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Tag Archives: RBI

Government mostly gets its way, but RBI has a deal it can live with

MUMBAI/ DELHI: Tensions between the government and the Urjit Patel-led Reserve Bank of India eased on Monday with the RBI appearing to climb down on several issues pushed by New Delhi, such as loan restructuring for small businesses, easier norms ...

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RBI: RBI and govt signal truce, send contentious issue of surplus to expert panel

MUMBAI: Signalling a temporary truce, the Reserve Bank and the government on Monday agreed to refer to an expert committee the contentious issue of appropriate size of reserves that the RBI must hold, while restructuring of stressed loans of small ...

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RBI meeting: RBI board agrees to improve liquidity, increase credit to small businesses: Sources

MUMBAI/NEW DELHI: The board of the Reserve Bank on Monday agreed to ease liquidity for the financial sector and increase credit to small businesses, two sources present at the meeting said. The move comes in response to pressure from Prime ...

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RBI concludes day-long board meeting

MUMBAI: The Reserve Bank of India has concluded a critical day-long board meeting, a source familiar with the situation told Reuters. It wasn’t immediately clear whether the central bank had come to any conclusions in a dispute with the government ...

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RBI board meets amid row with government, markets on guard | India News

NEW DELHI: The much-awaited meeting of the RBI board is currently underway and is likely to see the government insist that the regulator immediately announce implementation of decisions taken at the last meeting to prevent the confrontation from intensifying further. ...

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Roll out agreed steps, government may insist at RBI board meet today

NEW DELHI/ MUMBAI: The much-awaited meeting of the Reserve Bank of India board today is likely to see the government insist that the regulator immediately announce implementation of decisions taken at the last meeting to prevent the confrontation from intensifying ...

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RBI board meeting on Monday; likely to reach common ground on some key issues

NEW DELHI: The ongoing rift with the government is set to play out at the Reserve Bank of India’s (RBI) crucial board meeting Monday, with the finance ministry nominees and some independent directors expected to take on governor Urjit Patel ...

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Don’t throttle credit flow, FM tells RBI ahead of key meet

MUMBAI: Two days ahead of Reserve Bank of India’s crucial board meeting, the government is focused on one big ask from the central bank – ensure that credit and liquidity supply is not throttled, and that there is no sectoral ...

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Aid infrastructure creation to boost growth, Nitin Gadkari tells RBI

MUMBAI: Union minister Nitin Gadkari on Saturday blamed RBI circulars for “complicating” project finance, and asked the central bank to aid infrastructure creation in the country and push up the growth rate. The road transport minister said over 150 projects ...

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Swaminathan Gurumurthy: Saffron ideologue slams RBI policies ahead of board meet

NEW DELHI: In an indication that the crucial meeting Reserve Bank of India board on Monday could see fireworks between the RBI and government nominees, swadeshi ideologue and independent director S Gurumurthy on Thursday went public with his sharp criticism ...

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