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RBI to cut rates by mid-year - Reuters poll

The Reserve Bank of India (RBI) will change its stance to "neutral" and could cut interest rates in June at the latest, according to a Reuters poll of economists.  A month ago, economists predicted..
FXstreet.com - Published

Business groups urge RBI to cut interest rate by at least half a percentage point, lower cash reserve ratio

RBI Governor Shaktikanta Das, who took charge last month after the sudden exit of Urjit Patel, was presented with the requests when he met industry captains in Mumbai ahead of the next monetary policy..
Firstpost - Published

Videos for "Urjit Patel"

Stocks Up Slightly On U.S.-China Talks [Video]Stocks Up Slightly On U.S.-China Talks  00:44

SYDNEY (Reuters) - Chinese shares pulled ahead on Tuesday after Beijing confirmed it was still in trade talks with the United States, though sentiment remained fragile in Asia as the pound wallowed..

Wochit Business - Published

News Bulletin : Urjit Patel | Farooq Abdullah| Arvind Kejriwal| Kuldeep Yadav Record| वनइंडि [Video]News Bulletin : Urjit Patel | Farooq Abdullah| Arvind Kejriwal| Kuldeep Yadav Record| वनइंडि  03:58

Urjit Patel, Farooq Abdullah, Arvind Kejriwal, Kuldeep Yadav Record. RBI Governor Urjit Patel will on Tuesday attend Parliamentary standing committee meeting. The agenda of the meeting is to discuss..

Rumble - Published

 

Bimal Jalan panel holds first meet to examine reserve size of RBI, dividend to be given to govt; report likely in April

The government and the RBI under previous governor Urjit Patel had been at loggerheads over the Rs 9.6 lakh crore surplus capital with the central bank.
Firstpost - Published

Parliamentary panel asks RBI to ease rules on capital requirements for banks to increase lending

Former RBI governor Urjit Patel opposed the government's demand for lowering capital requirements and warned about the need for a cushion to offset unexpected risks
Firstpost - Published

Urjit Patel deploys ultimate weapon in battle for RBI's autonomy and credibility; puts Modi govt in tough spot

Resignation is the ultimate weapon in the arsenal of any top technocrat. Reserve Bank of India (RBI) governor Urjit Patel has used it and, certainly, for a compelling reason
Firstpost - Published

DNA Edit - Easing credit: Government and the RBI are on the same page

This decision, at one stroke, makes it clear that the battle of attrition between the government and the RBI, which had an important role to play in the exit of former RBI Governor Urjit Patel, has..
DNA - Published

Urjit Patel resigned due to personal reasons, spoke of quitting for 6-7 months, claims Narendra Modi in New Year interview

Urjit Patel stepped down as RBI governor because of personal reasons and had been telling the prime minister for some time about his decision to resign, said Modi.
Firstpost - Published

‘Urjit had been wanting to quit for past 6-7 mnths’

Former Reserve Bank of India (RBI) governor Urjit Patel stepped down due to personal reasons and had been telling the PM about his intention to quit for the past 6-7 months, Prime Minister Narendra..
IndiaTimes - Published

Prime Minister Narendra Modi clarifies on RBI Governor Urjit Patel's resignation

In the first interaction, the PM gave to a news-agency, he refutes the angle of political pressures for the governor's resignation.
Sify - Published

Urjit Patel spoke of resignation for months: PM


IndiaTimes - Published

Demonetization wasn't a jhatka, had warned people a year in advance: PM Modi

In an extensive interview with ANI, PM Modi spoke about a wide range of topics including his relationship with Lutyens' Delhi, upcoming 2019 electoral battle, the Rafale deal, Shiv Sena's tantrums, the..
DNA - Published

Middle-class aspirations have been addressed: PM Modi hits out at critics

In an extensive interview with ANI, PM Modi spoke about a wide range of topics including his relationship with Lutyens' Delhi, upcoming 2019 electoral battle, the Rafale deal, Shiv Sena's tantrums, the..
DNA - Published

Urjit Patel spoke of resignation for months, there was no pressure on him: PM Narendra Modi

PM Modi spoke on a wide range of issues and shared his vision for the country, while reiterating his government's commitment to ''Sabka Saath, Sabha Vikas.''   
Zee News - Published

Urjit Patel resigned for personal reasons, no question of political pressure: PM Modi

Modi said that Patel had personally written to him several months ago about wanting to resign, citing personal reasons.
Zee News - Published

Urjit Patel wanted to resign for past 6-7 months due to personal reasons: PM Modi

PM Modi said that no pressure was put on Urjit Patel to resign.
DNA - Published

RBI governor wanted to step down months before resignation: Modi

Former Reserve Bank of India (RBI) governor Urjit Patel had personally written to Prime Minister Narendra Modi about wanting to resign, citing personal reasons, several months before stepping down from..
Reuters India - Published

'Something sinister in Urjit Patel's exit'?

