Page 2 - Urjit Patel

Policy credibility

Monetary policy framework should not be undermined

RBI's relaxation for banks to lend Rs 3.5 trillion extra set to end

The headroom will not be available in FY21, unless public sector banks are adequately recapitalised

Part Panglossian, part floccinaucinihilipication: Governor Das marches on

Sachin Chaturvedi, a member of the Central Board of RBI, describes Das as a person who brings in pragmatism, commitment, transparency and sincerity to the table.

Slowdown to bad debts: Shaktikanta Das's balancing act is becoming tougher

As the economy slows, the Reserve Bank governor will find it tough to keep all the balls in the air in the many roles he performs.

RBI's bonanza is an umbrella to a govt that denied existence of clouds

The central bank is coming to its rescue, and without running any immediate risk of exposure to its own credibility

'Plenty of blame to go around': Urjit Patel admits RBI failed on bad loans

Former RBI governor Urjit Patel says banks indulged in over-lending, while the government did not 'fully play' its role.

Imported horsemen: In Acharya, last one also departs; is India the loser?

Amid several macroeconomic challenges today, the government might have benefited from 'Harvard' economists' advice, but, judging by past record, it might not have paid them much heed, writes T N Ninan

Urjit Patel: Was he one of the weakest or finest RBI governors ever?

The reticent former central bank governor sought to put the institution ahead of personality, yet his cryptic resignation letter spoke volumes about the RBI-government relationship

Hardly 'personal'; wholly 'institutional'

With Urjit Patel's sudden resignation, we may see the end of the era of the RBI's operational independence, and a resurgence of greater interference from the central government

Banking stocks trade in the green despite RBI guv Urjit Patel's resignation

YES Bank gained most, up 7%, trailed by Punjab National Bank, State Bank of India, and Bank of Baroda

Urjit Patel resigned at sensitive time; could hurt market sentiments: DBS

Beyond sentiments, markets will seek clarity on Governor Patel's successor, with the likelihood that one of the current Deputy Governors might take over the mantle

PM Modi got into action on Monday evening to choose next RBI governor

While the buzz on a bureaucrat getting the top seat at Mint Road grew louder, Surjit Bhalla's exit from the Prime Minister's Economic Advisory Council changed the direction of the narrative

Urjit Patel's sudden exit from RBI sends shock waves to nervous markets

Unexpected resignation hurts the central bank's credibility and is likely to provoke a 'fierce response' from markets

Urjit Patel, the RBI Governor with few spoken words but tall actions

On Monday, Urjit Patel resigned from the position of RBI governor citing personal reasons

Demonetisation impact transient; economy now robust: RBI Guv to house panel

His views on the economy were "optimistic", sources said

RBI Governor Urjit Patel to submit written answers to questions by MPs

Sources said RBI Governor Urjit Patel made a presentation about the state of the economy as well about the world economy to the committee

RBI Governor Urjit Patel briefs parliamentary panel on demonetisation, NPA

Patel was earlier scheduled to appear before the panel on November 12

RBI seeks till Nov 26 to respond to CIC's show-cause to Urjit Patel

The case is likely to meet a dead end as Information Commissioner Sridhar Acharyulu will complete his term in the panel on November 20 which will be his last date of working

RBI's Urjit Patel gets CIC notice for not disclosing wilful defaulters list

CIC has asked Patel to explain why a maximum penalty should not be imposed on him for 'dishonouring' the court verdict, which had upheld a decision calling for disclosure of names of wilful defaulters

The options before Urjit Patel

In "public interest", let's make public why the government is "directing" the RBI and why the central bank is not toeing the line