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News
RBI-government rift
RBI-government rift News
Capital surplus
20 Nov 2018
Expert committee to look into issues concerning capital surplus: RBI
Further, the apex bank has been advised to consider a scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs 25 crore, subject to such conditions as are necessary for ensuring financial stability, it added.
RBI-govt truce
20 Nov 2018
Exit mechanism for banks under PCA crucial: Sanjeev Sanyal
Out of the 21 state-owned banks, 11 are under the PCA framework at present.
RBI-govt truce
20 Nov 2018
RBI, govt signal truce; sends contentious issue of surplus to expert panel
The expert committee to be set up will now decide about the adequate size of capital base.
RBI-govt tensions
20 Nov 2018
Easing tensions between RBI, govt positive for INR assets: DBS
INR bonds have retained recent gains but struggled to make further headway.
RBI-government rift
19 Nov 2018
Rahul Gandhi has a `strong message` as crucial RBI meeting with govt begins
The RBI is also expected to consider a special dispensation for MSMEs and NBFCs which have been facing liquidity issues.
RBI-government rift
08 Nov 2018
Modi government trying to capture RBI ahead of LS poll: P Chidambaram
Recently, the government cited never-used before provisions of law that gives it powers to issue directions to the RBI on mattes of public interest to resolve certain issues.
India capital requirements
07 Nov 2018
Indian norms on PCA, capital are conservative, rule-based: SBI Report
It did not call for any relook in the report which comes amid a heated debate between the Government and the RBI over such aspects.
RBI-government rift
07 Nov 2018
Gov vs RBI: Governor Urjit Patel could resign on November 19
The government and the RBI have been fighting for weeks over how much autonomy the RBI should have.
Reserve Bank of India
06 Nov 2018
Play like Dravid, not Sidhu: Raghuram Rajan draws cricketing parallel for RBI
Rajan has defended the central bank`s call for greater autonomy from the government.
RBI autonomy
02 Nov 2018
RBI vs Govt: IMF says monitoring situation in India; bats for RBI's autonomy
There were reports of mounting tension between the Ministry of Finance and the Reserve Bank of India.
Reserve Bank of India
31 Oct 2018
RBI Governor Urjit Patel may not quit, resignation reports baseless
Sources told Zeebiz that the reports of his resignation are utterly baseless.
Reserve Bank of India
31 Oct 2018
Govt vs RBI: What is Section 7 of the RBI Act?
The alleged rift between the RBI and the government has spilled into the public domain recently.
Reserve Bank of India
31 Oct 2018
Govt-RBI consultations are never made public, says FinMin amid reports of rift
The government statement comes after reports that it has invoked never-before-used powers under Section 7 of the RBI Act.
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