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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Loans may get cheaper as RBI set to cut rates

The government has also been pushing for a rate cut to give a boost to economic activity and encourage private...

31 July 2017 6:51 AM IST

Chief Economic Adviser Arvind Subramanian

Subramanian supports idea of national bad bank

CEA said that bailing out big borrowers will lead to the allegations of corruption and crony capitalism.

14 March 2017 2:13 PM IST

Chief Economic Adviser Arvind Subramanian

India not politically fixing GDP numbers: CEA

Economists have raised doubts on India's 2016-17 growth forecast of 7.1 per cent despite note ban impact.

8 April 2017 11:40 AM IST

Chief Economic Adviser Arvind Subramanian

GDP to accelerate by 0.75 per cent in FY18: CEA

Economic growth slowed to 7.1 per cent in FY17, a year in which 87 per cent of currency was demonetised.

1 Jun 2017 9:09 AM IST

GDP stands for Gross Domestic Product.

Note ban impact: GDP growth dips to 7.1 per cent

Opposition was quick to attack the government over poor GDP growth in the last quarter of FY17.

1 Jun 2017 6:47 AM IST

Chief Economic Advisor Arvind Subramanian

MSPs should have an expiry date, says Subramanian

Chief economic adviser says problem of lack of self-sufficiency in foodgrain production gave birth to MSP.

16 Feb 2017 1:07 PM IST

Chief Economic Adviser Arvind Subramanian

Country needs bad bank badly: Subramanian

Chief Economic Adviser proposes setting up a public asset rehabilitation agency to fix balance sheet.

22 Feb 2017 5:48 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI panel snubs government on rate meet

This is being seen as the start of a confrontation between the ministry and the central bank.

8 Jun 2017 2:19 AM IST

Chief Economic Adviser Arvind Subramanian

FRBM fails to curb fiscal imbalances build-up: Arvind Subramanian

Chief Economic Adviser Arvind Subramanian said FRBM has not been able to stop building up of "dangerous" fiscal...

13 Jun 2017 8:58 PM IST

Chief Economic Advisor Arvind Subramanian

UBI only after withdrawal of welfare schemes: CEA

Subramanian's proposal in Economic Survey led to speculation on whether govt will implement UBI in country.

25 Feb 2017 10:48 AM IST

Chief Economic Advisor Arvind Subramanian

Only exports can get two-digit growth: CEA

Says free global market is imperative for India's growth.

9 Jun 2017 3:34 AM IST

Chief Economic Advisor Arvind Subramanian

Open market required for India to sustain 8-10 pc growth

Subramanian said, India has done a lot on FDI and more would help in attracting investment.

8 Jun 2017 1:47 PM IST