RBI is more than autonomous, but govt is the sovereign: Das
Governor Shaktikanta Das said even though the central bank engages with the government in free and frank discussions, there is no interference from it when it comes to taking decisions.
How the govt pulled off Rs 1.76 lakh crore fund transfer from RBI
After Garg's ouster, the Centre's revised pitch before the committee was to...
Government gets windfall gain from RBI; raises expectation for stimulus
The amount of transfer this year is more than double the 680 billion ...
What does the RBI move mean for you
As per RBI’s proposal, banks can link their lending rates with an external benchmark instead of the MCLR.
Bimal Jalan panel finalises report; suggests transfer of RBI's surplus in tranches over 3-5 years
The Bimal Jalan committee, constituted to assess the adequate size of capital reserves that the RBI should hold, has finalised its report, sources said on Wednesday.
RBI to cut interest rates by 40 bps by March: Fitch
RBI on August 7 had cut rates by 35 bps, slightly higher than market expectations of 25 bps cut.
Had once told FM to sack RBI governor: Nitin Gadkari
Gadkari sought to make the point how rigidity by regulators had hampered business growth in the country.
Jalan panel on ECF to meet again this month
With a new member, the committee will reconsider if it should submit its recommendations which were not unanimous.
RBI was slow to take timely measures on bad loans: Urjit Patel
A failure on the part of banks, the government and the regulator till 2014 has got us into the current bad loan mess and the resultant low c...
Periodic bail outs for state-run banks necessary, says Urjit Patel
Patel said banks indulged in over-lending, while the government did not "fully play" its role.
RBI capital transfer: Jalan panel likely to get extension to finalise report
The extended deadline of the Bimal Jalan committee -- constituted to assess the optimum size of capital reserves that the Reserve Bank of India (RBI) should hold -- ended in July.
Finance Secretary Subhash Chandra Garg seeks VRS after being shifted to Power Ministry
No official explanation of what triggered ouster of 1983 batch IAS officer from finance ministry.
What Modi govt can do to save PSU banks
Here's why repeated recapitalisations by New Delhi won't save India's public banks.
RBI deputy governor follows Urjit Patel: MPC may take a dovish turn as Viral Acharya departs
Ex-NYU professor has always been vocal about RBI's autonomy, bank cleanup.
Budget 2019: State banks in a fix over proposed hike in minimum public holding
Several PSBs have been in a precarious situation with repeated capital infusion by the govt over the years pushing promoter holding way above 75%.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service