Urjit Patel Resigns
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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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"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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"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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"Modi government Thinks It Owns RBI," Says P Chidambaram
Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term, former Union Finance Minister P Chidambaram on Thursday said the Modi government thinks it owns the RBI.
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Foreign Media On 'Potentially Catastrophic' Fight At RBI
Central banks are usually pretty boring places, home to technocrats who keep watch on inflation and exchange rates and pride themselves on avoiding public controversy.
-
The Last Days of Urjit Patel, A Central Banker Under Fire
In the end, India's vanquished central banker left with scarcely a whimper, even neglecting to give his closest colleagues a heads-up of his early exit from the national stage.
-
Blog: 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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Opinion: India's Dangerous Experiment With Challenging RBI
India's government is conducting a dangerous experiment in economic management. This week, following renewed pressure to conform to the government's thinking, the head of the Reserve Bank of India, Urjit Patel, resigned, citing "personal reasons."
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Deputy Governor NS Vishwanathan May Be Made RBI Interim Head: Report
NS Vishwanathan, the senior most deputy governor of the central bank, may be made interim head of the RBI following the unexpected resignation of Urjit Patel, according to sources.
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RBI Governor Urjit Patel's Resignation "Severe Blow" To Economy: Manmohan Singh
Former prime minister Manmohan Singh today said Reserve Bank of India (RBI) Governor Urjit Patel's resignation is "very unfortunate" and a "severe blow" to the country's economy.
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Urjit Patel Should Have Resigned On November 19: P Chidambaram
Former Finance Minister P Chidambaram today said he was saddened, but not surprised by the resignation of Urjit Patel as RBI Governor and claimed no self respecting scholar or academic can work in the NDA Government. In a series of tweets, the senior Congress leader said the last meeting of the Reserve Bank of India Board held on November 19 was th...
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Urjit Patel's Resignation Is BJP Versus Opposition Ammo Before 2019 Polls
The sudden resignation of Reserve Bank Governor Urjit Patel today was followed by a concerted opposition attack on the government, which accused it of attempting to destroy the country's institutions and economy. Mr Patel had stepped down nearly 10 months ahead of time amid an unprecedented, public face-off with the government.
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"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
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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.
-
"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.
-
"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.
-
"Modi government Thinks It Owns RBI," Says P Chidambaram
Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term, former Union Finance Minister P Chidambaram on Thursday said the Modi government thinks it owns the RBI.
-
Foreign Media On 'Potentially Catastrophic' Fight At RBI
Central banks are usually pretty boring places, home to technocrats who keep watch on inflation and exchange rates and pride themselves on avoiding public controversy.
-
The Last Days of Urjit Patel, A Central Banker Under Fire
In the end, India's vanquished central banker left with scarcely a whimper, even neglecting to give his closest colleagues a heads-up of his early exit from the national stage.
-
Blog: 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...
-
Opinion: India's Dangerous Experiment With Challenging RBI
India's government is conducting a dangerous experiment in economic management. This week, following renewed pressure to conform to the government's thinking, the head of the Reserve Bank of India, Urjit Patel, resigned, citing "personal reasons."
-
Deputy Governor NS Vishwanathan May Be Made RBI Interim Head: Report
NS Vishwanathan, the senior most deputy governor of the central bank, may be made interim head of the RBI following the unexpected resignation of Urjit Patel, according to sources.
-
RBI Governor Urjit Patel's Resignation "Severe Blow" To Economy: Manmohan Singh
Former prime minister Manmohan Singh today said Reserve Bank of India (RBI) Governor Urjit Patel's resignation is "very unfortunate" and a "severe blow" to the country's economy.
-
Urjit Patel Should Have Resigned On November 19: P Chidambaram
Former Finance Minister P Chidambaram today said he was saddened, but not surprised by the resignation of Urjit Patel as RBI Governor and claimed no self respecting scholar or academic can work in the NDA Government. In a series of tweets, the senior Congress leader said the last meeting of the Reserve Bank of India Board held on November 19 was th...
-
Urjit Patel's Resignation Is BJP Versus Opposition Ammo Before 2019 Polls
The sudden resignation of Reserve Bank Governor Urjit Patel today was followed by a concerted opposition attack on the government, which accused it of attempting to destroy the country's institutions and economy. Mr Patel had stepped down nearly 10 months ahead of time amid an unprecedented, public face-off with the government.
-
"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
