[ad_1] The Reserve Bank of India has reserves of £ 159 trillion, of which the government would require GBP 3.6 trillion to deal with the liquidity crisis in India. Photo: Reuters New …
Read More »Is the RBI really strict with banks under PCA?
[ad_1] It is for a good reason that RBI relied on industry experts to set the rules and turned to the board for general guidance. Photo: Mint Mumbai: One of the recent …
Read More »The government is preparing to put pressure on the governor of the RBI, Urjit Patel
[ad_1] NEW DELHI / MUMBAI: The Indian government intends to continue to demand that the country's central bank eases restrictions on borrowing and restores excess reserves even if this may lead to …
Read More »The board of directors of RBI should aim to look like Rahul Dravid, not Navjot Singh Sidhu: Raghuram Rajan
[ad_1] New Delhi: In the midst of the public quarrel between the Center and the Reserve Bank of India, Raghuram Rajan said Tuesday that the RBI was like a seatbelt, without which …
Read More »“In Public Interest”, Says Centre, On Talks With RBI Amid Rift: 10 Points
[ad_1] Government said that it holds “extensive consultations” with the central bank from time to time. Clarifying that the government holds “extensive consultations” with the central bank from time to time, the …
Read More »Indian currency slips on rumors about governor of RBI about to exit
[ad_1] The Indian currency lost ground on Wednesday because of rumors that Urjit Patel, governor of the Reserve Bank of India, was about to resign after a tense confrontation with the government …
Read More »RBI: Government softens autonomy
[ad_1] NEW DELHI: Discussions between the Reserve Bank of India and the government appeared to dissipate on Wednesday after the government issued a statement claiming that it respected the central bank's autonomy. …
Read More »Ligne relative à l'autonomie de la RBI: le gouvernement cite des pouvoirs jamais utilisés pour émettre des instructions afin de résoudre des problèmes avec la banque centrale
[ad_1] New Delhi: Le gouvernement a évoqué le pouvoir jamais utilisé auparavant de donner des instructions au gouverneur de la RBI afin de résoudre les différends avec la banque centrale, ont indiqué …
Read More »Government vs RBI: All you need to know about Section 7 of the RBI Act
[ad_1] The government has sent letters to the Reserve Bank of India (RBI) seeking consultations on key regulatory issues under a never-before-used provision in the law, according to sources. The government has …
Read More »RBI: Will the government invoke Sec 7 for the first time if the RBI blocking persists? | Business News in India
[ad_1] NEW DELHI: No government has invoked Section 7 of the Indian Reserve Bank Act of 1934 during its 83 years of existence. It is considered as an instrument of last resort, …
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