The current level of currency reserves held by RBI is necessary in view of international volatility and to maintain high creditworthiness, governor Urjit Patel told a parliamentary committee on
Category: RBI–Banks
The Reserve Bank versus government saga: In search of core solutions – The Economic Times
By Ananth Narayan The last few months have been busy for our financial ecosystem, for the wrong reasons. RBI folks have been busy penning and
Urjit Patel steers clear of questions on govt invoking section 7; here’s what you need to know – The Financial Express
RBI governor Urjit Patel on Tuesday steered clear of questions on whether the Narendra Modi government invoked special powers under the never-used Section 7 of
MPC must prepare for cutting interest rates; risks to core inflation have abated – The Financial Express
External and domestic factors have completely overturned India’s inflation scenario since the October review of monetary policy. International oil prices have nosedived, and quite unpredictably
NPA malaise: Why pursuing a bank merger may not be advisable – The Financial Express
By, Barendra Kumar Bhoi India’s banking system is passing through a critical time due to the overhang of large non-performing assets (NPA). Efforts are being
RBI vs MoF: Pot, kettle & citizens | Business Standard Column
In late October-early November, the Ministry of Finance (MoF) got into a very public spat with the Reserve Bank of India (RBI). Most of us got sucked
RBI: Autonomy and accountability | Business Standard Column
The government has opened up the issue of the relationship between the finance ministry and the RBI. The public criticism by each protagonist about the
Bank defaulters: It is time to shed reservations about naming and shaming | Business Standard Column
The war against bank defaulters in the world’s sixth largest economy has intensified with the Indian government authorising the CEOs of public sector banks to
Why the govt and RBI are at odds over setting up a payments regulator | Business Standard News
On October 19, the Reserve Bank of India released an unusual press release. The press release was a dissent note on a draft report submitted by an inter-ministerial
Lottery under GST to counterfeit note case, here are key court orders | Business Standard News
via Lottery under GST to counterfeit note case, here are key court orders | Business Standard News
Rift with Centre doesn’t challenge RBI’s autonomy: Damodaran – The Hindu BusinessLine
Former SEBI Chairman M Damodaran said the Reserve Bank of India (RBI) continues to be a strong institution and its recent differences with the government does not
Temporary truce – The Hindu BusinessLine
The Centre has not yielded much on its demands in this patch-up with RBI It is a welcome denouement to the public acrimony between the
Retail race – The Hindu BusinessLine
It is not altogether surprising that Indian banks, after burning their fingers on project loans to some of the largest industrial groups, should turn to
Make RBI more consultative, don’t kill its independence – The Financial Express
Fixing RBI’s governance can’t be divorced from doing the same for the country’s economic governance. Economic Affairs secretary Subhash Garg makes a valid point when,
Government and RBI: Moving forward – Basic autonomy of RBI does need to be protected – The Financial Express
RBI does too many things, not all of which make sense from the perspective of its role as a central bank. In my last column
NBFC problem is one of insolvency, not liquidity – The Financial Express
Going by the substantial rollovers and new issuances of commercial paper (CP) by NBFCs, in November so far, there seems to be no crisis. The
RBI: Government may push RBI to lift lending curbs on some banks – The Economic Times
By Vrishti Beniwal and Shruti Srivastava The Indian government will push its central bank to ease lending restrictions for some weak banks and review rules
Government authorises PSU bank chiefs to block wilful defaulters’ exit from India – The Economic Times
PSU bank heads can block wilful defaulters’ exit from India now The government has empowered heads of public sector banks to directly request the authorities for issuance
Government may raise PCA issue again if norms not eased by RBI – The Economic Times
The government is likely to raise the issue of relaxation of prompt corrective action (PCA) framework for stressed banks with the Reserve Bank of India again if
Note-ban impact transient; economy now robust: RBI Governor to Parliamentary panel – The Economic Times
The RBI governor appeared before the panel days after the RBI’s face-off with the finance ministry over a range of issues. In an apparent defence