Rbi Governer Urjit Patel
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Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
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"Government, RBI Relation Like That Of Husband And Wife": Manmohan Singh
Former prime minister Manmohan Singh on Tuesday said the relationship between the government and the RBI is like of "husband-wife" and the difference of opinions must be resolved in a manner that the two institutions work in harmony.
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"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
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Institutions Must Remain Independent Despite "Marching Orders": Raghuram Rajan
Urjit Patel's resignation from the post of Reserve Bank of India governor has spurred a number of economists - including his predecessor Raghuram Rajan - to stress on the need for the country's top institutions to function in a manner "independent" of the government's demands.
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"Modi government Thinks It Owns RBI," Says P Chidambaram
Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term, former Union Finance Minister P Chidambaram on Thursday said the Modi government thinks it owns the RBI.
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Foreign Media On 'Potentially Catastrophic' Fight At RBI
Central banks are usually pretty boring places, home to technocrats who keep watch on inflation and exchange rates and pride themselves on avoiding public controversy.
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Blog: Behind-The-Scenes Of Urjit Patel's "Surprise" Resignation
The story that culminated in RBI Governor Urjit Patel's resignation probably began the day when the Modi government decided to appoint S Gurumurthy to the RBI's board. The swadeshi-spouting chartered accountant who believed that the RBI "has lost its capacity to think for India", and who had openly blamed it for the economic troubles of Indi...
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Opinion: India's Dangerous Experiment With Challenging RBI
India's government is conducting a dangerous experiment in economic management. This week, following renewed pressure to conform to the government's thinking, the head of the Reserve Bank of India, Urjit Patel, resigned, citing "personal reasons."
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"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
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Opinion: With Urjit Patel's Exit, Team Modi Delivers A New First
Narendra Modi promised us that his would be a government of firsts, and he has certainly delivered. Not once in the post-liberalisation years of India's rise has the governor of the Reserve Bank of India had to resign.
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Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
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"Surprised", Says RBI Independent Director On Urjit Patel's Resignation
RSS ideologue and independent director on RBI board S Gurumurthy Monday described the resignation of Urjit Patel as a setback to the convergence that the central bank and the government were reaching on contentious issues.
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Urjit Patel's Tenure At The RBI: A Timeline
RBI chief Urjit Patel, who stepped down today, one year before his term was to end, cited "personal reasons" for the move. This comes days after a face-off with the government over the country's economy from the past few months.
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"Effective Immediately": Urjit Patel Statement On Stepping Down As RBI Governor
RBI Governor Urjit Patel, amid a rift with the government over the central bank's autonomy, has stepped down this evening. In a statement, Urjit Patel said he is stepping down with immediate effect and cited personal reasons.
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Urjit Patel Quits As RBI Governor Amid Feud With Government
Amid an unprecedented public face-off with the government over a range of issues including autonomy, Reserve Bank of India Governor Urjit Patel has stepped down from his post citing "personal reasons". Mr Patel was appointed in 2016 for a three-year term, which was to expire in September next year.
-
Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
-
"Government, RBI Relation Like That Of Husband And Wife": Manmohan Singh
Former prime minister Manmohan Singh on Tuesday said the relationship between the government and the RBI is like of "husband-wife" and the difference of opinions must be resolved in a manner that the two institutions work in harmony.
-
"No Threat To Autonomy Of Banks": Arun Jaitley On Urjit Patel Resignation
Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite how central bank heads were made to resign under prime ministers Jawaharlal Nehru and Indira Gandhi and when Yashwant Sinha was finance minister.
-
Institutions Must Remain Independent Despite "Marching Orders": Raghuram Rajan
Urjit Patel's resignation from the post of Reserve Bank of India governor has spurred a number of economists - including his predecessor Raghuram Rajan - to stress on the need for the country's top institutions to function in a manner "independent" of the government's demands.
-
"Modi government Thinks It Owns RBI," Says P Chidambaram
Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel who resigned on Monday midway through his term, former Union Finance Minister P Chidambaram on Thursday said the Modi government thinks it owns the RBI.
-
Foreign Media On 'Potentially Catastrophic' Fight At RBI
Central banks are usually pretty boring places, home to technocrats who keep watch on inflation and exchange rates and pride themselves on avoiding public controversy.
-
Blog: Behind-The-Scenes Of Urjit Patel's "Surprise" Resignation
The story that culminated in RBI Governor Urjit Patel's resignation probably began the day when the Modi government decided to appoint S Gurumurthy to the RBI's board. The swadeshi-spouting chartered accountant who believed that the RBI "has lost its capacity to think for India", and who had openly blamed it for the economic troubles of Indi...
-
Opinion: India's Dangerous Experiment With Challenging RBI
India's government is conducting a dangerous experiment in economic management. This week, following renewed pressure to conform to the government's thinking, the head of the Reserve Bank of India, Urjit Patel, resigned, citing "personal reasons."
-
"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
-
Opinion: With Urjit Patel's Exit, Team Modi Delivers A New First
Narendra Modi promised us that his would be a government of firsts, and he has certainly delivered. Not once in the post-liberalisation years of India's rise has the governor of the Reserve Bank of India had to resign.
-
Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
-
"Surprised", Says RBI Independent Director On Urjit Patel's Resignation
RSS ideologue and independent director on RBI board S Gurumurthy Monday described the resignation of Urjit Patel as a setback to the convergence that the central bank and the government were reaching on contentious issues.
-
Urjit Patel's Tenure At The RBI: A Timeline
RBI chief Urjit Patel, who stepped down today, one year before his term was to end, cited "personal reasons" for the move. This comes days after a face-off with the government over the country's economy from the past few months.
-
"Effective Immediately": Urjit Patel Statement On Stepping Down As RBI Governor
RBI Governor Urjit Patel, amid a rift with the government over the central bank's autonomy, has stepped down this evening. In a statement, Urjit Patel said he is stepping down with immediate effect and cited personal reasons.
-
Urjit Patel Quits As RBI Governor Amid Feud With Government
Amid an unprecedented public face-off with the government over a range of issues including autonomy, Reserve Bank of India Governor Urjit Patel has stepped down from his post citing "personal reasons". Mr Patel was appointed in 2016 for a three-year term, which was to expire in September next year.
