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RBI-government rift News

Capital surplus

20 Nov 2018

Expert committee to look into issues concerning capital surplus: RBI

Further, the apex bank has been advised to consider a scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs 25 crore, subject to such conditions as are necessary for ensuring financial stability, it added.

20 Nov 2018

Exit mechanism for banks under PCA crucial: Sanjeev Sanyal

Out of the 21 state-owned banks, 11 are under the PCA framework at present.

20 Nov 2018

RBI, govt signal truce; sends contentious issue of surplus to expert panel

The expert committee to be set up will now decide about the adequate size of capital base.

RBI-govt tensions

20 Nov 2018

Easing tensions between RBI, govt positive for INR assets: DBS

INR bonds have retained recent gains but struggled to make further headway.

RBI-government rift

19 Nov 2018

Rahul Gandhi has a `strong message` as crucial RBI meeting with govt begins

The RBI is also expected to consider a special dispensation for MSMEs and NBFCs which have been facing liquidity issues.

RBI-government rift

08 Nov 2018

Modi government trying to capture RBI ahead of LS poll: P Chidambaram

Recently, the government cited never-used before provisions of law that gives it powers to issue directions to the RBI on mattes of public interest to resolve certain issues.

India capital requirements

07 Nov 2018

Indian norms on PCA, capital are conservative, rule-based: SBI Report

It did not call for any relook in the report which comes amid a heated debate between the Government and the RBI over such aspects.

RBI-government rift

07 Nov 2018

Gov vs RBI: Governor Urjit Patel could resign on November 19

The government and the RBI have been fighting for weeks over how much autonomy the RBI should have.

Reserve Bank of India

06 Nov 2018

Play like Dravid, not Sidhu: Raghuram Rajan draws cricketing parallel for RBI

Rajan has defended the central bank`s call for greater autonomy from the government.

02 Nov 2018

RBI vs Govt: IMF says monitoring situation in India; bats for RBI's autonomy

There were reports of mounting tension between the Ministry of Finance and the Reserve Bank of India.

Reserve Bank of India

31 Oct 2018

RBI Governor Urjit Patel may not quit, resignation reports baseless

Sources told Zeebiz that the reports of his resignation are utterly baseless.

Reserve Bank of India

31 Oct 2018

Govt vs RBI: What is Section 7 of the RBI Act?

The alleged rift between the RBI and the government has spilled into the public domain recently.

Reserve Bank of India

31 Oct 2018

Govt-RBI consultations are never made public, says FinMin amid reports of rift

The government statement comes after reports that it has invoked never-before-used powers under Section 7 of the RBI Act.

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