank unions who have also requested the finance mini...

Reserve Bank of India (RBI) Governor Urjit Patel today said that the cash crisis following the recent demonetisation in the country will no...

Parliament's Public Accounts Committee (PAC) had asked Patel and Finance Ministry officials to appear before the committee on January 20.

Finance Secretary Ashok Lavasa and other senior officials will brief the panel on 'demonetisation of Indian currency notes of Rs 500 and Rs...

"Briefing by the Governor, RBI, on the subject 'Demonetisation of Indian currency notes of Rs 500 and Rs 1000 and the impact thereof."

For the first time since taking charge, Patel may have to bear a part of the political anger against demonetisation.

The shortage of currency notes has resulted in tension, exchange of angry words, quarrels between bank staffers and customers.

The RBI Governor said that the objective of ending terror funding, and counterfeits, and unearthing of black money would be achieved throug...

RBI Deputy Governor R Gandhi said that almost Rs 11.85 lakh crore in the scrapped Rs 500/1000 notes have come back to the banking system.

Patel, Rajan’s quiet and well-respected deputy at the RBI, will need to display some backbone. He too will face pressure to loosen monetary...

The market would expect firmness in liquidity management so that lenders have enough ammunition when credit demand picks up with better eco...