Page 4 - Rbi Vs Government

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

How S Gurumurthy, an influential economic voice, is shaking up RBI

What neither side disputes is that Gurumurthy, who joined the central bank's board in August, is now one of the country's most influential economic voices

Govt to again press for its demands at next meeting of RBI board: Report

The government and most board members feel the RBI should be "more transparent and accountable" for its decisions.

Govt to ramp up pressure for changes at next RBI board meeting: Sources

Like the government, most board members feel that RBI should be 'more transparent and accountable' for its decisions

Economic capital framework: Govt for Jalan, RBI wants Mohan as panel head

The brass of the finance ministry and the RBI are in touch to decide the members and terms of reference of the committee

RBI board meet outcome won't instantly resolve India Inc's credit concerns

The board made three decisions which, if executed quickly, are seen as "uppers" of sorts for India Inc ahead of the general elections in 2019

To say that RBI's autonomy is being curtailed is wrong: Ex-sebi chairman

N Damodaran said a mature conversation between both the sides, carried out in private, will help iron out the differences

Modi govt to push RBI to lift lending restrictions on some banks: Report

The members, including government nominees, will press for some of the weak banks to be removed from the so-called prompt corrective action list

RBI has 'adequate' reserves to transfer over Rs 1 trillion to govt: BoAML

The government for the second year in a row has pegged fiscal deficit at 3.3% of GDP this financial year

RBI must provide more liquidity to NBFCs to boost lending: DEA Secretary

A liquidity crunch had hit India's shadow banks in September and October after a major infrastructure funding company defaulted on a series of debt obligations spreading panic among other NBFCs

Need to discuss governance issues with RBI: Economic Affairs Secretary

The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.

Govt does not need extra funds from RBI to meet fiscal deficit target: FM

We respect the autonomy of the Reserve Bank of India, said Jaitley

RBI-Finance Ministry ties have hit a low, Modi misusing PM post: Manmohan

Manmohan Singh accused Modi of misusing the Prime Minister's post

RBI not alone: India in spotlight as global central banks battle populists

PM Modi wants to keep India's economy firing as he campaigns for re-election next year. RBI Governor Urjit Patel has other priorities

RBI move a small victory for govt, say Finance Ministry officials

RBI board decided to constitute an expert committee to examine the economic capital framework of the central bank

Welcome 'non-event'

Govt, RBI deserve credit for defusing the crisis

An internal fight: For RBI, now it's board vs executive management

The fight between finance ministry and RBI is being replaced with skirmishes between the board and its executive management

Why it is just a ceasefire and not the end of the war between RBI and govt

This truce is a defeat for India's central bank

RBI Board to set up a committee to examine its Economic Capital Framework

A decision in this regard too was taken at the Board meeting held in Mumbai yesterday