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Shaktikanta Das presser: The new RBI governor is everything his predecessor Urjit Patel was not
Dinesh Unnikrishnan123 •The tone and tenor of Shaktikanta Das suggest that he is likely to be more sympathetic to the government’s growth concerns not just RBI’s inflation worries.
RBI autonomy 'sacred', should not be compromised, says former CEO Arvind Subramanian
•"RBI has a very good reputation for very good reasons (and) maintaining the functional autonomy in decision-making and governance is absolutely sacred, we must not compromise on that," Arvind Subramanian said
Shaktikanta Das, Narendra Modi’s demonetisation man, has a fresh task at hand: Tame a rebellious central bank
Dinesh Unnikrishnan123 •Two years after note ban, Shaktikanta Das has been given another task by the Modi government--to douse the raging fire at Mint Road
Urjit Patel resignation: The vigilant owl flies out in protest, as the nest comes under attack
•Urjit Patel succeeded Raghuram Rajan to the 19th floor corner office of the Mint Road, saw through the badly implemented demonetisation decision.
Rift with Centre doesn't challenge RBI's autonomy, says former SEBI chairman N Damodaran
•Former SEBI chairman N Damodaran on Tuesday said the Reserve Bank of India (RBI) continues to be a strong institution and its recent differences with the government does not challenge its autonomy
Govt to continue pressing Reserve Bank of India for relaxing norms, funds to boost lending
•The reports of rift between the central bank and the government surfaced last month following which the finance ministry reportedly started discussion with the RBI under the never-used before Section 7 of the RBI Act.
RBI Governor Urjit Patel versus Centre: Finance ministry offers truce, but not without warning Central bank about its behaviour
Dinesh Unnikrishnan123 •It is important both for the RBI and the government to acknowledge the weakness in the economy and engage in more constructive consultations rather than using roadshows to deploy pressure tactics.
Arun Jaitley holds high-level meeting to discuss liquidity issues; no discussion on RBI-govt differences, says report
•Unlike in the past, all the four RBI deputy governors attended Tuesday's FSDC meeting along with Patel.
RBI-government spat shows central bank's independence, says Morgan Stanley India research head Ridham Desai
•American brokerage Morgan Stanley on Tuesday said the Reserve Bank is more independent than it was in the past and the debate triggered by deputy governor Viral Acharya last week illustrates the progress on this front
RBI vs Narendra Modi government: Public spat won’t help, but India’s best bet is not to mess with its central bank
Dinesh Unnikrishnan123 •Almost every RBI governor, be it Y V Reddy or D Subbarao, have pitched for central bank autonomy in public forums inviting the wrath of the government of the day.