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RBI liquidity shortage

08 Jan 2019

No liquidity shortage at the moment; will take steps if required: Das

Pointing out that liquidity in the system is regularly monitored, Das said the RBI will take steps whenever there is any deficit.

Reserve Bank Governor

19 Dec 2018

RBI Governor Shaktikanta Das meets more PSB heads

Das and the four deputy governors also deliberated on the prompt correction action (PCA) framework with these lenders, said another banker.

12 Dec 2018

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

The Government Tuesday appointed former Economic Affairs Secretary Shaktikanta Das as the new Governor.

Parliamentary panel

17 Apr 2018

Parliamentary panel calls RBI governor to answer queries on bank scams

The Standing Committee on Finance, headed by veteran Congress leader M Veerappa Moily, raised several queries related to the banking sector with Financial Services Secretary Rajiv Kumar.

Reserve Bank Governor

25 Apr 2017

RBI governor suggests merging public sector banks

Reserve Bank Governor Urjit Patel says that merging public sector banks and having fewer of them would be better for the sector and also help deal with problem of non-performing assets (NPA).

Parliamentary panel

23 Mar 2017

Demonetisation: Parliamentary panel to summon Urjit Patel again on April 20

A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks post note ban and the progress made in remonetisation.

11 Feb 2017

Was demonetisation one of the reasons why Raghuram Rajan left?

Former finance minister and senior Congress leader P. Chidambaram on Friday said that a five-page letter speaking against demonetisation was submitted to the Centre by “someone in the Reserve Bank of India” on the day Raghuram Rajan stepped down from the post of Governor of the apex bank.

Reserve Bank Governor

14 Aug 2016

I had felt FCNR Deposits to be an idiotic idea: Raghuram Rajan

Outgoing Reserve Bank Governor Raghuram Rajan on Friday disclosed that idea of raising diaspora deposits, which changed the downward course of the rupee when he took over in September 2013, had come from bankers and he was very sceptical about it given the cost to the exchequer.

Indian economy bright spot

16 Apr 2016

Indian economy like 'one-eyed' king in land of blind: RBI Governor

With India being often described as 'the bright spot in the global economy', Reserve Bank Governor Raghuram Rajan sees this as a case of "the one-eyed man" being king in the land of the blind.

07 Apr 2016

Singapore backs Rajan on coordination among central banks

Singapore Deputy Prime Minister Tharman Shanmugaratnam on Thursday supported Reserve Bank Governor Raghuram Rajan's view calling for coordination among various central banks while formulating their monetary policies.

Reserve Bank of India

14 Feb 2016

RBI to go for 0.25% rate cut on April 5: BofA-ML

The Reserve Bank of India is expected to cut key interest rates by 0.25% at its policy review meet on April 5, a Bank of America Merrill Lynch (BofA-ML) report says.

Retail inflation

01 Dec 2015

Uptick in retail inflation warrants vigilance: RBI

Uptick in retail inflation in the last two months, especially in non-food items, warrants vigilance, Reserve Bank Governor Raghuram Rajan said today.

Reserve Bank Governor

19 Oct 2015

For 9% growth, investments and supplies need to improve: Rajan

Reserve Bank Governor Raghuram Rajan on Monday said the country cannot have a GDP growth of 9 percent until it makes "tremendous investments" and improves supply situation that boosts demand, but warned against populist policies.

Reserve Bank Governor

19 Oct 2015

Rajan slams IMF for 'applauding' easy money policies

He said central banks across the world are worried about deflation and want to promote growth to avert it at any cost.

Reserve Bank Governor

19 Oct 2015

Let's make taxation more transparent, investor-friendly: Rajan

Raghuram Rajan on Monday underlined the need to make taxation more transparent so that the Indian economy is able to attract stable inflow of foreign capital for strong growth.

29 Sep 2015

RBI likely to cut rate by 0.25%, but may flag risks

Reserve Bank Governor Raghuram Rajan is widely expected to cut interest rate on Tuesday by a quarter per cent to a 4-year low to accelerate a sluggish economic recovery, but may underscore concerns over prices in a year when monsoon rains have been deficient.

Reserve Bank Governor

18 Sep 2015

Rajan talks of strong institutions, slams 'jugaad'

Coming down hard on quick fixes like 'jugaad' way of working, Reserve Bank Governor Raghuram Rajan on Friday did some plainspeak, saying the key to sustainable growth is strong institutional mechanisms that allow businesses to flourish.

01 Oct 2014

RBI to up FPI debt investment limit in a steady manner: Rajan

Reserve Bank Governor Raghuram Rajan on Wednesday said the cap on foreign portfolio investments in the government debt will be increased in a "steady" and "measured" manner.

Reserve Bank Governor

05 Sep 2014

Wilful defaulter tag a 'powerful weapon' for creditors: Rajan

Reserve Bank Governor Raghuram Rajan has said the wilful defaulter tag is a powerful weapon in the hands of banks for resolving bad loans.

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