'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.''Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his..
Rediff.com - Published

The year in four faces

Urjit Patel, Binny Bansal, Nirav Modi and Rahul Gandhi personify the big trends that defined 2018. Well, almost...
Rediff.com - Published

Not dissatisfied with RBI, says Arun Jaitley

“No, madam,” Jaitley said to a question whether the government is not satisfied about the functioning of the RBI. The government and the RBI under the previous governor Urjit Patel were at..
IndiaTimes - Published

PCA-banks see slower bad debt growth: RBI

The RBI’s PCA imposes restrictions on lending and some other operations for banks that have been put under this framework, some of which had become contentious issues between the central bank and the..
IndiaTimes - Published

Patel's exit, Das's entry: The Inside Stories

When did Urjit Patel really resign?When did Shaktikanta Das get the mandate to take over as RBI governor?
Rediff.com - Published

Govt-RBI relationship like of 'husband-wife', says Ex-PM Manmohan Singh

The comments came against the backdrop of Urjit Patel resigning as RBI Governor earlier this month.
Zee News - Published Also reported by •DNA

Arun Jaitley says govt did not ask for Urjit Patel's resignation; 'do not need a single penny from RBI's capital reserves'

Arun Jaitley said the government never sought the resignation of Urjit Patel as Governor of the Reserve Bank of India over differences in handling liquidity stress in certain sectors.
Firstpost - Published

Govt did not ask for Urjit Patel's resignation as RBI Governor, says Arun Jaitley

After Patel's resignation, the government appointed former bureaucrat Shaktikanta Das as the Governor of RBI.
Zee News - Published Also reported by •DNA

Govt tussle with RBI could undermine financial stability; Urjit Patel's exit from central bank credit negative: S&P

Terming the exit of Urjit Patel as credit negative, S&P Global Ratings said the increasing involvement of the government in the affairs of the RBI could undermine the hard-fought improvements in..
Firstpost - Published

Bombay High Court grants interim stay on CIC orders to RBI on wilful loan defaulter list

A division bench of Justices B P Dharmadhikari and S V Kotwal also stayed a show cause notice issued on 2 November this year by the CIC to former RBI governor Urjit Patel for non-disclosure of the..
Firstpost - Published

Board agrees to further examine RBI governance framework in crucial meeting

This is the first board meeting chaired by Das, who took over as the 25th governor Wednesday after the surprise resignation of Urjit Patel Monday.
Zee News - Published

RBI board meet: Central bank under new governor Shaktikanta Das discusses liquidity, funding challenges

The central board also placed on record its appreciation of the valuable services rendered by Urjit Patel during his tenure as governor and deputy governor of the bank, RBI said.
Firstpost - Published

Arun Jaitley admits to issues with RBI on credit flow, liquidity as govt under fire for Urjit Patel's sudden exit

Though Jaitley did not explicitly mention it, the discussions he was alluding to were under Section 7 of the RBI Act, through which the government of the day can force down certain policies for the..
Firstpost - Published

'Indira Gandhi 2.0' - RBI coup a sign of Modi's authoritarian ways

When Reserve Bank of India (RBI) governor Urjit Patel abruptly resigned on Monday, it stunned many people in government and business circles.
Reuters India - Published

Differences either get settled or Governors make way: Jaitley

Admitting to differences with Urjit Patel, who quit as RBI Governor, Finance Minister Arun Jaitley on Thursday said the government is the sovereign body for managing the economy and RBI Governors have..
Sify - Published

Modi government thinks it owns RBI, says Chidambaram

Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term, former Union Finance Minister P. Chidambaram on Thursday said..
Sify - Published

Led by Arun Jaitley, Modi ministers blast RBI functioning under Urjit Patel

The counter was led by finance minister Arun Jaitley himself, who, while admitting that government has issues with the central bank on credit flow and liquidity, said government has began "discussions"..
IndiaTimes - Published

Arun Jaitley admits to 2-3 areas of differences between Centre and RBI

Under attack politically for creating circumstances that led to the resignation of Urjit Patel as the central bank's Governor, Jaitley listed out a string of actions initiated by past governments..
DNA - Published

RBI is part and parcel of govt; central bank has to share economic vision of Centre: Union minister Nitin Gadkari

The comments come days after the past RBI governor Urjit Patel suddenly resigned in protest following a host of issues with the government, including those on autonomy and its operational integrity
Firstpost - Published

RBI is part and parcel of government: Gadkari

The comments come days after the past governor Urjit Patel suddenly resigned in protest following a host of issues with the government, including those on autonomy and its operational integrity, and..
IndiaTimes - Published

New RBI guv Shaktikanta Das to steer first central board meet on Friday

This schedule meeting comes in the backdrop of surprise resignation by Urjit Patel earlier this week citing personal reasons. However, the tussle between the finance ministry and RBI was attributed as..
IndiaTimes - Published

Urjit Patel's resignation highlights risks to RBI's policy priorities: Fitch

Fitch Ratings Wednesday said the abrupt resignation of Urjit Patel as Reserve Bank Governor highlights the risks to RBI's policy priorities, and increased government influence on the central bank could..
DNA - Published

Arvind Panagariya: Urjit Patel's unfinished job


IndiaTimes - Published

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