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4 mins read
Here's why former RBI governor Rajan and former deputy Acharya believe the plan to allow corporations to own banks is a 'bad idea'
Their direct access into the financial veins of the system would only increase the concentrati…
2 mins read
Viral Acharya resigns: The member of Indian central bank's monetary policy panel and a government critic quits before his term ends to return to US
An outspoken top cat from India’s central bank, Viral Acharya, has quit to go back to teaching at …
1 min read
Viral Acharya says increased government borrowing will make corporate loans costlier
Acharya announced his resignation from the central bank in June citing ‘unavoidable personal r…
2 mins read
Ernest Hemingway helped an Indian economist change his mind on interest rates-- reveal the latest minutes of RBI's June meeting
"How should I vote? I found that I was speaking to myself as Santiago, the old fisherman, in “Old M…
3 mins read
The resignation of the governor of India’s central bank sends a clear indication about the erosion of institutional autonomy under the Modi administration
The rumours had been swirling for the past few months. The governor was on his way out. …
3 mins read
India’s government wants to dilute an important corrective programme for the nation’s struggling lenders — and the central bank is having none of it
The Reserve Bank of India (RBI) and the central government are in the midst of a very public confro…
2 mins read
Here’s why India needs a public credit database
The concept of a national public credit registry has been gaining momentum in India in recent yea…
4 mins read
Three things the RBI will have to mull over as it gets ready to announce its monetary policy decision
The Reserve Bank of India (RBI) is set to announce its policy rate decision tomorrow, and this time…
2 mins read
Former RBI governor Patel pens book on dealing with NPA issue
"…in our country, where they own banks, they can use our deposits to lend and splurge for goals th…
PTI
3 mins read
After 39 years, Vishwanathan leaves RBI due to ill-health
Vishwanathan, born in June 1958 in a middle-class Kerala family, did his Masters in economics from…
PTI
3 mins read
RBI offers Narendra Modi government money to boost growth-- share markets cheer
India’s central bank has been saving for a rainy day and looks like that day has come. Aft…
2 mins read
Vishwanathan decides to step down as RBI deputy guv by Mar 31
As deputy governor, Vishwanathan is heading the departments of banking regulation, co-operative ba…
PTI
4 mins read
History behind, Das-led RBI charts new trails sans acrimony
Mumbai, Dec 31 () When the Narendra Modi government, stumped by the sudden resignation of Urjit Pat…
PTI
1 min read
Newly appointed Dy Guv Patra to look after RBI's monetary policy division
Mumbai, Jan 15 () Newly appointed RBI Deputy Governor Michael Debabrata Patra will look after the k…
PTI
1 min read
5 key takeaways from RBI’s monetary policy
Meanwhile, the MPC noted that incoming data suggest that the transitory effects of demo…
2 mins read
Here’s how much RBI governor Urjit Patel will earn now after salary hike
The "basic pay of the Governor and Deputy Governors" has been revised retrospectively with effect f…
5 mins read
Cementing dominance: Birla vs Adani, of Chaebols, conglomerates, and National Champions
Ultratech and Adani aggressively acquire smaller cement companies. Does this consolidation resemble…
3 mins read
The spat between India’s central bank and the government gets more heated as the finance minister blames it for not doing enough to prevent the country’s bad loan problem
Some may say that this is an unfair assertion from Jaitley. The RBI has consistently lobbied f…