RBI Governor Urjit Patel on Monday wondered where would giant US corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from abroad.
Two days after the Uttar Pradesh government cleared a proposal to waive off crop loans totalling Rs 36,359-crore, the Reserve Bank of India (RBI) today frowned upon it, terming it as a ‘moral hazard’.
At its last policy review in February, while holding rates at 6.25 per cent, the central bank had changed its policy stance from ‘accommodative’ to ‘neutral’.
The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its two-day meeting yesterday here, with experts saying that the central bank is likely to hold the rates in view of hardening inflation.
RBI Governor Urjit Patel and his deputies have got a big pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively.
A Parliamentary Panel has decided to summon Reserve Bank of India Governor Urjit Patel again to ascertain how much of the junked currency has been deposited in banks post note ban. The meeting of the
A 37-year-old man was detained by Nagpur police for allegedly sending a threat mail to Reserve Bank of India Governor Urjit Patel asking him to quit the job, police said on Sunday. The RBI governor
The newly launched Rs 2,000 notes were signed by Urjit Patel when his predecessor Raghuram Rajan was still the RBI governor, according to a report in Hindustan Times.
Reserve Bank of India (RBI) Governor Urjit Patel on Saturday exhorted banks to reduce their lending rates to push credit demand in laggard segments, saying banks have benefited from influx of low-cost deposits and its
RBI today decided to set up an inter-disciplinary panel on cyber security to examine various threats and suggest measures to deal with it.
For the second time in a row, the Reserve Bank of India (RBI) today kept its key lending rate unchanged at 6.25 per cent at its sixth and final monetary policy review for 2016-17.
Reserve Bank of India (RBI) Governor Urjit Patel today said that the cash flow in the country will soon be as normal as before. Patel, according to sources, said this before the Public Accounts Committee
RBI Governor Urjit Patel on Wednesday appeared before a parliamentary committee to answer questions on demonetisation issue but was saved by former PM Manmohan Singh from possible grilling.
Reserve Bank of India (RBI) Governor Urjit Patel will today present himself before the Parliament’s Standing Committee on Finance to face questions on the demonetisation drive.
A day after the employee unions of the Reserve Bank of India expressed their resentment against alleged interference of the government in the central bank's affairs, the Finance Ministry today said that it fully respects
Staging a protest against operational “mismanagement” post demonetisation decision, the Reserve Bank of India (RBI) officials on Friday wrote to Governor Urjit Patel. In a letter, they said autonomy and image of RBI has been
The Reserve Bank of India (RBI) has refused to answer certain questions on ‘demonetisation’ citing danger to life and national security, according to a media report.
RBI Governor Urjit Patel today said the demonetisation exercise will have "far reaching changes" towards a transformative effect on the economy going forward, despite some short-term disruptions and "public hardship".
Former Finance Minister P Chidambaram today said the new RBI cap on deposits of has left the poor and middle class high and dry and termed it as a desperate measures of a desperate government.
Reserve Bank Governor Urjit Patel will brief the Parliamentary Committee on Finance about the demonetisation process and its impact on Thursday. “Briefing by the governor, RBI, on the subject ‘Demonetisation of Indian currency notes of
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