Viral Acharya Rbi
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Centre To Begin Search For New RBI Deputy Governor
The centre will soon start searching for a successor to central bank Deputy Governor Viral Acharya after the outspoken monetary policy maker asked to leave his post six months before his term ends.
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RBI Deputy Governor's Resignation Debated In Lok Sabha
Raising the issue of resignation of RBI Deputy Governor Viral Acharya, Kerala Congress (M) lawmaker Thomas Chazhikadan Tuesday alleged prominent economists are unable to work with the government as its policies are not in interest of the people.
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Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
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"PM Modi Planning Demonetisation Part-II": Congress On RBI Controversy
The Congress Monday accused the Modi government of "trampling" on the RBI's institutional integrity and alleged that it was seeking around Rs 3.6 lakh crore from the central bank to distribute electoral sops ahead of the general elections.
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RBI vs Government: 10 Things To Know
The Reserve Bank of India (RBI) and the government appear to be heading on a collision course after one of the top officials of the central bank warned that undermining the RBI's independence could be "potentially catastrophic". Reports that RBI Governor Urjit Patel may resign after a breakdown in relations with the government also fuelled the cris...
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Opinion: Why RBI Is Suddenly Standing Up To Modi - And What's At Stake
Encapsulated here is the broader failure of this government: it started with such hopes and ambitions, as visible in the decision to give the RBI an independent inflation target; but now it is reduced to scrapping with the RBI over its reserves to fund its populist election spending. And so yet another institution feels its independence slipping aw...
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The Explosive RBI Speech That Has Upset The Government
RBI Deputy Governor Viral Acharya said on Friday that undermining a central bank's independence could be "potentially catastrophic", in comments appearing to push back against government pressure ahead of a general election next year. Government officials have recently called for the RBI to relax its lending restrictions on some banks, and Delhi ha...
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Arun Jaitley, RBI Chief Face-To-Face As Rift Is Out In Open: 10 Points
Finance Minister Arun Jaitley and RBI governor Urjit Patel came face-to-face at a meeting of a financial stability body today amid tension after Mr Patel's deputy made a strong call for autonomy for the central bank in a speech on Friday. The government asked RBI or the Reserve Bank of India for an assurance that any liquidity crisis faced by non-b...
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As RBI Employees Back Boss, Centre Upset That Rift Made Public: 10 Points
The ongoing friction between the Reserve Bank of India and the government has boiled over, with the association of the bank's employees siding with its Deputy Governor on Monday. Last week, Viral Acharya had made a strong case for the need of autonomy at the country's central bank -- his speech had been widely shared on social media. Quoting source...
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RBI Deputy Governor Confirms Sending A Fresh List of NPAs To Banks
Viral Acharya however, did not disclose the number of the accounts which have been referred.
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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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Centre To Begin Search For New RBI Deputy Governor
The centre will soon start searching for a successor to central bank Deputy Governor Viral Acharya after the outspoken monetary policy maker asked to leave his post six months before his term ends.
-
RBI Deputy Governor's Resignation Debated In Lok Sabha
Raising the issue of resignation of RBI Deputy Governor Viral Acharya, Kerala Congress (M) lawmaker Thomas Chazhikadan Tuesday alleged prominent economists are unable to work with the government as its policies are not in interest of the people.
-
Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
-
"PM Modi Planning Demonetisation Part-II": Congress On RBI Controversy
The Congress Monday accused the Modi government of "trampling" on the RBI's institutional integrity and alleged that it was seeking around Rs 3.6 lakh crore from the central bank to distribute electoral sops ahead of the general elections.
-
RBI vs Government: 10 Things To Know
The Reserve Bank of India (RBI) and the government appear to be heading on a collision course after one of the top officials of the central bank warned that undermining the RBI's independence could be "potentially catastrophic". Reports that RBI Governor Urjit Patel may resign after a breakdown in relations with the government also fuelled the cris...
-
Opinion: Why RBI Is Suddenly Standing Up To Modi - And What's At Stake
Encapsulated here is the broader failure of this government: it started with such hopes and ambitions, as visible in the decision to give the RBI an independent inflation target; but now it is reduced to scrapping with the RBI over its reserves to fund its populist election spending. And so yet another institution feels its independence slipping aw...
-
The Explosive RBI Speech That Has Upset The Government
RBI Deputy Governor Viral Acharya said on Friday that undermining a central bank's independence could be "potentially catastrophic", in comments appearing to push back against government pressure ahead of a general election next year. Government officials have recently called for the RBI to relax its lending restrictions on some banks, and Delhi ha...
-
Arun Jaitley, RBI Chief Face-To-Face As Rift Is Out In Open: 10 Points
Finance Minister Arun Jaitley and RBI governor Urjit Patel came face-to-face at a meeting of a financial stability body today amid tension after Mr Patel's deputy made a strong call for autonomy for the central bank in a speech on Friday. The government asked RBI or the Reserve Bank of India for an assurance that any liquidity crisis faced by non-b...
-
As RBI Employees Back Boss, Centre Upset That Rift Made Public: 10 Points
The ongoing friction between the Reserve Bank of India and the government has boiled over, with the association of the bank's employees siding with its Deputy Governor on Monday. Last week, Viral Acharya had made a strong case for the need of autonomy at the country's central bank -- his speech had been widely shared on social media. Quoting source...
-
RBI Deputy Governor Confirms Sending A Fresh List of NPAs To Banks
Viral Acharya however, did not disclose the number of the accounts which have been referred.
-
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.
