India should drive growth without depending on rate cuts: Acharya
Acharya, who quit RBI ahead of his tenure coming to an end last year, said India has to devise ways of pushing up growth in a structural manner and not by "pump-priming" measures like easy credit and easy liquidity.
View: As an instrument of monetary policy, inflation targeting has outlived its utility
A major problem with inflation targeting has been tha...
View: IBC remains suspended but its spirit lives on
However, Reserve Bank of India (RBI) Resolution Framework for Covid-19 Related Stress (RB...
View: Reserve Bank of India’s loan restructuring; atoning past sins
After months of debate, Governor Das unveiled one that rested on the Prudential Framework for Resolution of Stressed Assets issued in June 2019, a palatable formula born out of a legal tussle between bankrupt borrowers and a regulator entrusted with safeguarding the common man’s nest egg.
PMC Bank depositors seek views of RBI ex-Guv Urjit Patel, his deputy Viral Acharya
PMC depositors have sought the views of RBI ex-Guv Urjit Patel and his deputy Viral Acharya on several issues, including monetisation of the attached assets and merger with large private banks.
Great Eastern Shipping appoints former RBI Guv Urjit Patel as additional director
"Patel has been appointed Chairman of the Governing Body of the National Institute of Public Finance and Policy. He serves on the Investment Advisory Committee of the Army Group Insurance," GE Shipping said, providing a brief profile of Patel.
Fiscal mismanagement is the root cause of India's economic issues, says Viral Acharya
As a deputy governor at the Reserve Bank of India, Viral Acharya drove banking sector reforms, brought in systems to fix regulatory leakages and block escape routes used by unscrupulous corporates. Acharya quit months before his term was due to end, fighting for the regulator’s autonomy.
Urjit Patel quit as government undermined RBI’s autonomy, says Viral Acharya in his new book
Acharya’s book is a compendium of his speeches, research and comments as member of the Monetary Policy Committee — mostly concerned with central banking.
What led to Urjit Patel's premature exit from the RBI? Inside his tell-all book
“Instead of buttressing and future-proofing the gains thus far, an atmosphere to go easy on the pedal ensued. A case of our old failing of a premature pronouncement of victory, perhaps? Until then, for the most part, the finance minister and I were on the same page, with frequent conversations on enhancing the landmark legislation’s operational efficiency.''
Urjit Patel's new book spills the beans on his exit from RBI
Former RBI Governor Urjit Patel's new book points to reasons that led to his exit from the Central Bank in 2018. It suggests that the RBI's ...
Fear of 3Cs either red herring or exaggeration behind which bankers take shelter to not protect depositors' interest: Urjit Patel
Patel makes these remarks in his book "Overdraft: Saving the Indian Saver" in which he talks of banking crisis and tells how he worked out the '9R' strategy during his tenure when the problem of unsustainable bad debts or NPAs in the Indian banking sector was at its peak.
Former RBI Governor Urjit Patel says new bankruptcy law caused rift with government
The rift centered around a February 2018 circular issued by the RBI, which forced banks to immediately classify borrowers as defaulters when they delayed repayments, barred defaulting company founders from trying to buy back their firms during insolvency auctions, and push them into bankruptcy if a resolution timeline wasn’t met.
Former RBI Governor Urjit Patel appointed as NIPFP Chariman
The appointment indicates a return to the fold of the finance ministry after Patel resigned as RBI governor in 2018 citing personal reasons, with nine months remaining in his term.
Former RBI Governor Urjit Patel appointed as NIPFP Chariman, to replace Vijay Kelkar
Former Reserve Bank of India (RBI) governor Urijit Patel has been appointed as the chairperson of National Institute of Public Finance and P...
India should keep public finances healthy: Former RBI chief Urjit Patel
India must keep public finances healthy to save financial sector from a possible second wave of risks, Patel said.