Page 29 - Rbi Governor

Can't say when NBFC crisis will finish; trying to avoid contagion: RBI Guv

"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"

The governor and the media

In India, always late to catch up, the 1980s continued along the old lines - near zero mention of the governor's name even when the RBI was being covered

RBI Governor Shaktikanta Das to meet MSME, NBFC representatives next week

Reserve Bank Governor Shaktikanta Das Wednesday said he will meet representatives of MSMEs and non-banking financial companies (NBFC) next week. A day after the RBI announced a one-time loan restructuring scheme for the MSME sector, Das in a tweet said, "Will hold meetings with MSME associations and representatives of NBFCs next week." The RBI's board in its crucial meeting held on November 19, 2018, had advised the central bank examine a scheme for the restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs 25 crore, subject to such conditions as are necessary for ensuring financial stability. The liquidity problem in the non-banking financial companies and housing finance companies came to the fore after series of loan defaults by IL&FS, one of the largest NBFCs in the country. The government has superseded the board of IL&FS, and the debt-ridden company has already started the process to monetise its several assets.

Raghuram Rajan and Urjit Patel: Differing styles and a common mission

It is often difficult to separate the terms of the two RBI Governors, except that while Rajan was eloquent, Patel was quietly aggressive

Modi's cashflow woes get more bearable with new RBI governor in place

Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of 3.3% of gross domestic product

Shaktikanta Das: New RBI Governor's journey from North Block to Mint Street

Mild-mannered, Shaktikanta Das is known to rarely lose his cool and focus mostly on looking at solutions through consensus

A short history of RBI's turbulent relationship with the government

In 1979, a Special Secretary in the finance ministry called Manmohan Singh would give a sharp rap on the RBI's knuckles for not consulting the government over some issue

I offered Raghuram Rajan RBI deputy governor's post in 2014: Y V Reddy

In his autobiography, former RBI Governor Y V Reddy said he had offered Rajan deputy governor's post

Where would Apple, IBM, Cisco be if they'd not sourced talent, asks RBI Guv

Share prices of the most efficient corporations are where they are because of global supply chains

Letters: Undermining autonomy

With reference to Subhomoy Bhattacharjee's report, "Move to change RBI governor ranking" (August 22), it is not correct to consider the Reserve Bank of India governor as a regulator. Other regulators are responsible for specific segments of the economy, such as securities market and insurance, whereas the RBI governor is responsible for macroeconomic stability. RBI actions have a much wider impact on the economy and monetary policy supplements fiscal and other public policies.Making the RBI governor's position subordinate to that of the Cabinet secretary indicates the government's intention to undermine the central bank's autonomy and let the bureaucracy always have an upper hand.Outgoing RBI Governor Raghuram Rajan was seeking to upgrade the governor's position to that of a cabinet minister. The deputy chairman of NITI Aayog is of the rank of a cabinet minister; the national security advisor, who functions only in an advisory capacity, has the rank of a minister of state.It is clever

Janmejaya Sinha: An agenda for the new RBI governor

Three things need Patel's attention: cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services

Patel at RBI's helm: Voices

Many want Urjit Patel to cut interest rates to help revive private sector investments

RBI Governor need not be a 'rock star' to be successful: Fitch

The government on Saturday elevated Urjit Patel as the 24th Governor of the Reserve Bank

Market outlook: Appointment of new RBI Governor to add positive vibes

Market observers see Urijit Patel's appointment as a positive development and expect equity markets to give a mildly positive reaction

Jaitley meets PM over new RBI Guv's appointment

Top contenders for the RBI Governor's post are current Deputy Governor Urjit Patel and former deputy governor Subir Gokarn

New RBI chief unlikely before August policy meeting, Kaushik Basu said to be in fray

Also still in contention are RBI deputy governor Urjit Patel, former deputy governor Subir Gokarn and SBI chief Arundhati Bhattacharya

Abheek Barua: Can the new RBI governor be a dove?

To cut interest rates, the central bank head has to open up a debate on inflation target revision

A K Bhattacharya: Changed world of RBI governors

All new RBI governors will now have to deal with the committee system, perhaps giving up many of the powers their predecessors enjoyed

PMO is appointing authority of RBI Governor: Govt

Sources in the Finance Ministry said the government is close to picking a successor of Raghuram Rajan, whose reign will come to end on september 4

Govt may name Rajan's successor after Modi's Africa tour

All RBI Governors in past 23 years have got second term, a chain Rajan broke