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The Great Khali dubs impact of demonetisation minor in front of long-term benefits

The Great Khali dubs impact of demonetisation minor in front of long-term benefits

Dalip Singh Rana recently met the Indian Prime Minister and congratulated him for the decision.

Demonetisation: Adequate currency available, banks working in mission mode to take notes to ATMs, says RBI Governor

Demonetisation: Adequate currency available, banks working in mission mode to take notes to ATMs, says RBI Governor

Issuing his first statement since November 8, the day when demonetisation decision was announced by Prime Minister Narendra Modi, Reserve Bank of India (RBI) Governor Urjit Patel broke his silence saying that the Central Bank is monitoring the situation daily.

Note Ban: All India Bank Employees Association demands RBI Governor Urjit Patel's resignation

Note Ban: All India Bank Employees Association demands RBI Governor Urjit Patel's resignation

Holding RBI Governor Urjit Patel responsible for ineffective handling of the crisis post the demonetisation drive, All India Bank Employees Association vice-president Vishwas Utagi on Wednesday said that bank unions are adamant on their demand for the former`s resignations as well as lockdown of the apex bank.

Demonetisation: This is why bank employees are demanding Urjit Patel's resignation

Demonetisation: This is why bank employees are demanding Urjit Patel's resignation

Zee Media Bureau

New Delhi: The All India Bank Officers Confederation has called for the resignation of Reserve Bank of India governor Urjit Patel for being a party to demonetisation, which it claims has brought havoc in economy and in the life of common public

RBI to release high denomination Rs 2000 currency note in 2017?

RBI to release high denomination Rs 2000 currency note in 2017?

Zee Media Bureau

New Delhi: Twitter is abuzz with tweets of pink coloured Rs 2000 note bundles. Some of the posts even claim that the Reserve Bank of India is planning to circulate these high denomination notes in 2017. 

Centre keeps RBI Governor's appointment details wrapped in secrecy

Centre keeps RBI Governor's appointment details wrapped in secrecy

The Centre has declined to share details on appointment of RBI Governor Urjit Patel and other candidates shortlisted for the top post in the central bank saying these are "cabinet papers" and cannot be made public.

Rate cut by Reserve Bank of India a welcome move, says India Inc, urges banks to follow suit

Rate cut by Reserve Bank of India a welcome move, says India Inc, urges banks to follow suit

 

New Delhi: Commending the new rate-setting panel's move to slash key policy rate by 0.25 percent, India Inc today said it will boost sentiment and reinvigorate growth impulses and hoped that banks will transmit the benefit to borrowers.

Urjit Patel takes charge of RBI as new Governor

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Raghuram Rajan warns against low rates worldwide

Raghuram Rajan warns against low rates worldwide

Maharashtra: India`s outgoing Central Bank Chief Raghuram Rajan warned countries against a rush to low interest rates as his tenure as governor of the Reserve Bank of India came to an end. 

Raghuram Rajan: The 'rockstar' central banker who rocked too many boats

Raghuram Rajan: The 'rockstar' central banker who rocked too many boats

As Mint Street readies for a new sheriff, the three-year tenure marked with numerous controversies ended on Sunday for Raghuram Rajan — who sacrificed economics for electrical engineering in college and ended up doing a 'deep surgery' of banks while at RBI.

Urjit Patel checks in at RBI to complete Rajan's 'deep surgery'

Urjit Patel checks in at RBI to complete Rajan's 'deep surgery'

Urjit Patel, the new Governor of RBI who has maintained a contrasting low-profile to outspoken and rockstar-like Raghuram Rajan, has his immediate task cut out -- finishing the 'unfinished agenda' of his predecessor on completing 'deep surgery' of banks and winning the war on inflation.

Macro data, quarterly results to influence trading this week

Macro data, quarterly results to influence trading this week

Stock markets would take cues from the monthly data announcement of the country's services sector, global trends and quarterly numbers of bluechips ONGC, Gail and Coal India in a holiday-shortened week ahead, say experts.

Raghuram Rajan demits office as RBI Governor today

Raghuram Rajan demits office as RBI Governor today

Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan demitted office on Sunday, when he hands over charge to Deputy Governor Urjit Patel.

Finance Ministry hosts farewell dinner for Raghuram Rajan

Finance Ministry hosts farewell dinner for Raghuram Rajan

The dinner was attended by Finance Minister Arun Jaitely along with other senior officials of the ministry.

There is no free lunch: Rajan on special dividend to govt

There is no free lunch: Rajan on special dividend to govt

Outgoing RBI Governor Raghuram Rajan on Saturday rejected the idea of the government taking a special dividend from the central bank for recapitalisation of public sector lenders, saying 'there is no free lunch'.

FCNR bonds were 'least bad' option to raise dollars: Rajan

RBI Governor Raghuram Rajan on Saturday said that he chose the "least bad" option of raising forex through FCNR(B) scheme three years ago, but it had helped in strengthening the rupee and stabilising the currency market.

'Raghuram Rajan the communicator had the last laugh with market'

'Raghuram Rajan the communicator had the last laugh with market'

As an excellent listener and communicator, the outgoing RBI Governor Raghuram Rajan used all the modes of communication to stop the market from running ahead and got it open-mouthed instead, says a report.

Was willing to stay but could not reach agreement: Raghuram Rajan

Was willing to stay but could not reach agreement: Raghuram Rajan

The former IMF chief economist said he wanted a second term at the central bank to complete the unfinished task "but just didn't reach an agreement" with the government on that.

Swamy hits out at Rajan again, says FCNR redemption of $24 billion a 'time bomb'

Swamy hits out at Rajan again, says FCNR redemption of $24 billion a 'time bomb'

BJP MP Subramanian Swamy on Thursday termed the USD 24 billion redemptions due to foreign investors this month as a "time bomb" and said the Finance Ministry has to cough up the amount guaranteed by RBI Governor Raghuram Rajan.

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.