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Urjit Patel

New Rs 100 notes bearing RBI’s new governor Shaktikanta Das signature to come soon - All details here

New Rs 100 notes bearing RBI’s new governor Shaktikanta Das signature to come soon - All details here

Wed, Feb 27, 2019

Rs 100 was also among banknotes like new Rs 50, Rs 10 and Rs 500 which has seen a makeover in India’s currency chest since demonetisation drive.

Narendra Modi’s first interview of 2019

Narendra Modi’s first interview of 2019

Tue, Jan 01, 2019

In an interview with ANI on the first day of the New Year, PM Narendra Modi spoke on a range of topics—from the Ram Mandir issue to Pakistan, surgical strikes and 2019 Lok Sabha elections.

PM Modi defends govt on criticism over demonetisation, Urjit Patel's resignation as RBI governor

PM Modi defends govt on criticism over demonetisation, Urjit Patel's resignation as RBI governor

Tue, Jan 01, 2019

Prime Minister Narendra Modi on Wednesday said that the demonetisation drive announced by him on November 8, 2016 was not a shock as the government had warned people having black money a year ago. Responding to criticism over surprise resignation of Urjit Patel as RBI Governor, PM Modi said that the former requested to resign on personal reasons, adding that there was no political pressure on him.

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Dy Governor R Gandhi to look after RBI's monetary policy department

Dy Governor R Gandhi to look after RBI's monetary policy department

Tue, Sep 06, 2016

The Reserve Bank of India (RBI) said on Tuesday it will reallocate the portfolios for its three deputy governors, including shifting the monetary policy, economic policy and research, and financial market operations to R Gandhi.

Hope India will continue to prioritise low inflation, says Raghuram Rajan

Hope India will continue to prioritise low inflation, says Raghuram Rajan

Tue, Sep 06, 2016

Raghuram Rajan, whose tenure as the RBI Governor ended this week, hopes the process of cleaning up Indian banks will be finished and the government will continue to prioritise "low inflation".

Lower rates no substitute for broader policy reforms, Rajan warns once again

Lower rates no substitute for broader policy reforms, Rajan warns once again

Tue, Sep 06, 2016

RBI undertook an asset quality review of banks by issuing blanket orders to classify loans to certain accounts as non-performing assets.

Urjit Patel takes charge as 24th RBI governor

Urjit Patel takes charge as 24th RBI governor

Mon, Sep 05, 2016

Like Rajan, Patel too worked with the International Monetary Fund (IMF).

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

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.

Rajan's last working day: For three years his decisions favoured majority

Rajan's last working day: For three years his decisions favoured majority

Sat, Sep 03, 2016

Friday, September 2, 2016, marked the last working day for Reserve Bank of India Governor Raghuram Rajan. He will step down from the position on Sunday, September 04, and make way for governor-in-waiting Dr Urjit Patel to take his place.

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

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.

India's manufacturing output rises to 13-month high in August

India's manufacturing output rises to 13-month high in August

Thu, Sep 01, 2016

Indian factory activity expanded at its fastest pace since mid-2015 in August, helped by surging new orders, while only modest price increases should give the central bank scope to ease policy further, a survey showed.

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

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.

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

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.

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

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.

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

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.

Will Urjit Patel do what Raghuram Rajan couldn't? Convince banks to cut rates

Will Urjit Patel do what Raghuram Rajan couldn't? Convince banks to cut rates

Sun, Aug 21, 2016

Banks have been reluctant in cutting their lending rates for quite sometime.

Urjit Patel is new RBI chief; here are things you need to know

Urjit Patel is new RBI chief; here are things you need to know

Sat, Aug 20, 2016

He will be the eighth deputy governor to be made the RBI chair, and will be the central bank's 24th governor.

Finance Ministry announces Urjit Patel as next RBI Governor

Finance Ministry announces Urjit Patel as next RBI Governor

Sat, Aug 20, 2016

The long-wait for RBI Governor Raghuram Rajan's successor is over and the Finance Ministry on Saturday announced Urjit Patel as the new governor of the central bank.

Finance Ministry likely to announce Raghuram Rajan's successor today

Finance Ministry likely to announce Raghuram Rajan's successor today

Sat, Aug 20, 2016

The Finance Ministry is likely to announce the next governor of the Reserve Bank of India (RBI) on Saturday. As incumbent RBI Governor Raghuram Rajan's exit date, which falls on September 4 nears, speculations about his successor have been doing the rounds for the past few weeks.

RBI Governor race: SBI's head Arundhati Bhattacharya keeps guesswork alive

RBI Governor race: SBI's head Arundhati Bhattacharya keeps guesswork alive

Fri, Jul 29, 2016

Keeping the guessing game going, SBI Chairperson Arundhati Bhattacharya on Friday stated that her name being considered for RBI Governor's position is media speculation as she is "not saying anything" on it.

Raghuram Rajan's successor likely to be announced after PM Modi's Africa tour

Raghuram Rajan's successor likely to be announced after PM Modi's Africa tour

Tue, Jul 05, 2016

Rajan's three-year term will come to an end on September 4, as he last month announced that he would return to academia and not seek a second term.

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