Reserve Bank of India
Timeline: Rana Kapoor led Yes Bank gets new CEO; check how the events unfolded amid tussle with RBI
Fri, Nov 23, 2018
Yes Bank Ltd, India`s fifth largest private-sector lender by assets, has today got a new CEO in Ravneet Gill. The bank has had a tumultuous couple of months since the country`s central bank trimmed extension to its chief executive officer`s (CEO`s) term in September.
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Buying a home? Big setback for you, house prices to shoot up, this city to suffer the most
Fri, Nov 16, 2018
House prices will rise at half the rate of consumer price inflation next year, hit by dwindling credit supply, according to a Reuters poll of housing market experts who said Delhi, the national capital, will be hit hardest.
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When PM Modi met Urjit Patel! Why November 19 could signal end of Centre vs RBI row
Tue, Nov 13, 2018
Centre Vs RBI: Prime Minister Narendra Modi and Reserve Bank of India Governor Urjit Patel reportedly met last week to sort out contentious issues that have become flash points between the government and the central bank.
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Raghuram Rajan dubs India's 7% economic growth, 'Hindu rate of growth', blasts demonetization
Sat, Nov 10, 2018
Former RBI governor Raghuram Rajan has spoken at length on two of the biggest and most controversy-generating issues in India in recent times that have embroiled the financial system here.
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Will RBI governor Urjit Patel resign on Nov 19? Read this report
Wed, Nov 07, 2018
Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank`s next board meeting on November 19, online financial publication Moneylife reported on Wednesday, citing sources in touch with the governor.
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No relief, Centre to keep pressing RBI to relax norms, funds
Wed, Nov 07, 2018
Keeping up the heat on the RBI, the government will continue to press the central bank to relax norms to boost lending and transfer at least a third of its Rs 9.6 lakh crore reserve, sources familiar with the discussions said.
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Raghuram Rajan bats for Urjit Patel over RBI-Centre rift on autonomy
Tue, Nov 06, 2018
Former Reserve Bank of India Governor Raghuram Rajan defended the central bank`s call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI.
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What is Section 7? Modi govt's 'Brahmastra' reportedly used against RBI governor Urjit Patel
Wed, Oct 31, 2018
The Government of India led by Prime Minister Narendra Modi has reportedly invoked never-before-used powers under the Reserve Bank Of India Act to make the central bank fall in line.
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Backing Acharya, union asks govt to stop nibbling at RBI's
Mon, Oct 29, 2018
Days after deputy governor Viral Acharya raised concerns over the central bank's autonomy, the Reserve Bank employees association Monday came out in support of the views, saying "undermining the central bank is a recipe for disaster" and government to stop nibbling at its autonomy.
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RBI may cut CRR by 1% in Dec if FPI flows don't revive: BofAML
Mon, Oct 29, 2018
Bank of America Merrill Lynch (BofAML) Monday said the RBI is likely to reduce the cash reserve ratio (CRR), or the amount of bank deposits parked with the central bank, by one percentage point in December, if the portfolio flows do not revive.
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No RBI rate cuts for now? See what monetary policy panel minutes revealed
Mon, Oct 22, 2018
Subdued prices of vegetables and fruits in summer, when prices normally tend to escalate, gave comfort to Reserve Bank of India (RBI) governor Urjit Patel to hold on to rates, but the higher oil prices forced him to change the stance from neutral to calibrated tightening.
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