Rbi Board Meet

RBI Board meet underway: Rahul Gandhi says Urjit Patel and team should show Narendra Modi 'his place'

Earlier, senior Congress leader and former finance minister P Chidambaram tweeted that the government is determined to ‘capture’ RBI in order to gain control over its Rs 9 lakh crore reserves.

Sensex rises over 150 points, Nifty crosses 10,700-mark in opening trade ahead of RBI board meet today

Sensex was trading 190.81 points or 0.54 percent, higher at 35,647.61 points.

Rupee sheds 9 paise against dollar in early trade ahead of RBI board meet today; rising crude prices weighs on currency

Weakness in the US dollar against some currencies in global market and a higher opening of the domestic equity markets limited the rupee fall ahead of Reserve Bank of India's board meet,

RBI Board meet: Govt wants to capture central bank to gain control of its Rs 9 lakh cr reserves, says P Chidambaram

In a series of tweets, the former finance minister also claimed that the government and the Reserve Bank of India (RBI) was heading towards a “confrontation” in the Monday's board meeting of the bank.

'Govt stacking up Reserve Bank of India board with allies to turn heat up on governor Urjit Patel'

Now stacked with government nominees who can be counted on to support the administration, the Reserve Bank of India board is being transformed from having a passive advisory role into a body that can exert pressure for policy change

RBI board meet today: Amid tiff with government, central bank likely to debate liquidity crisis

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.