RBI Governor Urjit Patel

Timelines
Ram Mandir to Urjit Patel: Highlights from PM Modi's interview

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.

Urjit Patel first RBI Governor to officially resign since 1957

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.

Assembly poll results, Urjit Patel's sudden resignation upset market

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.

RBI likely to keep interest rate unchanged on December 5

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.

RBI board meeting: Key issues to be discussed

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.

RBI vs Modi government: All about the spat, Section 7

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.

In a surprise move, RBI keeps policy rates unchanged

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".

RBI Governor Urjit Patel to deliver lecture to anti-corruption officers

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.

FRDI Bill withdrawn on apprehensions expressed by public: Piyush Goyal

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.

Business Roundup: Here are today's top 5 Business news

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.

Government mulls merging four more state-run banks to reduce losses

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.

India's pace of growth to accelerate in 2018-19: RBI Governor

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.

Ahead of RBI policy meet, Sensex rises nearly 100 points

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.

99% demonetized Rs. 1,000 notes returned to RBI

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.

Photos of the new purported Rs. 50 note go viral

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.

RBI cuts interest rates, loans to get cheaper

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.

Demonetization: Still counting number of returned notes, says Urjit Patel

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.

Maharashtra government announces Rs. 34,000 crore farm loan waiver

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.

Centre won't pay for farm loan waivers announced by states

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.

Maharashtra farmers call off protests following farm loan waiver

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.

Two large Mumbai-based state-run banks may merge

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.