RBI windfall of Rs 1.76 lakh cr surplus to Centre supports deficit, offers a permanent avenue to raise resources
The government will get a bonanza of around Rs 86,000 crore over and above the budgetary provision of Rs 90,000 crore from the RBI
RBI Board meeting today to finalise annual accounts, to take up Bimal Jalan committee's recommendation
The RBI follows a July-June financial year and the dividend is usually distributed in August after annual accounts are finalised
The guidelines are based on the report submitted by a committee under its executive director P Vijaya Bhaskar on 28 June 2013
Why isn't govt asking RBI to reveal information about wilful loan defaulters and banks' inspections: Congress
The party's remarks came after the Supreme Court on Friday gave the banking regulator "a last opportunity" to reveal these details under the RTI Act
Bimal Jalan to head panel to decide on RBI cash reserves: Former central bank governor enjoys govt support, but committee to have final say
Jalan will lead a six-member committee which will review the status, need and justification of various provisions, reserves and buffers presently provided for by the RBI
RBI-government fracas on core issues has brought to fore contentious aspects of not just institutions but also policies
The RBI so far has used the conventional approach of providing funds to banks which could lend to the NBFCs based on commercial judgment.
Arun Jaitley speaks on RBI, Urjit Patel's resignation, says institutions cannot be 'isolationist' while enjoying autonomy
Without specifying RBI, Arun Jaitley said there is a need for regulators to consult all the stakeholders as that is when one gets a "feel of the market."
With regard to powers of the RBI board, Rajan said there is "an extreme" change in the nature of the governance of the RBI for the "board to become an operational board, that is to make operational decisions".
Speaking at the customary post-RBI policy presser after the fifth bi-monthly policy review, wherein the policy rates were left unchanged, Urjit Patel parried three questions on these issues.
No liquidity crisis for any segments except gems and jewellery sector, says govt nominee on RBI board
The spike in the cost of funds is due to an increased risk perception, and not due to lack of liquidity in the system.
Urjit Patel to submit written answers to questions raised by MPs, says demonetisation had transient impact on economy
RBI governor Urjit Patel told the Members of Parliament that credit growth was 15 percent
Laying to rest rumours that the government had asked for capital reserves from the Reserve Bank of India, S C Garg, Economic Affairs Secretary emphatically said in an interview with CNBC-TV18 that it was a 'figment of imagination'.
The Reserve Bank of India (RBI) has asked YES Bank to find a replacement for its founder MD and CEO Rana Kapoor by 31 January
RBI board concludes nine-hour long meet amid differences with govt; central bank issues 175-word statement
The government has been pressing the RBI to reduce capital ratios for banks, which would speed up loans to small businesses in remote parts of the country
Patel and his deputies along with a few independent directors too are expected to support the RBI's mission to clean up bank balance sheets, sources said.
RBI board meeting: Central bank likely to reach common ground with govt on some key issues; all you need to know
The RBI is also expected to consider a special dispensation for micro, small and medium enterprises (MSMEs) and non-banking financial companies (NBFCs) which have been facing liquidity issues.
The RBI board is also expected to discuss issues related to making relaxations to its Prompt Corrective Action (PCA) framework to clean up the balance sheet of banks burdened with NPAs.
Backing RBI on NPAs, Finance Minister Arun Jaitley says minimising bad loans alone will ensure credit flow
Relations between the RBI and the Finance Ministry have soured in the last month after the North Block started consultations under the never-used Section 7 of the RBI Act
RBI vs govt: The 18 'wise men' tasked with supervision of Mint Street watched for next course of action
The entire board is appointed by the government under the RBI Act, which mandates the central board with "general superintendence and direction of the Reserve Bank's affairs".
In a series of tweets, Chidambaram said that the fiscal deficit in 2013-14 was 4.4 percent according to official data and not 5.1 percent as Garg mentioned on Friday.