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URJIT PATEL THREAT
Former RBI Governor Urjit Patel says new bankruptcy law caused rift with governmentThe rift centered around a February 2018 circular issued by the RBI, which forced banks to immediately classify borrowers as defaulters whe...- The assault on the RBI's autonomy is just startingState-run lenders control 70 percent of banking assets, and 11 out of 21 of them are facing lending curbs.
- India's central bank board meets with new worries about autonomyIndia’s central bank board will meet on Friday with much of the hostility of the past two months with the government having eased.
- What changed your markets while you were sleepingLet's take a look at what might matter on Dalal Street today.
- RBI Governor Urjit Patel goes far too quietlyThe future of the RBI would have been much better served with a stark warning about its present state.
- Govt will be more careful in raising issues publicly: R Gandhi"The resignation is negative for the market immediately but it will come back to normalcy quickly."
- Rupee weakness poses 'dilemma' for RBI at October meetingThe MPC is scheduled to announce its next decision on Oct. 5.
- RBI cites crop MSP, oil volatility, fiscal slippage as risks to inflation while hiking repo rateThe RBI hiked repo rate by 25 basis points citing reasons that the headline inflation has remained away from its medium term target of 4 pe...
- Rate hike by RBI is big negative for exporters feels EEPC IndiaIf the GDP growth has to be pushed up to the levels as estimated by the RBI, the exporters need to be supported, said the EEPC.
- After 4 years, RBI hikes repo rate by 25 bps on price pressuresThe six-member Monetary Policy Committee voted unanimously for the rate increase.
- RBI policy on expected lines, hope to see rate cut soon: India IncThe RBI's macro numbers like inflation forecasts as also the GDP look real and variables like Monsoon, crude oil prices in an election year...
- RBI keeps rates unchanged but lowers inflation expectations in surprise moveThe central bank forecast economic growth in the current year at 7.4 per cent.
- RBI minutes: MPC concerned over rising inflationAt the meeting the MPC voted 5-1 to keep the policy rate on hold at 6 per cent.
- Tomatoes: The new enemy in India's fight against inflationFood accounts for 46 percent of India’s consumption basket, which means it plays an outsize role in determining headline inflation.
- IIT professors apprise parliamentary panel of cyber threatsIt was the last meeting of the Committee that concluded all evidences regarding government's last November decision to scrap high denominat...
- India's GDP to expand at 7.5 per cent in 2017-18: Arun JaitleyIndia's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit (CAD), talking about robust ...
- RBI Governor gets threat mail, sender held in NagpurThe RBI Governor received the email on February 23 in which the sender threatened to harm Patel and his family if he did not quit, a police...
- RBI to enforce cyber security among banksTo ensure that consumer complaints are addressed properly by banks, the RBI is also planning to expand the coverage of the Banking Ombudsma...
- Stop following me, Urjit Patel tells securitymenUrjit Patel who stepped in as the 24th governor on Tuesday is unlikely to do anything as adventurous as his distant predecessor.
- Changes in monetary policy framework: Will RBI be lucky the sixth time?No doubt there will be opposition from the political establishment to some of the measures which held them back for years.
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