He said the government’s recent steps to include Indian bonds in global indexes opens the door for unstable foreign capital inflows and policy makers must be vigilant about the nation’s banking sector.
2 min read6 Apr 2020He gave a presentation at Stanford University’s annual conference on Indian economic policy that touched upon bad loans, bank regulation and bankruptcy resolutionThis was Patel’s first since quitting RBI in December amid a confrontation with the government over several policy issues
2 min read5 Jul 2019RBI may maintain status quo, change policy stance to neutral, shows surveyRBI did not elaborate on the reasons for the change in timing for releasing its sixth bimonthly policy statement
3 min read4 Feb 2019We are now headed to a situation where the central bank will be, in all but name, a branch of the finance ministry
4 min read19 Jan 2019The Reserve Bank of India should make policies within the framework set by the government, says former governor Bimal Jalan
2 min read11 Jan 2019Parliamentary panel says such stringent norms stipulated by the RBI for banks ... is unrealistic and unwarranted
2 min read3 Jan 2019Shaktikanta Das had already met the heads of state-run banks in two installments and private sector bankers last month.
1 min read2 Jan 2019RBI is allowing banks and NBFCs restructuring of MSME loans of up to 25 crore that were in default on 1 January, without having to mark them as NPAs
4 min read2 Jan 2019In an interview with ANI on the first day of the new year, PM Narendra Modi denied there was any political pressure on Urjit Patel to resign as RBI governor
1 min read2 Jan 2019In an interview with ANI on the first day of the New Year, PM Narendra Modi spoke on a range of topicsfrom the Ram Mandir issue to Pakistan, surgical strikes and 2019 Lok Sabha elections. Edited excerpts
5 min read1 Jan 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared