RBI Governor

India's pace of growth to accelerate in 2018-19: RBI governor

India's pace of growth to accelerate in 2018-19: RBI governor

Asserting that the Indian economy turned in a resilient performance in 2017-18, Reserve Bank of India (RBI) Governor Urjit Patel has said the country's growth is expected to accelerate next fiscal. Patel was addressing the International Monetary Finance Committee. "The Indian economy turned in a resilient performance in 2017-18," Patel said.

Apr 22, 2018, 07:34 AM IST
Revealed: Why former RBI governor Raghuram Rajan is not on Twitter

Revealed: Why former RBI governor Raghuram Rajan is not on Twitter

The former RBI chief said that he was not quick to respond to tweets in a few words in 30 seconds.

Mar 23, 2018, 18:55 PM IST
Ready to be 'Neelakantha', drink poison to clean the banking system: RBI Governor Urijit Patel

Ready to be 'Neelakantha', drink poison to clean the banking system: RBI Governor Urijit Patel

RBI Governor Urijit Patel has said that he will do everything possible to clean the scam-hit Indian banking system.

Mar 15, 2018, 07:59 AM IST
RBI governor Urjit Patel breaks silence on PNB scam, seeks more power to deal with bank frauds

RBI governor Urjit Patel breaks silence on PNB scam, seeks more power to deal with bank frauds

His comments come almost a month after India's second largest lender, state-owned Punjab National Bank was allegedly defrauded of around Rs 13,000 crore.

Mar 14, 2018, 21:54 PM IST
Raghuram Rajan at centre of Ravi Subramanian's next thriller

Raghuram Rajan at centre of Ravi Subramanian's next thriller

According to a statement released by the publisher, the novel appears to be set in the backdrop of Prime Minister Narendra Modi`s announcement of demonetisation, the first anniversary of which was recently met with mixed reactions.

Nov 15, 2017, 16:52 PM IST
Parl panel quizzes FinMin officials on note ban impact

Parl panel quizzes FinMin officials on note ban impact

Members expressed concerns over demonetisation's impact on 'Brand India' as the country has now ceased to be the world's fastest growing major economy.

Nov 09, 2017, 17:12 PM IST
Raghuram Rajan ideal candidate to head US Fed: Barron's magazine

Raghuram Rajan ideal candidate to head US Fed: Barron's magazine

Rajan, who at 40 was the first non-western and the youngest to become the chief economist at the International Monetary Fund, shot to big fame three years after he predicted a financial crisis at an annual gathering of economists and bankers in the US in 2005.

Oct 31, 2017, 16:50 PM IST
India should have 5-7 large banks ideally: Arvind Subramanian

India should have 5-7 large banks ideally: Arvind Subramanian

Quoting former RBI Governor Y V Reddy, Subramanian said the aim must be to shrink or narrow the scope of the unviable banks.

Oct 25, 2017, 21:07 PM IST
Growth important, but not at cost of inflation: RBI Governor Urjit Patel

Growth important, but not at cost of inflation: RBI Governor Urjit Patel

The slowdown had sparked some calls for lower interest rates, but with inflation rising the RBI left rates unchanged at a review by the monetary policy committee (MPC) last week.

Oct 09, 2017, 11:22 AM IST
Raghuram Rajan named as possible Nobel Prize winner by Clarivate Analytics

Raghuram Rajan named as possible Nobel Prize winner by Clarivate Analytics

A graduate of the Indian Institute of Technology, Delhi, Rajan served as visiting professor at Stockholm School of Economics and at Kellogg School of Management. 

Oct 07, 2017, 15:37 PM IST
Govt needs to take measures to push growth: C Rangarajan

Govt needs to take measures to push growth: C Rangarajan

The economy needs to grow at 7 per cent in three quarters even to have a growth rate of 6.5 per cent for the year as a whole, the eminent economist said.

Oct 01, 2017, 17:40 PM IST
PSU bank merger should follow balancesheet clean-up: Raghuram Rajan

PSU bank merger should follow balancesheet clean-up: Raghuram Rajan

Mergers of PSU banks should be done only after balancesheets are cleaned up and these are nursed back to health with adequate capitalisation, said former RBI governor Raghuram Rajan.

Sep 12, 2017, 19:19 PM IST

We could have managed liquidity better: Raghuram Rajan

Former RBI Governor Raghuram Rajan has said that in hindsight it appears that the central bank under his governorship could have managed the liquidity in banking system in a better manner on certain occasions.

Sep 11, 2017, 18:14 PM IST
Raghuram Rajan says Chicago university leave wasn't issue in RBI exit

Raghuram Rajan says Chicago university leave wasn't issue in RBI exit

Former RBI Governor Raghuram Rajan has debunked the theory that Chicago University's refusal to extend his leave forced his departure, saying it was never an issue and he wanted to stay longer at the RBI to complete the unfinished task of clean-up of banks.

Sep 10, 2017, 15:45 PM IST

'Pliant' RBI governor loses respect: Raghuram Rajan

Rajan, the first RBI governor not to get a second term in two decades, said certainty of tenure is essential for a central bank chief to perform better.

Sep 08, 2017, 23:42 PM IST

Close down Dept of Financial Services, says Raghuram Raja

Rajan also expressed displeasure at the working of the Banks Board Bureau (BBB), and pitched for having banks run by independent boards and not the finance ministry.

Sep 08, 2017, 23:38 PM IST
Had come back to India to exchange scrapped notes: Rajan

Had come back to India to exchange scrapped notes: Rajan

Former RBI Governor Raghuram Rajan himself had to come back to India to exchange scrapped currency as he had no clue about the demonetisation date, though the process started during his governorship.

Sep 08, 2017, 00:10 AM IST
Had come back to India to exchange scrapped Rs 500 and Rs 1,000 notes: Raghuram Rajan

Had come back to India to exchange scrapped Rs 500 and Rs 1,000 notes: Raghuram Rajan

Former RBI Governor Raghuram Rajan himself had to come back to India to exchange scrapped currency as he had no clue about the demonetisation date, though the process started during his governorship.

Sep 08, 2017, 00:10 AM IST
I may have resigned if note ban was thrust: Raghuram Rajan

I may have resigned if note ban was thrust: Raghuram Rajan

Former RBI Governor Raghuram Rajan said on Thursday that he would have resigned if the demonetisation decision was thrust on him but made it clear that the government can bypass the central bank if it wants to push ahead with such a decision.

Sep 07, 2017, 22:35 PM IST

Better to under-promise and over-achieve: Raghuram Rajan on growth

Rajan, the only central bank governor in two decades who did not get a second term, also seemed to defend his controversial remark of India being a 'one-eyed king in the land of blind', saying GDP expansion slipped in every quarter since that remark in April of last year.

Sep 06, 2017, 00:37 AM IST