Fri, Aug 03, 2018
For a strong growth, we need a strong banking system. The fisc can come under stress if some of the new commitments such as the full implementation of new MSPs for agricultural commodities are to be fulfilled. Much depends on good governance," Rangarajan said.
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Sat, Mar 17, 2018
Former central bank chief C Rangarajan today said the Reserve Bank has 'enough powers' to supervise the banking sector, though it has to consult government while taking action against earring bankers. Rangarajan's statement comes within days of Patel expressing anguish over the spate of frauds in the banking sector and demanding more powers to deal with them
Sun, Jul 16, 2017
Finance Minister Arun Jaitley said the government is "actively working" towards consolidation of public sector banks but declined to provide details, saying this was a price-sensitive information.
Sat, Feb 18, 2017
"All this will have an immediate effect on the economy which will be adverse. The long term gains are in terms of reduction in the proportion of pure cash transactions, and a shift to digital mode of payment leading to recording of all transactions and thereby helping to widen tax net," Rangarajan said.
Fri, Sep 02, 2016
Days before leaving Reserve Bank of India (RBI), outgoing Governor Raghuram Rajan on Thursday said he was willing to stay a bit longer but could not reach the "right kind of agreement" with the government on extension of his tenure.
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