RBI act

Government to continue pressing RBI for relaxing norms to boost lending and transfer Rs 9.6 lakh crore reserve

Government to continue pressing RBI for relaxing norms to boost lending and transfer Rs 9.6 lakh crore reserve

New Delhi: Keeping up the heat on the RBI, the government will continue to press the central bank to relax norms to boost lending and tra...Read More

Government eyes growth, polls; RBI’s focus is on stability

Government eyes growth, polls; RBI’s focus is on stability

Friction between the government and the central bank is nothing new, nor unique to India. Historically, there have always been difference...Read More

What is Section 7 of the RBI Act? All you need to know about the RBI vs government rift

What is Section 7 of the RBI Act? All you need to know about the RBI vs government rift

The rift between the government and the RBI, especially its Governor Urjit Patel, has widened over several past months as both increasing...Read More

Finance Ministry overreach drives RBI Governor Urjit Patel to brink

Finance Ministry overreach drives RBI Governor Urjit Patel to brink

New Delhi: A key appointee of the Modi government – RBI governor Urjit Patel – was in the news on Wednesday for all the wrong reasons. Th...Read More

Nothing new in government, RBI conflict

Nothing new in government, RBI conflict

New Delhi: The Finance Ministry and the Reserve Bank on several occasions in the past have witnessed divergence of views on key issues co...Read More

P Chidambaram slams Centre for invoking never-used clause of RBI Act

P Chidambaram slams Centre for invoking never-used clause of RBI Act

New Delhi: Slamming the government for using for the first time a clause of the RBI Act, former Union finance minister P Chidambaram on W...Read More

Autonomy of RBI is essential and accepted governance requirement: Finance Ministry

Autonomy of RBI is essential and accepted governance requirement: Finance Ministry

New Delhi: Amid reports of its mounting tension with the RBI, the Finance Ministry on Wednesday said the government has “nurtured and res...Read More

Government appoints IDBI Bank’s MD and CEO Mahesh Kumar Jain as RBI deputy governor

Government appoints IDBI Bank’s MD and CEO Mahesh Kumar Jain as RBI deputy governor

New Delhi: The government today appointed IDBI Bank managing director M K Jain as Deputy Governor of RBI in place of S S Mundra, who had ...Read More

RBI has finalised P2P lending norms, likely in 2-3 weeks

RBI has finalised P2P lending norms, likely in 2-3 weeks

New Delhi : The Reserve Bank of India (RBI) has finalised norms for peer-to-peer (P2P) lending platforms and is expected to release final...Read More

Autonomy of the RBI in theory and practice

Autonomy of the RBI in theory and practice

Duvvuri Subbarao was Governor of the RBI from 2008-2013. The excerpts from his book ‘Who Moved My Interest Rate?’, published in Viking by...Read More

Raghuram Rajan Warns Against Debt-Driven Growth

Raghuram Rajan Warns Against Debt-Driven Growth

Warns on the eve of Budget that any deviation from fiscal consolidation path will hurt stability.

Confusion on RBI Act changes to be cleared in House: Jaitley

Confusion on RBI Act changes to be cleared in House: Jaitley

Mumbai: Amid apprehensions that a Finance Bill provision may lead to RBI losing regulatory powers for money market securities, Finance Mi...Read More

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