Recent Highlights
All Stories for S Gurumurthy
RBI governor Urjit Patel has been a victim of NDA sledging, which is simply not cricket
Narayanan Madhavan • 6 years agoIt must be remembered that unlike his predecessor Raghuram Rajan, Urjit Patel supported, not so reluctantly, the controversial 2016 decision to demonetise high-value currency notes.
All Indians should be concerned, says former RBI chief Raghuram Rajan on Urjit Patel's resignation
• 6 years agoWith 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".
Urjit Patel resigns as RBI governor: Raghuram Rajan, Arun Jaitley, Narendra Modi, Congress and more weigh in
Fp Staff • 6 years agoUrjit Patel's resignation as the governor of Reserve Bank of India on Monday has drawn a sharp reaction from politicians, economists as well as industry leaders inlcuding foremr governor Raghuram Rajan, who said, 'all Indians should be concerned'
Expert panel on Reserve Bank of India's economic capital framework likely to be formed this week
• 6 years agoIn its nine-hour meeting held last week, the Reserve Bank of India's board had decided to constitute a committee of experts to examine the ECF
RBI Board meet: Round one goes to govt; after the ugly public spat, Governor Urjit Patel has been shown his place
Dinesh Unnikrishnan123 • 6 years agoRBI board meet outcome is a clear victory for govt; RBI has been shown its place
RBI board meeting: Expert committee to look into issues concerning capital surplus of Rs 9.69 lakh crore
Fp Staff • 6 years agoThe RBI said that it has decided to constitute an expert committee to examine the ECF, the membership and terms of reference of which will be jointly determined by the government the central bank
Crucial RBI board meet underway to discuss key issues; 23 October meeting lasted for 8 hours
Fp Staff • 6 years agoPatel and his deputies along with a few independent directors too are expected to support the RBI's mission to clean up bank balance sheets, sources said.
RBI board meeting: Central bank likely to reach common ground with govt on some key issues; all you need to know
Fp Staff • 6 years agoThe RBI is also expected to consider a special dispensation for micro, small and medium enterprises (MSMEs) and non-banking financial companies (NBFCs) which have been facing liquidity issues.
'Govt stacking up Reserve Bank of India board with allies to turn heat up on governor Urjit Patel'
• 6 years agoNow 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 vs govt: At 19 November board meet, S Gurumurthy’s economic theories and other pain points await Urjit Patel
Dinesh Unnikrishnan123 • 6 years agoGurumurthy’s recent comments had challenged the central bank on multiple issues and some of his economic theories had surprised many.