RBI governor

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

Thu, Jan 18, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.

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RBI Governor Shaktikanta Das Responds to Zee Business Queries After Monetary Policy: Key Highlights

Fri, Dec 08, 2023

See RBI Governor Shaktikanta Das's answer to Zee Business's question. See what the RBI Governor said...

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RBI's revised guidelines on bad loans will sustain improvement in credit culture: Shaktikanta Das

Sat, Jun 08, 2019

The revised framework for resolving stressed assets by offering lenders a 30-day period to label an account an NPA but has withdrawn all other resolution methods.

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RBI Governor meets Jaitley before monetary policy review

Sat, Jul 29, 2017

The six-member monetary policy committee (MPC) of the RBI headed by Patel will meet on August 1-2 in Mumbai for the third bi-monthly policy review of the fiscal in the backdrop of latest macro data strengthening the case for an interest rate cut by the central bank.

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Four reasons RBI Governor Urjit Patel gave for not counting demonetised notes

Thu, Jul 13, 2017

RBI Governor Urjit Patel listed these reasons for not being able to decipher how many illegal notes have come back to the central bank.  

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Deposited demonetised notes still being counted: RBI Governor

Thu, Jul 13, 2017

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Urjit Patel meets Finance Ministry officials to discuss NPA resolution issues

Fri, May 12, 2017

Besides RBI governor, Financial Services Secretary, other senior officials of finance ministry and RBI were present in the meeting.

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RBI Governor not happy with loan waiver of UP government

Fri, Apr 07, 2017

RBI Governor not happy with loan waiver of UP government. Watch the full segment for more details.

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Need to 'take care' of stable macroeconomic parameters, says Urjit Patel

Fri, Feb 17, 2017

The RBI needs to ensure that the hard earned gains with regard to macro-economic stability are maintained and able to withstand global financial volatility, said Governor Urjit Patel in an interview to CNBC-TV18 news channel.

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RBI governor says looking beyond muted headline inflation

Fri, Feb 17, 2017

The RBI governor said it needs to look beyond recent muted headline inflation figures and focus on trends in core inflation, which excludes more volatile food and fuel prices. Recent declines in vegetable prices could be short lived, Urjit Patel said in an interview with CNBC TV18.

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India India Inc says monetary policy disappoints with no rate cut

Wed, Feb 08, 2017

The Monetary Policy Committee ‘surprised the markets with a pause,’ was one way India Inc described the Reserve Bank of India’s decision to maintain status quo on interest rates on Wednesday at 6.25%.

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Monetary Policy: Five reasons why RBI did not cut interest rates

Wed, Feb 08, 2017

In its sixth bi-monthly monetary policy the Reserve Bank of India (RBI) did not cut interest rates for the fifth month in a row on Wednesday. Here are a few reasons why RBI maintained status quo: 1. RBI expects inflation stickiness as broadly ‘discernible’

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Demonetisation, Budget upshot: Should RBI cut interest rates today?

Wed, Feb 08, 2017

As the Reserve Bank of India (RBI) gears up to declare its sixth bi-monthly policy for the financial year 2016-17, the debate arises as to post demonetisation and the Union Budget FY1,8 what should the RBI do in terms of repo or interest rates.

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RBI Guv Urjit Patel to appear before parliamentary panel today

Wed, Jan 18, 2017

On December 30, the PAC had sent 10 questions to Patel where the  parliamentary panel has asked the RBI Governor why he should not be prosecuted.

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Govt keeps inflation pressure at bay in 2016, but hiccups loom

Mon, Jan 02, 2017

In spite of a smooth transition to a new inflation-targeting mechanism, crude price rearing its ugly head is a grim reminder that it will be a tough job ahead to keep retail price increase at the 2016 level of around 5 %.

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Demonetisation chaos: Urjit Patel should resign, bank union chief demands

Mon, Nov 21, 2016

The head of All India Bank Officer’s Confederation, D Thomas Franco, on Monday called for the resignation of Reserve Bank of India (RBI) governor, Urjit Patel, on moral grounds.  

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Rajan bats for independent central bank in his last speech as RBI Governor

Sat, Sep 03, 2016

Good afternoon. It is great to be invited to speak at St. Stephens College. In 1980, I toyed with the idea of joining my best friends in applying for admission to the BA in Economics here.

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Was willing to stay bit longer, but could not reach agreement with Govt: Raghuram Rajan

Fri, Sep 02, 2016

Days before leaving Reserve Bank of India (RBI), outgoing Governor Raghuram Rajan on Thursday said he was willing to stay a bit longer but could not reach the "right kind of agreement" with the government on extension of his tenure.

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Separate agency for public debt will cost govt dearly: RBI union

Sun, Aug 28, 2016

Ahead of Urjit Patel taking over as the new Governor, Reserve Bank employee unions have appealed to Parliament members and state finance ministers to prevent the proposed Public Debt Management Agency (PDMA), saying that moving the function will cost the government dearly.

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RBI Governor Raghuram Rajan welcomes appointment of Urjit Patel as his successor

Fri, Aug 26, 2016

Reserve Bank of India (RBI) Governor Raghuram Rajan welcomed the appointment of Urjit Patel as his successor, saying it would ensure continuity in meeting the country`s inflation objectives.

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What will be RBI's stance on key issues under Urjit Patel's leadership?

Mon, Aug 22, 2016

Patel's stance on policy can be predicted from his views on issues like inflation, fiscal policy, market reforms and asset quality. 

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Urjit Patel fails to bring cheer to markets; end down 90 points

Mon, Aug 22, 2016

Indian shares fell on Monday as state-owned lenders retreated after Urjit Patel was named as the next central bank governor, which was seen as reducing the prospect of rate cuts in the near term and as continuing a push to aggressively clean up bad debt.  

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Investors discount new RBI Governor announcement; indices weak

Mon, Aug 22, 2016

The government picked RBI deputy governor Urijit Patel as the new Reserve Bank of India (RBI) governor to replace Raghuram Rajan when he steps down from office on September 4. 

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