RBI Governor Urjit Patel
01 Jan 2019
Ram Mandir to Urjit Patel: Highlights from PM Modi's interview
As 2018 turned to 2019, Prime Minister Narendra Modi kickstarted the new year with an exclusive interview with news agency ANI.
11 Dec 2018
Urjit Patel first RBI Governor to officially resign since 1957
Reserve Bank of India (RBI) Governor Urjit Patel's resignation from his post has made him the third RBI Governor to officially resign.
11 Dec 2018
Assembly poll results, Urjit Patel's sudden resignation upset market
Benchmark equity indices opened with heavy losses today, as investors were on edge ahead of the final assembly election results from five states, amid plummeting rupee after RBI Governor Urjit Patel's unexpected resignation.
02 Dec 2018
RBI likely to keep interest rate unchanged on December 5
The Reserve Bank is likely to maintain status quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, suggested experts.
19 Nov 2018
RBI board meeting: Key issues to be discussed
Amid tensions between the government and the Reserve Bank of India (RBI), the RBI, board, on Monday, started a meeting to try and work out its differences with the government pertaining to policy.
31 Oct 2018
RBI vs Modi government: All about the spat, Section 7
The ongoing spat between the Reserve Bank of India (RBI) and the Modi government is public knowledge by now.
05 Oct 2018
In a surprise move, RBI keeps policy rates unchanged
The Reserve Bank opted for a surprising status quo at the bi-monthly review today on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral".
13 Sep 2018
RBI Governor Urjit Patel to deliver lecture to anti-corruption officers
RBI Governor Urjit Patel is scheduled to deliver a lecture to senior anti-corruption officers working with banks and other public sector organizations next week in New Delhi.
01 Aug 2018
FRDI Bill withdrawn on apprehensions expressed by public: Piyush Goyal
The government has decided to withdraw Financial Resolution and Deposit Insurance (FRDI) Bill following apprehensions expressed by the public with regard to the "bail-in" clause to resolve a failing bank and insurance cover on bank deposits, Finance Minister Piyush Goyal told a Parliamentary Committee.
12 Jun 2018
Business Roundup: Here are today's top 5 Business news
Hola! Missed the business headlines of the day? No worries, here's your daily wrap of business news.
04 Jun 2018
Government mulls merging four more state-run banks to reduce losses
The government is mulling a major merger of at least four state-run banks - Bank of Baroda, IDBI Bank Ltd, Central Bank of India and Oriental Bank of Commerce - to give a boost to India's struggling banking sector, HT reports.
22 Apr 2018
India's pace of growth to accelerate in 2018-19: RBI Governor
Asserting that the Indian economy turned in a resilient performance in 2017-18, RBI Governor Urjit Patel has said the country's growth is expected to accelerate in 2018-19.
04 Apr 2018
Ahead of RBI policy meet, Sensex rises nearly 100 points
The BSE Sensex rose nearly 100 points in opening trade on Wednesday ahead of Reserve Bank of India's monetary policy review that begins today.
28 Aug 2017
99% demonetized Rs. 1,000 notes returned to RBI
The RBI website announced that roughly 99% of the demonetized Rs. 1000 currency notes had returned into the banking system.
18 Aug 2017
Photos of the new purported Rs. 50 note go viral
Images of a purported new Rs. 50 note are doing the rounds on social media. There's no official confirmation of their veracity though.
02 Aug 2017
RBI cuts interest rates, loans to get cheaper
The RBI has cut repo rate by 25 basis points to 6%, the lowest in more than 6.5 years, during its policy review today.
13 Jul 2017
Demonetization: Still counting number of returned notes, says Urjit Patel
RBI Governor Urjit Patel appeared before the Parliamentary Standing Committee on Finance to answer queries regarding demonetization.
24 Jun 2017
Maharashtra government announces Rs. 34,000 crore farm loan waiver
Maharashtra CM Devendra Fadnavis announced that his cabinet had agreed upon a Rs. 34,000 crore crop loan waiver for farmers.
13 Jun 2017
Centre won't pay for farm loan waivers announced by states
Union Finance Minister Arun Jaitley said the Centre won't pay for loan waivers announced by states for farmers.
11 Jun 2017
Maharashtra farmers call off protests following farm loan waiver
Following the Maharashtra government's announcement on farm loan waiver, the farmers have temporarily called off their protest.
13 Oct 2016
Two large Mumbai-based state-run banks may merge
Two large Indian state-run banks may be merged in the next fiscal year, said Banks Board Bureau Chairman Vinod Rai ahead of the launch of a new process to resolve stressed assets.