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RBI Governor went with majority view on status quo in Aug meet

RBI Governor went with majority view on status quo in Aug meet

Reserve Bank Governor Raghuram Rajan, in his last monetary policy review on August 9, sided with four of the five members of the Technical Advisory Committee that recommended to leave interest rates on hold, citing sticky inflationary tendency.

 

India to grow at 7.6% in FY'17, GST to boost trade, investment: RBI

India to grow at 7.6% in FY'17, GST to boost trade, investment: RBI

The RBI said GST implementation will boost trade, investment and growth by reducing supply chain rigidities, encouraging scale economies, cutting down transportation and transaction costs, as also promoting efficiency gains.

RBI calls for ownership change of companies with sticky loan accounts

RBI calls for ownership change of companies with sticky loan accounts

Reserve Bank of India (RBI) Governor Raghuram Rajan on Monday called for ushering new owners or managers for companies whose loans accounts have gone sticky, to improve their operational efficiency.

Rate cut possible only if inflation eases: Raghuram Rajan

Rate cut possible only if inflation eases: Raghuram Rajan

Retail inflation shot up to nearly 2-year high of 6.07 percent, while the one based on wholesale prices soared to a 23-month high of 3.55 percent in July.

New RBI chief Urjit Patel's policies to broadly echo Raghuram Rajan's: Poll

New RBI chief Urjit Patel's policies to broadly echo Raghuram Rajan's: Poll

Indian monetary policy is likely to stay broadly unchanged when Urjit Patel takes over as Reserve Bank of India governor, according to a Reuters poll, but his approach to cleaning up public banks` bad debts could be less stringent.

RBI wants to liberalise while strengthening bond markets: Raghuram Rajan

RBI wants to liberalise while strengthening bond markets: Raghuram Rajan

Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said that the central bank aims to go for liberalisation while strengthening the bond market.

RBI Governor Raghuram Rajan welcomes appointment of Urjit Patel as his successor

RBI Governor Raghuram Rajan welcomes appointment of Urjit Patel as his successor

Reserve Bank of India (RBI) Governor Raghuram Rajan welcomed the appointment of Urjit Patel as his successor, saying it would ensure continuity in meeting the country`s inflation objectives.

RBI lets banks issue masala bonds, to accept corporate bonds in LAF

RBI lets banks issue masala bonds, to accept corporate bonds in LAF

Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing lenders to issue 'masala bonds' and to accept corporate bonds under the liquidity adjustment facility (LAF).

Raghuram Rajan, Arvind Subramanian 'foisted' on India by Americans: Swamy

Raghuram Rajan, Arvind Subramanian 'foisted' on India by Americans: Swamy

BJP MP Subramanian Swamy on Thursday continued with jibes at RBI Governor Raghuram Rajan and Chief Economic Adviser Arvind Subramanian, calling them "micro minded" management degree holders "foisted" by America.

Urjit Patel as new RBI head to ensure continuity: Mundra

Urjit Patel as new RBI head to ensure continuity: Mundra

The appointment of Urjit Patel as 24th Governor of the Reserve Bank will ensure continuity of policy as he has been incharge of the monetary policy, RBI Deputy Governor S S Mundra said Tuesday.

No bubble in retail loans: SBI chief Arundhati Bhattacharya on Raghuram Rajan remarks

No bubble in retail loans: SBI chief Arundhati Bhattacharya on Raghuram Rajan remarks

Within days of Reserve Bank Governor Raghuram Rajan expressing concerns on banks' aggressive retail play at the cost of infra financing, SBI Chairman Arundhati Bhattacharya Monday said there is no bubble-like situation in the consumer lending segment.

How much energy market will get from Urjit Patel

Urjit Patel appointed as the new RBI Governor; replaces Raghuram Rajan. to know more watch the full headlines.

Naming of new RBI chief shows Modi government regains composure after Rajan shock

Raghuram Rajan`s abrupt announcement of his departure as governor of the Reserve Bank of India came as a nasty surprise to many, especially his fans in the investment community, but the way Urjit Patel was chosen as his successor has been anything but.

Urjit Patel as RBI Governor indicates policy continuity: Nomura

Urjit Patel as RBI Governor indicates policy continuity: Nomura

The appointment of Urjit Patel as the next RBI Governor signals government's preference for policy continuity and commitment to low inflation, says Japanese financial services major Nomura.

Did Urjit Patel's hawkish stance on inflation win him top job at RBI?

Did Urjit Patel's hawkish stance on inflation win him top job at RBI?

Archana Khatri Das

New Delhi: Urjit Patel's appointment as the next Reserve Bank of India chief did not come as a surprise. He was always seen as one of the prominent contenders for filling in Rajan's shoes.

After Raghuram's Rajan Raaga, it's Urjit's Patel Rap at RBI

After Raghuram's Rajan Raaga, it's Urjit's Patel Rap at RBI

As the Mint Street readies for a new sheriff, industry and markets want much more than a change in the quintessential signature on currency notes when a soft-spoken but effective Urjit Patel takes over from an outspoken and rockstar-like Raghuram Rajan.

New RBI Governor Urjit Patel's arduous task: Getting banks to lower rates

New RBI Governor Urjit Patel's arduous task: Getting banks to lower rates

One of the biggest challenges for India`s incoming central bank chief is a problem he and his predecessor have long grappled with - how to spur stubborn state banks to cut borrowing costs more aggressively to boost the economy.

Bankers welcome Raghuram Rajan's successor Urjit Patel

Bankers welcome Raghuram Rajan's successor Urjit Patel

Banking industry captains on Saturday welcomed Urjit R. Patel as Raghuram Rajan`s successor at the Reserve Bank of India (RBI).

 It will be idiotic to attack Urjit Patel: Subramanian Swamy

It will be idiotic to attack Urjit Patel: Subramanian Swamy

Urjit Patel's appointment as new RBI Governor appeared to have support of BJP MP Subramanian Swamy who had launched a series of attacks against the outgoing Governor Raghuram Rajan.

Here is all you should know about new RBI Governor Urjit Patel

Here is all you should know about new RBI Governor Urjit Patel

Urjit Patel has become the eighth Deputy Governor in Reserve Bank's history to be made its Governor and the sixth with an experience at the International Monetary Fund (IMF).​