The case is likely to meet a dead end as Information Commissioner Sridhar Acharyulu will complete his term in the panel on November 20 which will be his last date of working
CIC has asked Patel to explain why a maximum penalty should not be imposed on him for 'dishonouring' the court verdict, which had upheld a decision calling for disclosure of names of wilful defaulters
In "public interest", let's make public why the government is "directing" the RBI and why the central bank is not toeing the line
As Urjit Patel completes two years in office as the RBI Governor, the jury is still out whether he has been a 'hawk or a 'dove'
One does not know, or for that matter may never know, whether Patel believed in demonetisation or not
Finally, on Wednesday, the RBI governor stopped counting - and began his own reckoning
Urjit Patel had on Tuesday told the Parliamentary Standing Committee on Finance that no central bank nominee should be on the boards of public sector banks
Patel on Tuesday appeared before the panel, whose members include former Prime Minister Manmohan Singh, to brief it on mounting non-performing assets (NPAs), recent frauds in banks, and other issues
Sources said the governor assured the members that steps were being taken to strengthen the system
RBI Governor Urjit Patel told the panel that steps were being taken to strengthen the banking system
The RBI Governor is expected to be questioned on the amount of cash returned post demonetisation, the PNB fraud, and the mounting bad loans of banks.
Former prime minister Manmohan Singh, who is a member of the committee, is likely to attend the meeting on June 12
Patel had recently said that the RBI doesn't have adequate powers to deal with pubic sector banks
There are inconsistencies and weaknesses in our banking regulation systems is now a given; the issue is to make systemic corrections and set it right
RBI had identified, based on cyber risk considerations, the exact source of operational hazard - through which we understand now how the fraud had been perpetrated
Patel said the correction in the last few days underscores that market indices can move pretty quickly
He was speaking at an international banking seminar of G-30 nations at Washington on Oct 15
India's agrarian economy is the source of around 15 per cent of GDP
Members in panel are likely to ask Patel about how much money has come back into system
Urjit Patel raises flag against protectionism