Rbi 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."

All Indians should be concerned, says former RBI chief Raghuram Rajan on Urjit Patel's resignation

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".

RBI-government rift: Central bank governor Urjit Patel parries all questions about spat with Centre

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

Why would anybody think that the independence of the central bank is at stake, says S C Garg

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'.

YES Bank's independent director R Chandrashekhar resigns; promoters seek board overhaul

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