Urjit Patel News

News

Policy makers must be vigilant about India’s banking sector: Ex-RBI guv Patel

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 2020
Industry

Urjit Patel blames govt, RBI and banks till 2014 for bad loan mess

He 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 2019
Politics

RBI to announce policy before noon on 7 February

RBI 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 2019
Opinion

Opinion | Why the Reserve Bank of India needs de jure independence

We 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 2019
Industry

RBI is accountable to the government, says Bimal Jalan

The Reserve Bank of India should make policies within the framework set by the government, says former governor Bimal Jalan

2 min read11 Jan 2019
Industry

Parliamentary panel asks RBI to ease bank capital requirements

Parliamentary panel says such stringent norms stipulated by the RBI for banks ... is unrealistic and unwarranted

2 min read3 Jan 2019
Industry

RBI guv Shaktikanta Das to meet NBFC, MSME execs next week

Shaktikanta Das had already met the heads of state-run banks in two installments and private sector bankers last month.

1 min read2 Jan 2019
Opinion

Opinion | A bad loan farce gets another rerun in India

RBI 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 2019
Politics

Urjit Patel wanted to resign months ago, says Narendra Modi

In 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 2019
Politics

Narendra Modi’s first interview of 2019: What he said

In 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 2019
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