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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.

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.

RBI Governor Raghuram Rajan terms attacks on him 'abominable', says was open to extension

RBI Governor Raghuram Rajan terms attacks on him 'abominable', says was open to extension

Rajan said however that he was never worried about reappointment or a future career in government and did the best in the interest of the country and he was the "best team player".

Raghuram Rajan keeps rates intact; blasts banks for being stingy on cuts

Raghuram Rajan keeps rates intact; blasts banks for being stingy on cuts

In the third bi-monthly policy review of this fiscal, RBI kept the benchmark repurchase rate (at which RBI lends to the system) at 5-year low of 6.50 percent.

Raghuram Rajan presented his last RBI policy, no rate cut made

Raghuram Rajan presented his last RBI policy, no rate cut made. Watch complete news story of Top 10 Market News for getting detailed updates!

Sensex falls 97 points, Nifty below 8,700-mark post RBI policy review

Sensex falls 97 points, Nifty below 8,700-mark post RBI policy review

The 30-share index declined by 97.41 points, or 0.35 percent, to 28,085.16 after shuttling between 28,289.96 and 27,956.77.

Had fantastic tenure; results to be visible in 5-6 years: Raghuram Rajan

Had fantastic tenure; results to be visible in 5-6 years: Raghuram Rajan

Terming his tenure as "fantastic", RBI Governor Raghuram Rajan on Tuesday said snap judgements by critics do not matter as he has made useful contributions and the results will visible in the next 5-6 years.

Vallabh Bhansali's overview on credit policy

Vallabh Bhansali's overview on credit policy. Watch this special segment and get to know more here.

Rajan may keep rate static in his last monetary policy tomorrow

Rajan may keep rate static in his last monetary policy tomorrow

Reserve Bank Governor Raghuram Rajan in his last monetary policy on Tuesday may keep interest rate static as retail inflation continues to be above the comfort zone.

Raghuram Rajan calls on Jaitley ahead of monetary policy

Reserve Bank Governor Raghuram Rajan on Friday called on Finance Minister Arun Jaitley and is believed to have discussed the macroeconomic situation ahead of his last monetary policy review on Tuesday.

RBI may hold rates on Aug 9, FY17 growth likely at 7.4%: UBS

RBI may hold rates on Aug 9, FY17 growth likely at 7.4%: UBS

Indian economy is expected to clock a growth of 7.4 percent this fiscal, and on the policy front, the Reserve Bank is likely to leave key rates unchanged at its August meet, says a UBS report.

 

RBI may go for status quo in Aug 9 meet: DBS

RBI may go for status quo in Aug 9 meet: DBS

RBI may keep the key interest rates on hold in the upcoming policy meet as inflation for the second quarter has hastened to 5.7 percent and July-August prints may also stay high.

RBI to keep rates unchanged in August 9 policy: ICRA

RBI to keep rates unchanged in August 9 policy: ICRA

ICRA on Friday said RBI is unlikely to cut policy rates in its upcoming monetary policy review on August 9, but a 0.25 percent cut is on cards in 2016.

0.50% cut in policy rate by March quarter: Morgan Stanley

0.50% cut in policy rate by March quarter: Morgan Stanley

Inflation in India is expected to fall to 4.5 percent by the quarter ended March 31, and this in turn would give Reserve Bank space to cut key policy rates by 50 basis points this fiscal, says a Morgan Stanley report.

RBI to cut rates by 0.25% on Aug 9 if rains damp pulse price

RBI to cut rates by 0.25% on Aug 9 if rains damp pulse price

The Reserve Bank is expected to cut key interest rates by 25 basis points in its policy review meet on August 9, if good rains damp pulse price inflation, says a Bank of America Merrill Lynch (BofA-ML) report.

Expect 0.5% cut in policy rate by March: Morgan Stanley

Expect 0.5% cut in policy rate by March: Morgan Stanley

Inflation in India is expected to fall to 4.5 percent by next March, giving the Reserve Bank space to cut key policy rates by 50 basis points in the current fiscal, says a Morgan Stanley report.

High retail inflation diminishes rate cut hopes

High retail inflation diminishes rate cut hopes

Soaring food prices drove India`s headline inflation to its highest level in nearly two years in June, increasing the odds of the central bank keeping interest rates on hold next month.

 

Unsure if monetary policy panel to set rates in August: Raghuram Rajan

Unsure if monetary policy panel to set rates in August: Raghuram Rajan

The process to set up India`s monetary policy committee is ongoing and it is not clear if it will get to set interest rates at the central bank`s next policy review on Aug. 9, Reserve Bank of India (RBI) Governor Raghuram Rajan said according to TV channels.

Raghuram Rajan says NPAs, not higher rates, behind low credit growth

Raghuram Rajan says NPAs, not higher rates, behind low credit growth

Taking on critics of his monetary policy, Reserve Bank Governor Raghuram Rajan on Wednesday blamed the record low credit growth to the stress in public sector banks and not due to high interest rates.