The much debated decision of RBI Governor Raghuram Rajan not to seek a second term in office has opened the doors for a lot of other potential candidates who could take over as India’s central banker post Rajan’s exit in September.
New Delhi: Ending months of speculation, India's central bank governor Raghuram Rajan on Saturday said he will step down when his term ends in early September. This decision caught many by surprise and also led
Raghuram Rajan today put rumour over his second term to rest, saying he will not accept another tenure as the head of the country’s central bank.
New Delhi: In a show of support for Raghuram Rajan, Infosys co-founder N R Narayana Murthy has said that Rajan deserves two more terms as the RBI Governor. Murthy said that the country is fortunate
New Delhi: The Reserve Bank of India has discovered that over one-third or 33 per cent of total installed ATMs across India do not function. The information was given out by Reserve Bank deputy governor
Union Finance minister Arun Jaitley today said that the government and the RBI are responsible institutions and decisions will be taken without being influenced by “any other factor”.
Noida:Sounding a word of caution to students on education loans, RBI Governor Raghuram Rajan today said they should not fall prey to 'unscrupulous schools' which leave them with high debt and "useless degrees". Observing
New Delhi: The government on Monday proposed to amend the RBI Act for setting up the Monetary Policy Committee consisting of six members and headed by RBI Governor to fix the benchmark interest rates and inflation
Reserve Bank of India has witnessed 22 Governors since its establishment on April 1, 1935, but none of them has got the kind of attention Raghuram Rajan has received.Such was the buzz surrounding the economist,
Mumbai: India's central bank Governor Raghuram Rajan today raised doubts over the new methodology adopted by India to compute GDP growth rate, calling for better computation of numbers to avoid overlaps and capture the net
Mumbai: Reserve Bank Governor Raghuram Rajan today slammed International Monetary Fund for staying on the sidelines and applauding accommodative policies of developed nations which have created ripples in the emerging markets.He said central banks across
New Delhi: Reserve Bank Governor Raghuram Rajan on Wednesday described Prime Minister Narendra Modi as being "ahead of us" but said his visits abroad need to be backed up with "action on the ground"."I think
New Delhi: The Finance Ministry today said the interest rate on small savings like PPF and post office deposits will be reviewed, but interest of small savers will be taken into account while doing so."It
Mumbai: Batting strongly for Aadhaar cards, RBI Governor Raghuram Rajan today sought greater clarity on the apex court ruling on the matter, saying its usage can help a deserving person get credit, avoid overborrowing by individuals and plug leakages."We
Mumbai: In a conciliatory move, RBI Governor Raghuram Rajan today seemed willing to concede space on the vexed issue of veto power for the central bank chief and said a "broad consensus" has been reached
New Delhi: In a new twist, an FSLRC member has said the draft bill seeking to clip RBI chief's veto in deciding interest rates does not reflect the views of the panel and it actually
New Delhi: Finance Minister Arun Jaitley on Monday said the government will -- after receiving comments from stakeholders -- decide on the draft Indian Financial Code, which proposes to remove the RBI governor's veto right
New Delhi: In a move that may dilute powers of Reserve Bank of India (RBI) chief, the government today proposed taking away his authority to veto the interest rate decision of the central bank's monetary
Chennai: Ahead of the 2015-16 Budget, Finance Minister Arun Jaitley today said there was a need to rationalise all subsidies and ensure stability in policies to attract investment and drive growth. “From January 1 LPG
New Delhi: Finance Minister Arun Jaitley today sought to dispel the impression that he had taken on RBI Governor Raghuram Rajan on interest rate saying he had only suggested steps to boost India's manufacturing capabilities.
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