Page 3 - Rbi Vs Government

Urjit Patel's resignation disturbing, can impact top RBI team

The manner of Urjit Patel's's exit will have serious implications for the institutional strength of RBI.

RBI guv Urjit Patel's resignation may hit stock and currency markets today

If election results are not favourable, it could further intensify the sell-off, experts say

Urjit Patel quits as RBI governor 9 months before his term was to end

Patel's abrupt resignation will raise many questions about the testy relationship the central bank had with government representatives in the board of RBI

Urjit Patel's resignation: What RBI, Modi govt locked horns over

During Urjit Patel's tenure as governor, RBI had run-ins with the government on numerous issues

Urjit Patel exit: Cabinet secretary-led panel to find next RBI governor

As per the RBI Act, the central bank should have one governor and four deputy governors - two from within the ranks and one commercial banker and another an economist to head the monetary policy dept

Chaos may cast a shadow on global trade

Resignation of Urjit Patel will have a negative impact on market sentiment as it leaves RBI headless at a crucial time

Hope Patel's exit not a sign of govt's attempt to destroy economy: Manmohan

'Patel's sudden resignation, at a time when the Indian economy is faced with many headwinds, is very unfortunate', the former PM said

Curtailing central bank's independence will be credit negative: Moody's

Urjit Patel, whose three-year term was to end in September 2019, is the first governor since 1990 to step down before his term at the RBI ended.

A truce that never was: The Nov 19 RBI board meeting was obviously misread

Was Patel signalling all along that it was not a happy marriage with North Block? It appears so

RBI governor Urjit Patel quits; North Block-Mint Road ties back in focus

Announces his decision in a statement posted on RBI's official website

Jaitley was told of Urjit Patel's decision to quit only minutes in advance

Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation

Modi govt's thoughtless, destructive acts behind Patel's resignation: Naidu

If the destruction continues like this, no system can survive in the country, says N Chandrababu Naidu

Sebi, exchanges on guard for volatility over poll results, RBI guv's exit

Officials said that the exchanges and the regulator have beefed up their monitoring and surveillance mechanism for any eventuality

Patel's exit bad for economy; appeal PM to dissuade from leaving RBI: Swamy

RBI central board member S Gurumurthy also expressed surprise over the sudden resignation of Patel

Urjit Patel's exit from RBI a 'setback', took me by surprise: Gurumurthy

RBI board member S Gurumurthy says Patel's exit comes as a shock since the November board meeting was held in such a 'cordial atmosphere'

Urjit Patel exit: All Indians should be concerned, says ex-RBI guv Rajan

During his tenure, Rajan had differences with the government and did not get an extension

Urjit Patel's resignation will be a setback for markets, say analysts

Urjit Patel's decision was announced post-market hours and a day before assembly election results in five states. The markets could see a bloodbath on Tuesday, analysts say.

RBI governor Urjit Patel resigns: PM Modi to Raghuram Rajan react

Patel cited 'personal reasons' for his resignation

IMF backs RBI, says Indian govt should heed message on financial stability

Chief Economist Maurice Obstfeld said International Monetary Fund does not want politicians 'manipulating' central banks for political ends

RBI needs a strong balance sheet for independence, credibility: Fitch

RBI's capital base is Rs 9.69 trn at present; FinMin wants it to be lowered in line with global practices