Page 2 - Rbi Vs Government

RBI vs government in 2018: A 'husband-wife' relation that turned stormy

The genesis of differences between the RBI and the government was one-day default norms announced by the central bank on February 12, 2018

Why RBI cannot pay Rs 3.6 trillion to govt

Neither the foreign exchange, nor the gold, and certainly not the revaluation reserve should be available for spending by anyone

Shaktikanta Das must follow 'dharma' to protect RBI autonomy: C Rangarajan

Rangarajan said there is also a need for the Central Statistics Office to disclose a few essential details on the recent change in GDP computation

Why should the government own the RBI?

When it comes to borrowing, governments behave exactly like any private citizen, says the author

In RBI policy meeting, Urjit Patel had favoured status quo on repo rate

The RBI had kept the repo rate -- at which it lends to banks -- at 6.50% in the MPC review held between Dec 3-5

Govt to seek interim dividend from RBI, funds for public banks: S C Garg

The Finance Ministry is likely to seek approval from Parliament for additional funding for state-run banks on Thursday

Decision on excess reserves should rest with RBI alone: Kaushik Basu

The issue of parting with a portion of RBI reserves, which as of June stood at Rs 9.43 trillion, to the government has been a contentious issue between the government and the RBI for a long time

RBI vs govt: Regulators can't work in isolation, says Arun Jaitley

Without specifying RBI, he said there is a need for regulators to consult all the stakeholders as that is when one gets a "feel of the market"

Govt-RBI relationship like of 'husband-wife', says Ex-PM Manmohan Singh

The comments came against the backdrop of Urjit Patel resigning as RBI Governor earlier this month amid a tussle between the central bank and the finance ministry

RBI vs govt: We didn't ask for Urjit Patel's resignation, says Arun Jaitley

Govt doesn't need a single penny from RBI in this fiscal, said Arun Jaitley

RBI-govt rift: What was the fuss about?

Within 48 hours of Urjit Patel's resignation, Mr Das assumed charge at the RBI

Government meddling in RBI affairs may hit Indian banking system: S&P

S&P Global Ratings views as credit negative the circumstances leading to the recent resignation of Urjit Patel as governor of the Reserve Bank of India (RBI)

Giving excess reserve to govt may pull down RBI credit rating, warns Rajan

RBI's board last month decided to set up a committee for examining the economic capital framework to determine the appropriate levels of reserve the central bank should hold

Public credit registry better for SMEs, not special norms: Viral Acharya

Work on the registry is happening in a 'modular' manner and it will take three-five years before every financial transaction is recorded, Acharya said

India's zombie raj: Companies on life support, and distressed banks

Given Indian corporates' high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks

'Indira Gandhi 2.0': RBI coup, CBI fight signs of Modi's authoritarian ways

One institution that is standing firm is India's Supreme Court, although it too has faced challenges

RBI vs govt: IMF says 'operational independence' of central banks important

IMF Director Gerry Rice said this in response to a question on the recent developments at the RBI

RBI board meets today with new worries emerging over its independence

Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das

Jaitley admits to 2-3 areas of differences between Centre and RBI

Jaitley said the differences with RBI included credit flow in the economy and liquidity support, and added that the government had initiated a "discussion" to convey its concerns

Modi govt thinks it owns RBI, doesn't understand its autonomy: Chidambaram

This government simply does not understand what a central bank's independence is, said P Chidambaram