S Gurumurthy

RBI Director S Gurumurthy said the central bank has not yet taken any view on monetising deficit

Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government's requests to ease lending restrictions on state-run banks.

The story that culminated in RBI Governor Urjit Patel's resignation probably began the day when the Modi government decided to appoint S Gurumurthy to the RBI's board. The swadeshi-spouting chartered accountant who believed that the RBI "has lost its capacity to think for India", and who had openly blamed it for the economic troubles of Indi...

RSS ideologue and independent director on RBI board S Gurumurthy Monday described the resignation of Urjit Patel as a setback to the convergence that the central bank and the government were reaching on contentious issues.

The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.

As the Reserve Bank of India (RBI) board met in Mumbai today amid the central bank's public spat with the government over a range of subjects, Rahul Gandhi seized the chance to target Prime Minister Narendra Modi in a tweet. "Hope Urjit Patel has a spine and will show PM his place," the Congress president tweeted shortly after the RBI board meeting...

RBI vs government: Though the government has maintained it has no intention of forcing the RBI's hand to do its bidding, the opposition has alleged the NDA regime intends to plough into the precious reserves of the central bank in election season

The meeting of the board of the Reserve Bank of India has started amid what analysts say an atmosphere of mistrust over perceived government interference on the central bank's functioning. Though the government has maintained it has no intention of forcing the RBI's hand to do its bidding, the opposition has alleged the NDA regime intends to plough...

Ahead of November 19 board meeting of the central bank, the RSS ideologue and RBI Board member made case for loosening liquidity norms for lenders.

Ahead of next week's crucial board meeting of RBI, the central bank's independent director and RSS ideologue S Gurumurthy Thursday made a case for calibration of its massive Rs 9.6 lakh crore reserves, saying no central bank in the world maintains such high levels of surplus.

S Gurumurthy has been a vocal member on the RBI board asking for easier lending and capital restrictions for the country's banks.

If the standoff with the government gets any worse, a test of the central bank's dire warning could come soon.

The government has appointed Chartered Accountant Swaminathan Gurumurthy, also considered as an RSS idealogue, on the board of the Reserve Bank of India (RBI).

Demonetisation decision is the equivalent of 'financial Pokhran', RSS ideologue S Gurumurthy said on Monday visualising a paradigm shift in economy that will begin a process of bringing down real estate prices and encourage transparency.

A BJP candidate for the last Lok Sabha polls and whose nomination was rejected in Nilgiris SC Constituency, which created a controversy, has joined AIADMK in the presence of party chief Jayalalithaa in Coimbatore.

RBI Director S Gurumurthy said the central bank has not yet taken any view on monetising deficit

Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government's requests to ease lending restrictions on state-run banks.

The story that culminated in RBI Governor Urjit Patel's resignation probably began the day when the Modi government decided to appoint S Gurumurthy to the RBI's board. The swadeshi-spouting chartered accountant who believed that the RBI "has lost its capacity to think for India", and who had openly blamed it for the economic troubles of Indi...

RSS ideologue and independent director on RBI board S Gurumurthy Monday described the resignation of Urjit Patel as a setback to the convergence that the central bank and the government were reaching on contentious issues.

The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.

As the Reserve Bank of India (RBI) board met in Mumbai today amid the central bank's public spat with the government over a range of subjects, Rahul Gandhi seized the chance to target Prime Minister Narendra Modi in a tweet. "Hope Urjit Patel has a spine and will show PM his place," the Congress president tweeted shortly after the RBI board meeting...

RBI vs government: Though the government has maintained it has no intention of forcing the RBI's hand to do its bidding, the opposition has alleged the NDA regime intends to plough into the precious reserves of the central bank in election season

The meeting of the board of the Reserve Bank of India has started amid what analysts say an atmosphere of mistrust over perceived government interference on the central bank's functioning. Though the government has maintained it has no intention of forcing the RBI's hand to do its bidding, the opposition has alleged the NDA regime intends to plough...

Ahead of November 19 board meeting of the central bank, the RSS ideologue and RBI Board member made case for loosening liquidity norms for lenders.

Ahead of next week's crucial board meeting of RBI, the central bank's independent director and RSS ideologue S Gurumurthy Thursday made a case for calibration of its massive Rs 9.6 lakh crore reserves, saying no central bank in the world maintains such high levels of surplus.

S Gurumurthy has been a vocal member on the RBI board asking for easier lending and capital restrictions for the country's banks.

If the standoff with the government gets any worse, a test of the central bank's dire warning could come soon.

The government has appointed Chartered Accountant Swaminathan Gurumurthy, also considered as an RSS idealogue, on the board of the Reserve Bank of India (RBI).

Demonetisation decision is the equivalent of 'financial Pokhran', RSS ideologue S Gurumurthy said on Monday visualising a paradigm shift in economy that will begin a process of bringing down real estate prices and encourage transparency.

A BJP candidate for the last Lok Sabha polls and whose nomination was rejected in Nilgiris SC Constituency, which created a controversy, has joined AIADMK in the presence of party chief Jayalalithaa in Coimbatore.