Patel's abrupt resignation will raise many questions about the testy relationship the central bank had with government representatives in the board of RBI
On Monday, Urjit Patel resigned from the position of RBI governor citing personal reasons
RBI Governor Urjit Patel indicated that the policy course could change soon, depending upon the movement in oil prices
Acharya has been a strong proponent of cleaning up bad debt on banks' books and is an active supporter of the PCA framework for weaker public sector banks
The borrowing from banks and financial institutions comes to about Rs 630 billion
Patel calls board meeting on Nov 19; govt lays stress on central bank autonomy
Market players said the statement issued by the government to defuse the tension with the RBI had helped market sentiment
There are 11 public sector banks and one private sector bank, Dhanlaxmi Bank, undergoing PCA, which they came under between February 2014 and January 2018
Barring a few, not many are willing to invest in this liquidity-deficit market
Non-banking finance companies are also walking the extra mile to assure investors that they are in the pink of health
Amalgamated entity to be third-largest lender; govt to continue to provide capital support
The rupee closed at 71.57 a dollar, down from its previous record close of 71.18. Other emerging markets currencies also fell against the dollar
The bond market has started showing some fatigue on prospects of the rising supply of papers
The rupee should consolidate around the present level, but global sentiments could push it back to 72-72.5 a dollar level
Government exhausts deposits; experts say expenditure would be on the rise before elections
Green bonds are regular bonds, the proceeds of which are used to fund sustainable green projects
According to the India Ratings and Research, companies rated 'BBB' and below will have a total refinancing, and working capital renewal need of Rs 1.4 trillion to Rs 1.7 trillion in the current fiscal
He is expected to be put in charge of banking supervision, among other duties
The 10-year yields closed at 7.85 per cent on Friday. It is a rather sharp move up from the 6.5 per cent level in August, when the Reserve Bank of India (RBI) cut its policy repo rate.
After remaining stable for a considerable period, the rupee has started sliding rapidly against the dollar