राज्यों में किसान कर्ज माफी का बैंकों के एनपीए पर असर नहीं: पटेल
मुंबई : रिजर्व बैंक गवर्नर उर्जित पटेल ने आज कहा कि विभिन्न राज्यों में किसानों के कर्ज माफ करने का बैंकों की गैर - निष्पादित राशि (एनपीए) पर कोई प्रभाव नहीं पड़ा है। पिछले कुछ महीनों के दौरान कई राज्यों...
Parl panel summons RBI Governor Urjit Patel on banking crisis
New Delhi: A parliamentary panel has called Reserve Bank Governor Urjit Patel on May 17 to answer queries on a spate of banking scams unearthed in the last few months, sources said. The Standing Committee on Finance, headed by veteran...
RBI slashes the Repo Rate by 0.25 percent; Loans anticipated to get cheaper
New Delhi: In its third bi-monthly monetary policy review, the Reserve Bank of India today declared a 0.25 percent cut in the Repo rate- the rate at which the central bank lends short-term money to banks. Bringing the Repo rate...
The new phase of RBI-finance ministry conflict
New Delhi: In media and India’s financial circle, speculation is mounting on the “deteriorating” relationship between the finance ministry and the Reserve Bank of India (RBI) and the “attack” on the central bank’s autonomy. During the so-called demonetisation exercise in November-December...
Public sector bank merger healthy for banking system: RBI governor
New York: RBI governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are consolidated to have fewer but healthier entities, as it would help in dealing with the problem of stressed...
RBI Governor Urjit Patel gets threat mail, sender held in Nagpur
Nagpur/Mumbai: Reserve Bank of India Governor Urjit Patel allegedly received a threat mail asking him to quit the job from a 37-year-old man, who has been arrested from Nagpur, police said today. The RBI Governor received the email on February...
Despite fall, GDP will bounce back sharply: RBI Governor
New Delhi: Reserve Bank Governor Urjit Patel today said India's economic growth will make a "sharp V" recovery following the recall of old 500 and 1,000 rupee notes. Patel also made a strong case for continuing with globalisation even in...
PAC के सामने बोले उर्जित पटेल, कैश की किल्लत जल्द दूर होगी
नई दिल्ली: नोटबंदी के बाद रिजर्व बैंक ऑफ इंडिया (आरबीआई) के गवर्नर उर्जित पटेल ने दावा किया है कि कैश की किल्लत जल्द दूर हो जाएगी। उर्जित पटेल शुक्रवार को पब्लिक अकाउंट्स कमिटी (PAC) के सामने पेश हुए। उन्होंने कमिटी...
After Urjit Patel, may summon PM Narendra Modi, warns chief of parliamentary panel
New Delhi: Prime Minister Narendra Modi could be asked to explain his abrupt demonetization drive to a parliamentary committee, its chief, Congress leader VK Thomas, said today according to news agency. The Public Accounts Committee has ordered Urjit Patel, the Governor...
Stock markets fall sharply after RBI keeps repo rate unchanged
New Delhi: The Reserve Bank of India (RBI) has kept its repo rate unchanged at 6.25 per cent in its first monetary policy review after the notes ban, surprising many. Economists polled by a leading electronic media had expected a...
Demonetisation: Bank officers union calls for Urjit Patel’s resignation; focus on RBI’s role
New Delhi: The All India Bank Officers Confederation has called for the resignation of Reserve Bank of India governor Urjit Patel, taking the moral responsibility for the current crisis in the country and the deaths of more than 50 people,...
RBI cuts repo rate to 6-year low in Urjit Patel’s first monetary policy, EMIs to fall
The Reserve Bank of India in its monetary policy review today cut its key lending rate or repo rate by 25 basis points to nearly six-year low of 6.25 per cent, from 6.5 per cent. Banks are likely to pass...
A Kenyan born RBI Governor who became an Indian citizen only in 2013. Why silent now Subramaniam Swamy?
Let's say it without mincing words - since now Subramaniam Swamy who called Rajan a "foreigner" is silent on the subject - new RBI Governor in waiting Urjit Patel was NOT born or educated in India! He was born in...
Urjit Patel to take over from Raghuram Rajan as RBI Governor
New Delhi/Nagpur: Ending weeks of speculation the government today announced that sitting deputy Governor Urjit Patel will take over as the 24th Governor of the Reserve Bank of India when incumbent Raghuram Rajan demits office in the first week of...