ECONOMY

RBI

Fine, Mr Urjit Patel! Now, What is your take on corporate loan waivers and tax concessions?
12.04.17 05:03 as RBI - Devinder Sharma

This smacks of double standards. Soon after Uttar Pardesh Chief Minister Yogi Adityanath announced a Rs 36,359-crore farm loan waiver, benefitting more than 95 lakh small and marginal farmers, the Reserve Bank of India governor Urjit Patel has lamented that any such move ‘undermines honest ...
  


Banks to remain closed on April 1: RBI
29.03.17 05:33 as RBI - team pt

Reversing its earlier order, the Reserve Bank (RBI) today said the bank branches dealing in government businesses need not remain open on April 1 in view of the annual closing business.

In its earlier directive on March 24, the RBI had asked all authorised banks to ...
  


RBI's image dented beyond repair post demonetisation, bank staff write to Chief Urjit Patel
14.01.17 11:48 as RBI - TEAM PT

Employees of the Reserve Bank have taken strong exception to the recent measures involving the demonetisation of Rs 500 and Rs 1,000 notes, stating that the government "is impinging on the RBI’s autonomy and its statutory as well as operational jurisdiction”.
 
The employee unions of the ...
  


Defaulters Should Not Be Named And Shamed : Raghuram Rajan
05.04.16 06:25 as RBI - pt team

RBI Governor Raghuram Rajan has advocated on Tuesday that the Supreme Court should keep confidential the list of defaulters that owe Rs 500 crore or more to public sector banks. 

Citing the example of credit card default, Dr Rajan said, "Sometimes you default on your credit ...
  



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