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Urjit Patel's name cleared for RBI Deputy Governor post

Last Updated: Wednesday, January 02, 2013, 19:27

Patel is at present a non-resident senior fellow at the Brookings Institution, a US-based think-tank. He is also a consultant to the Boston Consulting Group.

Gokarn retires, monetary policy dept under Guv Subbarao

Last Updated: Tuesday, January 01, 2013, 23:04

RBI Governor D Subbarao will now be directly in-charge of the monetary policy department which was under Deputy Governor Subir Gokarn who has retired.

Corporate bond market key to infra financing: Gokarn

Last Updated: Saturday, December 22, 2012, 16:48

Reserve Bank Deputy Governor Subir Gokarn on Saturday said there is need for a vibrant corporate bond market for financing infrastructure projects.

Rupee rise, softening commodity prices to help ease rates: Gokarn

Last Updated: Tuesday, December 18, 2012, 20:17

RBI Deputy Governor Subir Gokarn Tuesday said the appreciation of the rupee and softening of commodity prices will give the central bank more leg-room to ease the monetary regime going forward.

Rising wages offsetting inflation pinch: Gokarn

Last Updated: Sunday, December 09, 2012, 16:24

To tame inflation, the Reserve Bank since March 2010 has announced 13 consecutive rate hikes. However, inflation is still above the RBI's 5 percent comfort levels.

Inflation remains primary concern for RBI: Gokarn

Last Updated: Saturday, December 08, 2012, 17:45

His comments come amid growth in the second quarter falling to 5.3 percent in July-September period, triggering demands for a rate cut by the RBI to boost the economy.

RBI to take steps to address any liquidity deficit: Gokarn

Last Updated: Friday, December 07, 2012, 17:25

The Reserve Bank would take steps to address the liquidity deficit in the banking system, if required, its Deputy Governor Subir Gokarn said Friday.

Fiscal deficit may touch 5.5% this year: Gokarn

Last Updated: Tuesday, December 04, 2012, 00:17

Reserve Bank Deputy Governor Subir Gokarn Monday said the fiscal deficit is likely to be around 5.5 percent of the GDP this financial year, which is creating stress on the inflation front.

Gokarn for dematerialisation to arrest rising gold demand

Last Updated: Sunday, November 25, 2012, 18:48

Reserve Bank Deputy Governor Subir Gokarn on Sunday said there is a need to "dematerialise" gold like any other financial product to reduce its physical imports, the rise of which has been blamed for the high current account deficit that is feared to touch new record high this year.

Subir Gokarn gets extension till Dec 31

Last Updated: Wednesday, November 21, 2012, 19:35

His term was due to end on November 24. He was appointed in November 2009 for a period of three years.

No target or band set for rupee: Gokarn

Last Updated: Monday, November 19, 2012, 20:23

Reserve Bank will intervene in the forex market only to curb excessive volatility in exchange rate but stated there is no target set for rupee, deputy governor Subir Gokarn said here Monday.

RBI aiming to ensure gold lending risks are controlled: Gokarn

Last Updated: Wednesday, October 03, 2012, 19:39

In major steps, RBI had asked banks to reduce exposure to NBFCs giving loan against the precious metal and set up a working group to suggest ways to deal with the issue.