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Rbi Vs Govt

Insolvency law caused rift with govt: Former RBI governor Urjit Patel

Instead of future-proofing gains, atmosphere to go easy on the pedal ensued, says his book

Insolvency law caused rift with govt: Former RBI governor Urjit Patel
Updated On : 24 Jul 2020 | 11:51 PM IST

How the stressed asset problem snowballed into a tussle between RBI, govt

An exclusive excerpt from A K Bhattacharya's 'The Rise of Goliath'

How the stressed asset problem snowballed into a tussle between RBI, govt
Updated On : 27 Jul 2019 | 1:01 AM IST

Jalan panel proposes 'nominal' transfer of RBI funds to govt over 3-5 years

The committee has recommended a periodic review of the RBI's economic capital framework, according to a source

Jalan panel proposes 'nominal' transfer of RBI funds to govt over 3-5 years
Updated On : 18 Jul 2019 | 8:26 AM IST

Viral Acharya's RBI exit marks end of an unsuccessful UPA-era experiment

The import of academics without any government experience at top Indian institutions was based on the belief that a mere knowledge of academic economics would be enough to serve in government

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Updated On : 26 Jun 2019 | 1:49 PM IST

RBI governor Urjit Patel parries all questions about spat with government

According to central bank sources, the government had sent three letters to the RBI before October 10 with nearly a dozen demands, which were replied to within a week

RBI governor Urjit Patel parries all questions about spat with government
Updated On : 05 Dec 2018 | 6:26 PM IST

RBI vs MoF: Pot, kettle & citizens

Both the RBI and the MoF are responsible for the humungous mess of bad loans in public sector banks, the disastrous train wreck called IL&FS, and the blunder called demonetisation

RBI vs MoF: Pot, kettle & citizens
Updated On : 26 Nov 2018 | 12:04 AM IST

RBI: Autonomy and accountability

RBI autonomy, though a must, has to go hand in hand with a clear structure of accountability

RBI: Autonomy and accountability
Updated On : 25 Nov 2018 | 11:55 PM IST

18 angry men and two staid questions

With apologies to Oscar Wilde, losing one RBI governor may be regarded as a misfortune; losing two would have looked like carelessness

18 angry men and two staid questions
Updated On : 22 Nov 2018 | 11:23 PM IST

Why the RBI had to blink in its confrontation with the finance ministry

The first lesson to learn from this brinkmanship is that the RBI and the govt must always talk their differences out, and it is the RBI's job to convince the govt that it is doing the right thing

Why the RBI had to blink in its confrontation with the finance ministry
Updated On : 22 Nov 2018 | 8:00 AM IST

Chidambaram attacks govt over rocky ties with RBI, questions GDP numbers

Chidambaram accused the government of "meddling" with the methodology of calculating the GDP numbers

Chidambaram attacks govt over rocky ties with RBI, questions GDP numbers
Updated On : 22 Nov 2018 | 1:35 AM IST

Letter to BS: RBI board, in a way, borrowed time to understand all views

Let us hope that the committee that will examine the adequacy of capital and reserves for the RBI will resolve issues such as sources for funding of shortfall

Letter to BS: RBI board, in a way, borrowed time to understand all views
Updated On : 22 Nov 2018 | 12:18 AM IST

Letter to BS: Lower capital requirement would allow PSBs to lend more

It is true that any relaxation of prompt corrective action (PCA) would result in enhanced flow of credit

Letter to BS: Lower capital requirement would allow PSBs to lend more
Updated On : 22 Nov 2018 | 12:06 AM IST

RBI truce with govt positive for rupee assets; knee jerk gains in bonds:DBS

Banking system liquidity is in deficit in this holiday-shortened week and will get a hand from the RBI's open market operations, according to DBS

RBI truce with govt positive for rupee assets; knee jerk gains in bonds:DBS
Updated On : 20 Nov 2018 | 9:11 AM IST

Govt wants to 'capture' RBI to control its Rs 9-trn reserves: Chidambaram

In a series of tweets, the former finance minister also claimed that the government and RBI was heading towards a "confrontation" in the Monday's board meeting of the bank

Govt wants to 'capture' RBI to control its Rs 9-trn reserves: Chidambaram
Updated On : 19 Nov 2018 | 2:36 AM IST

RBI board meeting on Monday; may reach common ground on some key issues

Patel and his four deputies will present a united front, while a few independent directors too are expected to support the central bank's mission to clean up bank balance sheets

RBI board meeting on Monday; may reach common ground on some key issues
Updated On : 18 Nov 2018 | 3:30 PM IST

Rahul Bajaj lauds Urjit Patel for defending RBI, warns govt on Section 7

As part of the reconciliation process, each side will have to cede a bit, Bajaj said

Rahul Bajaj lauds Urjit Patel for defending RBI, warns govt on Section 7
Updated On : 16 Nov 2018 | 12:37 AM IST

Govt vs RBI: Urjit Patel meets PM Narendra Modi amid ongoing tussle

Talks come ahead of the meeting of the RBI's central board on November 19

Govt vs RBI: Urjit Patel meets PM Narendra Modi amid ongoing tussle
Updated On : 13 Nov 2018 | 1:49 AM IST

RBI's Urjit Patel seen at PM's office, may have met Modi on Nov 9: Report

The meetings, which some said also included with the Prime Minister, came amid a face-off between the central bank and the finance ministry

RBI's Urjit Patel seen at PM's office, may have met Modi on Nov 9: Report
Updated On : 12 Nov 2018 | 10:19 PM IST

RBI vs govt: PM needs Rs 3.6 trn to fix his self-created mess, says Rahul

Gandhi urged RBI Governor Urjit Patel to 'stand up' to the prime minister and 'protect the nation'

RBI vs govt: PM needs Rs 3.6 trn to fix his self-created mess, says Rahul
Updated On : 06 Nov 2018 | 4:50 PM IST