Rbi Cash Reserves

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'.

Rupee continues rising spree: Strengthens 29 paise to 71.38 against dollar; highest level since 4 September

The rupee opened with strength at Rs 71.39 at the Interbank Foreign Exchange and advanced further to trade at 71.38 against the US dollar.

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.

RBI vs Centre: Governor Urjit Patel meets Narendra Modi to discuss differences, resolve issues; media dubs it 'peace talks'

Amid the increasing rift between the Bharatiya Janata Party-led Centre and the Reserve Bank of India (RBI), governor of the central bank Urjit Patel is believed to have met with Prime Minister Narendra Modi last Friday. The RBI governor will not be resigning, sources privy to the matter have told CNBC-TV18.

Surplus, liquidity issues likely to rock RBI board meeting on 19 November, says report

Any change in the central bank's economic capital framework can be carried out only after making amendments to the RBI Act, 1934.

Government-RBI rift: Forcing central bank to give Rs 3.6 lakh cr from cash reserves would jeopardise inflation story

Every year since 2014, the RBI has transferred all the profits it has made to the government

Govt wants Rs 3.6 lakh crore cash surplus from RBI: Eating into central bank's reserves is a dangerous idea, will set a bad precedent

As this has not been done before, doing it now will definitely send a signal that all is not well with the government’s finances and will hence raise several questions on the running of the Budget.