Michael Patra appointed RBI deputy governor for 3 years, likely to handle monetary policy department
Patra, a Ph.D. in Economics from IIT-Mumbai, is also a member of the Monetary Policy Committee (MPC) and is said to be an inflation-hawk.
Seven candidates shortlisted for RBI deputy governor's post after Viral Acharya's exit; interviews to be held on 7 November
The post had fallen vacant after Viral Acharya resigned in Julysix months before the end of his term. The Reserve Bank has four deputy governors
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After Viral Acharya's exit, finance ministry gets nearly 100 applications for post of RBI deputy governor
Nearly 100 candidates have applied for the post of deputy governor of the Reserve Bank of India (RBI) - a position that fell vacant after Viral Acharya resigned six months before the scheduled end of his term
The finance ministry has sought applications for the post of RBI deputy governor, a position that fell vacant after Viral Acharya resigned six months before the scheduled end of his term
Eminent economist Subir Gokarn passes away; was one of the youngest to serve as deputy governor of RBI
Gokarn served as the RBI deputy governor from 24 November 2009 to 31 December 2012.
Rupee opened flat at 69.58 against dollar in early trade, currency under pressure after reports of RBI deputy guv Viral Acharya quitting
Forex traders said the rupee was under pressure and was trading in a narrow range
Viral Acharya confirmed his departure from the RBI due to 'unavoidable pesonal reasons'.
Customer complaints against banks surge 25% to 1.63 lakh in FY18; SBI leads among PSBs, HDFC in private sector
The major grounds of complaints received during the year was non-observance of fair practices code, ATM. credit card and debit card issues
The RBI played a vital role in ensuring economic and financial stability, and was an important counterpart and partner for the IMF, Gerry Rice, IMF Director, Communication, said
Viral Acharya said the RBI is putting together a public credit registry that will give banks the entire profile, including past loan details, and also regular income flows of borrowers.
From demonetisation jokes to becoming RBI’s knight in shining armour, Urjit Patel is now the real rockstar of Mint road
RBI governor Urjit Patel's next major test will come in the days ahead when the RBI board will meet on 19 November.
The government on Monday appointed IDBI Bank Ltd Chief Executive Officer Mahesh Kumar Jain as a deputy governor of the Reserve Bank of India (RBI) for three years
One year of MPC: RBI panel has its task cut out, will continue to pursue inflation target, says Michael Patra
Urjit Patel is of the view that RBI should aim at achieving inflation target without losing sight of supporting economic growth.
Acharya needs to hit the ground running making the RBI’s voice heard in the monetary policy committee (MPC) on the course of interest rates in a challenging economic scenario.
Like Rajan, Acharya also comes from an academic background and has also co-authored in the past at least three papers with the former RBI governor. These papers included 'Sovereign debt, government myopia, and the financial sector', 'The Internal Governance of Firms' and 'Government Myopia and Debt in a Dynamic Setting.
The RBI had a vacancy for deputy governor after Urjit Patel was promoted to Governor earlier this year.
His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again
Commercial banker Subhash Sheoratan Mundra has assumed office as the fourth deputy governor of the RBI.