Urjit Patel
Top RBI official speaks up for central bank independence
The risks of undermining the central bank’s independence are potentially catastrophic,” said Acharya.
Parliamentary panel to summon RBI governor Patel on IL&FS controversy
The RBI governor had blamed the bank management for lapses.
Concerned over fall in rupee, says Hindu outfit
RBI should play a proactive role in checking the decline, says body.
As RBI holds rates, relief for borrowers
This is also good news for the Prime Minister’s affordable housing vision and for the housing and construction sector.
Rupee at 74 to a dollar is still better than its EM peers: Patel
Rupee has depreciated in nominal effective terms by 5.6 per cent since the end of March, says Patel.
Fiscal slippages to have adverse bearing on inflation, markets: RBI
Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.
RBI lowers retail inflation projection to 3.9-4.5 pc for second half of FY19
Inflation is projected at 4 pc in second quarter (July-September) 2018-19, 3.9-4.5 pc in H2 (October-March) and 4.8 pc in Q1:2019-20.
Reserve Bank of India keeps key policy rate unchanged at 6.50 pc
RBI in its monetary policy meet in August had decided to hike the key interest rates from 6.25 pc to 6.50 pc.
RBI rate-setting panel begins three-day meet
RBI raised the repo rate or short term lending rate by another 25 basis points in August policy meet.
Preventive vigilance better governance tool for public institutions: Urjit Patel
Percentage of vigilance cases against RBI employees' vis-à-vis the total staff strength of the Bank stood on average at 0.004 per cent.