Meet Michael Patra, RBI's new deputy Governor
Michael Patra was appointed as RBI's deputy governor, replacing Viral Acharya, who left office on July 23.
High inflation, low growth await new RBI Deputy Governor Michael Patra
Michael Patra will take over as the fourth deputy governor at the RBI ...
RBI asks UCBs to report large accounts data almost with immediate effect
The detailed guideline stipulate that the reporting frequency of the...
Former RBI Governor backs Deepika Padukone's silent protest, EC Ashok Lavasa's impartial duty
In a blog on Linkedin, Raghuram Rajan said the news of a gang of masked assailants breaking into one of India's leading universities, Jawaharlal Nehru University, and then going on a rampage for hours, attacking students and faculty, entirely undisturbed by the police, is "worrisome".
Government to seek RBI dividend boost as revenue drops
The fresh call comes just months after the RBI approved a Rs 1.76 trillion dividend payment to the government.
Inflation a monetary phenomenon: MD Patra
“Inflation expectations play a central role in setting and conducting monetary policy in modern times,’’ Patra wrote. “Over a finite time horizon, inflation expectations reflect the credibility of the monetary authority’s commitment to stated objectives. The effectiveness of monetary policy is likely to be greater if inflation expectations remain anchored.’’
December retail inflation reaches 7.35%, breaches RBI's upper end target
CPI has breached the upper end of the RBI's 2-6 percent target band for the first time since July 2016.
GDP growth to be back at 6-7% by Sept: Indranil Sen Gupta, BofA Securities
There is a worry that credit demand is weaker than before, says Indranil Sen Gupta.
OMO programme on expected lines, says RBI Guv
The RBI has so far carried out three rounds of what is called as 'Open Market Operations' under the programme.
RBI strengthening regulations for banks and NBFCs: Shaktikanta Das
Persistently high inflation adversely impacts the economy’s allocative efﬁciency and impedes growth, says Das.
Oil threat looms for India as inflation set to breach 6% limit
In India, costs of everything from food to medicines and mobile-phone services have already been climbing.
Loan mela effect: Bank credit soars in Oct-Dec
Vehicle loans picked up by Rs 4,550 crore in October-November from Rs 1,292 crore in April-September.
NPCI sets up subsidiary for exporting UPI to international markets: RBI governor
UPI is an interoperable instant fund transfer technology created by NPCI that enables interbank fund transfer. There are currently 140 member banks using the UPI rails to enable payments for customers across the banking sector. The NPCI is RBI's payment governance arm and is owned by a consortium of top Indian banks.
RBI survey shows investment is picking up, says governor Shaktikanta Das
Citing the survey results, the RBI governor said that the manufacturing firms have increased investments in fixed assets. 45.6 % of the funds available with them were deployed in fixed asset as compared to 18.9% last year, the governor highlighted. The survey also showed that companies are using surplus funds to deleverage their books.
Part Panglossian, part practical, Governor Shaktikanta Das soldiers on
Tomorrow, Das will complete a year at the helm of RBI. Here's looking back at that turbulent one year.
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