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  RBI Governor Urjit Patel bats for public sector banks' merger, says it could help banking system

  April 25, 2017 21:12 IST

  RBI Governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are consolidated to have fewer but healthier entities.

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  Where would Apple, IBM be if not for talent from across world: RBI chief Urjit Patel

  April 25, 2017 11:02 IST

  RBI Governor Urjit Patel on Monday wondered where would giant US corporations like Apple, Cisco and IBM be if they had not sourced the best products and talent from abroad.

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  ‘Moral hazard’: RBI reacts to govt’s promise of farm loan waiver

  April 06, 2017 20:15 IST

  Two days after the Uttar Pradesh government cleared a proposal to waive off crop loans totalling Rs 36,359-crore, the Reserve Bank of India (RBI) today frowned upon it, terming it as a ‘moral hazard’.

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  RBI keeps repo rate unchanged at 6.25 pc, hikes reverse repo rate to 6 pc

  April 06, 2017 15:21 IST

  At its last policy review in February, while holding rates at 6.25 per cent, the central bank had changed its policy stance from ‘accommodative’ to ‘neutral’.

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  RBI unlikely to cut rates in today’s monetary policy review

  April 06, 2017 10:21 IST

  The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its two-day meeting yesterday here, with experts saying that the central bank is likely to hold the rates in view of hardening inflation.

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  RBI Governor gets salary hike; monthly basic pay jumps to Rs 2.5 lakh

  April 02, 2017 14:45 IST

  RBI Governor Urjit Patel and his deputies have got a big pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively.

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  RBI governor Urjit Patel to be summoned again, this time over banned notes deposited post demonetisation

  March 23, 2017 18:23 IST

  A Parliamentary Panel has decided to summon Reserve Bank of India Governor Urjit Patel again to ascertain how much of the junked currency has been deposited in banks post note ban. The meeting of the

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  RBI Governor gets threat mail to quit, sender held in Nagpur

  India | March 05, 2017 15:53 IST

  A 37-year-old man was detained by Nagpur police for allegedly sending a threat mail to Reserve Bank of India Governor Urjit Patel asking him to quit the job, police said on Sunday. The RBI governor

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  Urjit Patel signed Rs 2,000 notes when Raghuram Rajan was still RBI governor: report

  February 17, 2017 12:43 IST

  The newly launched Rs 2,000 notes were signed by Urjit Patel when his predecessor Raghuram Rajan was still the RBI governor, according to a report in Hindustan Times.

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  RBI Governor Urjit Patel nudges banks to reduce lending rates

  February 11, 2017 23:03 IST

  Reserve Bank of India (RBI) Governor Urjit Patel on Saturday exhorted banks to reduce their lending rates to push credit demand in laggard segments, saying banks have benefited from influx of low-cost deposits and its

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  RBI to set up panel on strengthening cyber security

  February 08, 2017 18:25 IST

  RBI today decided to set up an inter-disciplinary panel on cyber security to examine various threats and suggest measures to deal with it.

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  RBI keeps lending rate unchanged at 6.25 pc, pegs 7.4 pc growth rate for 2017-18

  February 08, 2017 15:07 IST

  For the second time in a row, the Reserve Bank of India (RBI) today kept its key lending rate unchanged at 6.25 per cent at its sixth and final monetary policy review for 2016-17.

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  Flow of currency to normalise soon: RBI Gov Urjit Patel tells PAC

  January 20, 2017 16:30 IST

  Reserve Bank of India (RBI) Governor Urjit Patel today said that the cash flow in the country will soon be as normal as before. Patel, according to sources, said this before the Public Accounts Committee

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  'Don't put him to odd questions': How Manmohan Singh saved Urjit Patel from grilling

  National | January 18, 2017 21:26 IST

  RBI Governor Urjit Patel on Wednesday appeared before a parliamentary committee to answer questions on demonetisation issue but was saved by former PM Manmohan Singh from possible grilling.

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  Parliamentary panel to grill RBI Governor Urjit Patel on demonetisation today

  January 18, 2017 14:16 IST

  Reserve Bank of India (RBI) Governor Urjit Patel will today present himself before the Parliament’s Standing Committee on Finance to face questions on the demonetisation drive.

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  Government respects RBI's autonomy and independence, Finance Ministry clarifies

  January 14, 2017 18:44 IST

  A day after the employee unions of the Reserve Bank of India expressed their resentment against alleged interference of the government in the central bank's affairs, the Finance Ministry today said that it fully respects

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  ‘Feeling humiliated’ post note ban, RBI union writes to Urjit Patel

  January 13, 2017 23:41 IST

  Staging a protest against operational “mismanagement” post demonetisation decision, the Reserve Bank of India (RBI) officials on Friday wrote to Governor Urjit Patel. In a letter, they said autonomy and image of RBI has been

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  RBI refuses to answer questions on ‘demonetisation’ citing threat to life: Report

  January 13, 2017 17:22 IST

  The Reserve Bank of India (RBI) has refused to answer certain questions on ‘demonetisation’ citing danger to life and national security, according to a media report.

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  Demonetisation will have transformative effect on Indian economy: RBI Governor

  December 30, 2016 9:18 IST

  RBI Governor Urjit Patel today said the demonetisation exercise will have "far reaching changes" towards a transformative effect on the economy going forward, despite some short-term disruptions and "public hardship".

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  New restrictions on deposits ‘desperate measures of desperate govt’: Chidambaram

  National | December 20, 2016 17:44 IST

  Former Finance Minister P Chidambaram today said the new RBI cap on deposits of has left the poor and middle class high and dry and termed it as a desperate measures of a desperate government.