The secretary's statement comes hours after RBI Governor Urjit Patel announced a cut in the growth forecast to 6.9 percent for the current fiscal, from 7.1 percent estimated earlier, even as he ...
Mumbai, Jul 5 () Urjit Patel, whose stint as the head of the central bank was one of the most tumultuous in recent times that ended with the rare event of an RBI Governor resigning, will be ...
RBI deputy Governor Urjit Patel will take over as the 24th Governor of the Reserve Bank after Raghuram Rajan's tenure ends in the first week of September. 52 year Patel has an M.Phil degree from ...
There have been resignations in the Reserve Bank of India (RBI), but governor Urjit Patel’s in 2018 over policy differences was a rare event in the history of the central bank, writes former finance ...
Reserve Bank of India governor Urjit Patel resigned for “personal reasons” on Monday, a decision analysts linked to intense pressure on the central bank from the government to ease regulatory ...
India's government promoted Urjit Patel, a deputy governor in charge of monetary policy at the Reserve Bank of India, to serve as its next governor for a three-year term, it said on Saturday.
In his last assignment as DG, Patra handled a bunch of responsibilities of RBI that directly shaped everyone of the above functions.
RBI Governor Urjit Patel also kept the Reverse Repo Rate changed at 5.75%. The six-member Monetary Policy Committee (MPC) is committed to bring CPI near 4% on durable basis. The FY17 GVA seen at 6 ...
RBI governor Urjit Patel’s resignation shows that on contentious economic issues there is no space for an amicable solution between the govt and the central bank in the current political scenario.
Urjit Patel, when the RBI and the government couldn't agree on matters like banking regulations and fiscal policy, Das was appointed as the 25th governor in 2018. Das assumed leadership with a ...
He will be succeeded by Revenue Secretary Sanjay Malhotra, who will assume the role of the 26th RBI Governor. Das, appointed on December 12, 2018, following the abrupt resignation of Urjit Patel ...
(Reuters) - India's newly minted monetary policy committee delivered a surprise 25-basis-point cut in the repo rate to 6.25 percent on Tuesday, as Reserve Bank of India Governor Urjit Patel ...