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Former RBI Governor Urjit Patel Appointed As IMF Executive Director
Former Reserve Bank of India Governor Urjit Patel has been appointed as the Executive Director of International Monetary Fund, a Personnel Ministry order said.
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Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
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No Quick Action, Government Response Stoked Bad Loan Problem: Urjit Patel
India's bad loan problem slowly morphed into a full-blown crisis due to a lack of timely action by regulators and the government for several years until 2014, and it was largely driven by state-owned banks, former central bank governor Urjit Patel said.
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Supreme Court Issues Notice To RBI On Pleas Alleging Violation Of RTI Law
The Supreme Court Friday sought RBI''s response on two pleas seeking contempt proceedings against the central bank and its former Governor Urjit Patel for non-disclosure of information under RTI about some banks.
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"RBI Governors Insulted By Centre, Forced To Quit": P Chidambaram
Former Finance Minister P Chidambaram today attacked the Centre over the exit of Urjit Patel and Raghuram Rajan from the RBI, saying that never have two RBI governors been humiliated and forced to quit, while speaking at a seminar in Mumbai.
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"For Opposition Leaders, Modi Is The Issue," Says PM: Highlights
Prime Minister Narendra Modi spoke to news agency ANI today on BJP's loss in assembly elections in five states, resignation of Urjit Patel from the Reserve Bank of India, demonetisation, among other important political and people issues.
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"I'm Revealing For The First Time...": What PM Modi Said On Urjit Patel
Urjit Patel had wanted to resign for months because of "personal reasons", Prime Minister Narendra Modi said Tuesday, talking about the resignation of the former Reserve Bank of India governor in December amid speculation of a rift with the government. "He wrote to me personally," PM Modi said in an interview to news agency ANI.
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"Government, RBI Relation Like That Of Husband And Wife": Manmohan Singh
Former prime minister Manmohan Singh on Tuesday said the relationship between the government and the RBI is like of "husband-wife" and the difference of opinions must be resolved in a manner that the two institutions work in harmony.
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"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
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Institutions Must Remain Independent Despite "Marching Orders": Raghuram Rajan
Urjit Patel's resignation from the post of Reserve Bank of India governor has spurred a number of economists - including his predecessor Raghuram Rajan - to stress on the need for the country's top institutions to function in a manner "independent" of the government's demands.
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Former RBI Governor Urjit Patel Appointed As IMF Executive Director
Former Reserve Bank of India Governor Urjit Patel has been appointed as the Executive Director of International Monetary Fund, a Personnel Ministry order said.
-
Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
-
No Quick Action, Government Response Stoked Bad Loan Problem: Urjit Patel
India's bad loan problem slowly morphed into a full-blown crisis due to a lack of timely action by regulators and the government for several years until 2014, and it was largely driven by state-owned banks, former central bank governor Urjit Patel said.
-
Supreme Court Issues Notice To RBI On Pleas Alleging Violation Of RTI Law
The Supreme Court Friday sought RBI''s response on two pleas seeking contempt proceedings against the central bank and its former Governor Urjit Patel for non-disclosure of information under RTI about some banks.
-
"RBI Governors Insulted By Centre, Forced To Quit": P Chidambaram
Former Finance Minister P Chidambaram today attacked the Centre over the exit of Urjit Patel and Raghuram Rajan from the RBI, saying that never have two RBI governors been humiliated and forced to quit, while speaking at a seminar in Mumbai.
-
"For Opposition Leaders, Modi Is The Issue," Says PM: Highlights
Prime Minister Narendra Modi spoke to news agency ANI today on BJP's loss in assembly elections in five states, resignation of Urjit Patel from the Reserve Bank of India, demonetisation, among other important political and people issues.
-
"I'm Revealing For The First Time...": What PM Modi Said On Urjit Patel
Urjit Patel had wanted to resign for months because of "personal reasons", Prime Minister Narendra Modi said Tuesday, talking about the resignation of the former Reserve Bank of India governor in December amid speculation of a rift with the government. "He wrote to me personally," PM Modi said in an interview to news agency ANI.
-
"Government, RBI Relation Like That Of Husband And Wife": Manmohan Singh
Former prime minister Manmohan Singh on Tuesday said the relationship between the government and the RBI is like of "husband-wife" and the difference of opinions must be resolved in a manner that the two institutions work in harmony.
-
"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
-
Institutions Must Remain Independent Despite "Marching Orders": Raghuram Rajan
Urjit Patel's resignation from the post of Reserve Bank of India governor has spurred a number of economists - including his predecessor Raghuram Rajan - to stress on the need for the country's top institutions to function in a manner "independent" of the government's demands.
