RBI Versus Government

The committee said it will become a precedent for using rupee depreciation to fund fiscal expenditure

In the first fortnight of November, NBFCs were able to issue CPs worth Rs 1.03 trillion as against debt of Rs 726.8 billion that was set to mature during this period

Govt has made up its mind it will not use a contentious provision of the RBI Act to issue directions on its suggestions to the central bank, sources said

Most of the recent rise in RBI reserves has happened due to appreciation of the dollar

RBI board member S Gurumurthy made a case for enhancing credit for the MSME sector