Urjit Patel Rbi Governor
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Behind-The-Scenes Of Urjit Patel's "Surprise" Resignation
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...
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With Urjit Patel's Exit, Team Modi Delivers A New First
Narendra Modi promised us that his would be a government of firsts, and he has certainly delivered. Not once in the post-liberalisation years of India's rise has the governor of the Reserve Bank of India had to resign.
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"Effective Immediately": Urjit Patel Statement On Stepping Down As RBI Governor
RBI Governor Urjit Patel, amid a rift with the government over the central bank's autonomy, has stepped down this evening. In a statement, Urjit Patel said he is stepping down with immediate effect and cited personal reasons.
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PM Modi Met RBI Chief For "First-Hand Account" Amid Rift: Sources
Prime Minister Narendra Modi and Reserve Bank Governor (RBI) Urjit Patel reportedly met last week in the middle of an unprecedented face-off between the government and the central bank on a range of issues including autonomy. The meeting took place on Friday, news agency PTI reported.
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"Consultations With RBI In Public Interest": Government Amid Autonomy Row
The government today said "extensive consultations" with the Reserve Bank of India (RBI) were in "public interest", after reports said it has started discussions on Section 7 of the RBI Act, a never-before-used rule that allows the centre to give instructions to the central bank's chief. In a statement, the finance ministry said such consultations ...
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RBI Governor Urjit Patel Gets Threat Mail Asking Him To Quit, Sender Arrested
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.
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RBI Governor Urjit Patel Reallocates Deputy Governors Portfolios As Viral Acharya Takes Charge
RBI Governor Urjit Patel has reallocated portfolios of Deputy Governors following assumption of charge by Viral V Acharya.
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Cash Situation Back To Normal Soon, RBI Chief Urjit Patel Tells Lawmakers' Panel: 10 Points
Urjit Patel, the chief of the Reserve Bank of India, confronted questions from a parliamentary committee on the sudden ban on 500 and 1,000 rupee notes in November and said the cash situation would return to normal soon. Millions were left facing a severe crunch after 86 per cent of the cash in circulation was outlawed overnight in a massive anti-c...
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Don't Answer That Question, Dr Manmohan Singh Said To RBI Governor
While RBI Governor Urjit Patel testified for a parliamentary committee today on how the sudden notes ban was planned and implemented, former Prime Minister Dr Mamnohan Singh quickly intervened to help him on a tricky matter.
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Summoned To Explain Notes Ban, Here's What RBI Governor Urjit Patel Said
Urjit Patel, the Governor of the Reserve Bank of India, today told a parliamentary committee that since the notes ban was introduced in November, 9.2 lakh crores (about $135 billion dollars) of new currency notes have been introduced to help replace the bills that were abolished. He also established that "The proposal to ban Rs 500- and 1000-rupee ...
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RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
-
Behind-The-Scenes Of Urjit Patel's "Surprise" Resignation
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...
-
With Urjit Patel's Exit, Team Modi Delivers A New First
Narendra Modi promised us that his would be a government of firsts, and he has certainly delivered. Not once in the post-liberalisation years of India's rise has the governor of the Reserve Bank of India had to resign.
-
"Effective Immediately": Urjit Patel Statement On Stepping Down As RBI Governor
RBI Governor Urjit Patel, amid a rift with the government over the central bank's autonomy, has stepped down this evening. In a statement, Urjit Patel said he is stepping down with immediate effect and cited personal reasons.
-
PM Modi Met RBI Chief For "First-Hand Account" Amid Rift: Sources
Prime Minister Narendra Modi and Reserve Bank Governor (RBI) Urjit Patel reportedly met last week in the middle of an unprecedented face-off between the government and the central bank on a range of issues including autonomy. The meeting took place on Friday, news agency PTI reported.
-
"Consultations With RBI In Public Interest": Government Amid Autonomy Row
The government today said "extensive consultations" with the Reserve Bank of India (RBI) were in "public interest", after reports said it has started discussions on Section 7 of the RBI Act, a never-before-used rule that allows the centre to give instructions to the central bank's chief. In a statement, the finance ministry said such consultations ...
-
RBI Governor Urjit Patel Gets Threat Mail Asking Him To Quit, Sender Arrested
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.
-
RBI Governor Urjit Patel Reallocates Deputy Governors Portfolios As Viral Acharya Takes Charge
RBI Governor Urjit Patel has reallocated portfolios of Deputy Governors following assumption of charge by Viral V Acharya.
-
Cash Situation Back To Normal Soon, RBI Chief Urjit Patel Tells Lawmakers' Panel: 10 Points
Urjit Patel, the chief of the Reserve Bank of India, confronted questions from a parliamentary committee on the sudden ban on 500 and 1,000 rupee notes in November and said the cash situation would return to normal soon. Millions were left facing a severe crunch after 86 per cent of the cash in circulation was outlawed overnight in a massive anti-c...
-
Don't Answer That Question, Dr Manmohan Singh Said To RBI Governor
While RBI Governor Urjit Patel testified for a parliamentary committee today on how the sudden notes ban was planned and implemented, former Prime Minister Dr Mamnohan Singh quickly intervened to help him on a tricky matter.
-
Summoned To Explain Notes Ban, Here's What RBI Governor Urjit Patel Said
Urjit Patel, the Governor of the Reserve Bank of India, today told a parliamentary committee that since the notes ban was introduced in November, 9.2 lakh crores (about $135 billion dollars) of new currency notes have been introduced to help replace the bills that were abolished. He also established that "The proposal to ban Rs 500- and 1000-rupee ...
-
RBI's Autonomy Compromised? Urjit Patel To Answer MPs Today
Urjit Patel, the chief of the Reserve Bank of India, will meet today with a parliamentary committee to answer questions on the central bank's role in clearing and executing the abrupt November decision to ban 500- and 1,000-rupee notes.
