Page 10 - Rbi Governor

Room for more rate cuts but govt has little room for fiscal expansion: Das

"Despite rising external risks, domestic economy is resilient as foreign debt is only 19.7 per cent of GDP," said the RBI governor

Utilising RBI's revaluation balances a moral hazard: Bimal Jalan panel

The committee said it will become a precedent for using rupee depreciation to fund fiscal expenditure

Time to formally link rates to repo, says RBI Governor Shaktikanta Das

Shaktikanta Das likely to initiate required steps in coming weeks

The importance of being Acharya's successor

There have been many instances of the deputy governor in charge of monetary policy moving into the corner room in RBI

RBI Governor Shaktikanta Das takes public sector banks to task on rate cut

Das says banks must improve their recovery mechanism

Banks so far passed on only 29 bps to borrowers of RBI's 75 bps cuts: Das

He said banks have taken this stance despite financial markets, on which they depend for money, moving in tandem with the RBI actions and fully absorbing them rate cuts

Uncertain times ahead, EMs lack safety net: RBI governor Shaktikanta Das

The general government debt of AEs as a group has surpassed 100 per cent of gross domestic product (GDP), whereas the fiscal space is also constrained in many of these countries

Can't say when NBFC crisis will finish; trying to avoid contagion: RBI Guv

"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"

The governor and the media

In India, always late to catch up, the 1980s continued along the old lines - near zero mention of the governor's name even when the RBI was being covered

RBI Governor Shaktikanta Das to meet MSME, NBFC representatives next week

Reserve Bank Governor Shaktikanta Das Wednesday said he will meet representatives of MSMEs and non-banking financial companies (NBFC) next week. A day after the RBI announced a one-time loan restructuring scheme for the MSME sector, Das in a tweet said, "Will hold meetings with MSME associations and representatives of NBFCs next week." The RBI's board in its crucial meeting held on November 19, 2018, had advised the central bank examine a scheme for the 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. The liquidity problem in the non-banking financial companies and housing finance companies came to the fore after series of loan defaults by IL&FS, one of the largest NBFCs in the country. The government has superseded the board of IL&FS, and the debt-ridden company has already started the process to monetise its several assets.

Raghuram Rajan and Urjit Patel: Differing styles and a common mission

It is often difficult to separate the terms of the two RBI Governors, except that while Rajan was eloquent, Patel was quietly aggressive

Modi's cashflow woes get more bearable with new RBI governor in place

Getting the RBI to share its capital will help the government boost growth without missing its budget deficit goal of 3.3% of gross domestic product

Shaktikanta Das: New RBI Governor's journey from North Block to Mint Street

Mild-mannered, Shaktikanta Das is known to rarely lose his cool and focus mostly on looking at solutions through consensus

A short history of RBI's turbulent relationship with the government

In 1979, a Special Secretary in the finance ministry called Manmohan Singh would give a sharp rap on the RBI's knuckles for not consulting the government over some issue

I offered Raghuram Rajan RBI deputy governor's post in 2014: Y V Reddy

In his autobiography, former RBI Governor Y V Reddy said he had offered Rajan deputy governor's post

Where would Apple, IBM, Cisco be if they'd not sourced talent, asks RBI Guv

Share prices of the most efficient corporations are where they are because of global supply chains

Letters: Undermining autonomy

With reference to Subhomoy Bhattacharjee's report, "Move to change RBI governor ranking" (August 22), it is not correct to consider the Reserve Bank of India governor as a regulator. Other regulators are responsible for specific segments of the economy, such as securities market and insurance, whereas the RBI governor is responsible for macroeconomic stability. RBI actions have a much wider impact on the economy and monetary policy supplements fiscal and other public policies.Making the RBI governor's position subordinate to that of the Cabinet secretary indicates the government's intention to undermine the central bank's autonomy and let the bureaucracy always have an upper hand.Outgoing RBI Governor Raghuram Rajan was seeking to upgrade the governor's position to that of a cabinet minister. The deputy chairman of NITI Aayog is of the rank of a cabinet minister; the national security advisor, who functions only in an advisory capacity, has the rank of a minister of state.It is clever

Janmejaya Sinha: An agenda for the new RBI governor

Three things need Patel's attention: cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services

Patel at RBI's helm: Voices

Many want Urjit Patel to cut interest rates to help revive private sector investments

RBI Governor need not be a 'rock star' to be successful: Fitch

The government on Saturday elevated Urjit Patel as the 24th Governor of the Reserve Bank