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Urjit Patel

New Rs 100 notes bearing RBI’s new governor Shaktikanta Das signature to come soon - All details here

New Rs 100 notes bearing RBI’s new governor Shaktikanta Das signature to come soon - All details here

Wed, Feb 27, 2019

Rs 100 was also among banknotes like new Rs 50, Rs 10 and Rs 500 which has seen a makeover in India’s currency chest since demonetisation drive.

Narendra Modi’s first interview of 2019

Narendra Modi’s first interview of 2019

Tue, Jan 01, 2019

In an interview with ANI on the first day of the New Year, PM Narendra Modi spoke on a range of topics—from the Ram Mandir issue to Pakistan, surgical strikes and 2019 Lok Sabha elections.

PM Modi defends govt on criticism over demonetisation, Urjit Patel's resignation as RBI governor

PM Modi defends govt on criticism over demonetisation, Urjit Patel's resignation as RBI governor

Tue, Jan 01, 2019

Prime Minister Narendra Modi on Wednesday said that the demonetisation drive announced by him on November 8, 2016 was not a shock as the government had warned people having black money a year ago. Responding to criticism over surprise resignation of Urjit Patel as RBI Governor, PM Modi said that the former requested to resign on personal reasons, adding that there was no political pressure on him.

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Narendra Modi interview: PM reveals why Urjit Patel resigned as RBI governor

Narendra Modi interview: PM reveals why Urjit Patel resigned as RBI governor

Tue, Jan 01, 2019

Prime Minister Narendra Modi in an interview with ANI on Tuesday evening revealed for the first time why ex-Reserve Bank of India (RBI) governor Urjit Patel resigned from his post last year.

Welcome 2019: Your home, personal, car loan EMIs may come down in New Year; Here's why

Welcome 2019: Your home, personal, car loan EMIs may come down in New Year; Here's why

Wed, Dec 26, 2018

New year 2019 may bring a big relief to loan seekers as the time is now ripe for the Reserve Bank of India (RBI) to announce the much-awaited key policy rate.

December policy: Ex-RBI Guv Patel favoured status quo on repo rate

December policy: Ex-RBI Guv Patel favoured status quo on repo rate

Thu, Dec 20, 2018

Former RBI Governor Urjit Patel had favoured status quo on monetary policy earlier this month because of uncertainties clouding the medium-term inflation outlook

Regulators can't work in isolation: Arun Jaitley on ex RBI Guv Urjit Patel

Regulators can't work in isolation: Arun Jaitley on ex RBI Guv Urjit Patel

Wed, Dec 19, 2018

Days after Reserve Bank governor Urjit Patel's resignation, finance minister Arun Jaitely Tuesday said while enjoying functional autonomy, a regulator cannot be "isolationist" and has to consult all stakeholders.

This is what Shaktikanta Das, as new RBI governor, will do; SBI chairman explains

This is what Shaktikanta Das, as new RBI governor, will do; SBI chairman explains

Wed, Dec 12, 2018

Former finance secretary and current member of the finance commission Shaktikanta Das has been appointed as the Governor of the Reserve Bank of India (RBI).

Unbelievable, but markets survive election results, expectations of 'Black Tuesday'; this is the reason why

Unbelievable, but markets survive election results, expectations of 'Black Tuesday'; this is the reason why

Tue, Dec 11, 2018

While expectations were mostly for a Black Tuesday, in an intriguing revelation, experts indicated that the activity in markets had more to do with Urjit Patel's surprise exit from RBI on Monday night than the assembly result in 5 states.

Assembly Election results 2018: Sensex fights back, claws back 700 point loss as BJP leads in Madhya Pradesh

Assembly Election results 2018: Sensex fights back, claws back 700 point loss as BJP leads in Madhya Pradesh

Tue, Dec 11, 2018

The markets reversed trend after BJP managed to inch ahead of Congress in Madhya Pradesh - the counting is still on and the winner is expected to announced soon.

Who will be the next RBI governor? PM Modi in rush, set to announce Urjit Patel replacement today!

Who will be the next RBI governor? PM Modi in rush, set to announce Urjit Patel replacement today!

Tue, Dec 11, 2018

Government will have to take stock of current legal position now, in appointing the new head of RBI, whether interim or a full-time Governor, will be clear today, said Finance Secretary AN Jha.

Urjit Patel resignation as RBI Governor impact on Nifty, rupee: Index to fall by 150-200 pts

Urjit Patel resignation as RBI Governor impact on Nifty, rupee: Index to fall by 150-200 pts

Tue, Dec 11, 2018

Impact of RBI Governor resignation: The Indian forex and equity markets are likely to witness a deep cut and high volatility due to the impact of RBI Governor Urjit Patel's resignation.

Urjit Patel quits: What is the role and responsibilities of RBI - Explained

Urjit Patel quits: What is the role and responsibilities of RBI - Explained

Tue, Dec 11, 2018

RBI Governor Urjit Patel unexpectedly resigned Monday, bringing into prominence the role played by the central bank in the country's economy. Following is an explainer on the functions and responsibilities of the RBI:-

A Black Tuesday? Urjit Patel exits, Assembly Election results! Can NDA govt save Sensex, Nifty?

A Black Tuesday? Urjit Patel exits, Assembly Election results! Can NDA govt save Sensex, Nifty?

Tue, Dec 11, 2018

The benchmark Sensex plummeted 714 points as investors panicked over exit polls suggesting the Congress is giving a tough fight to the ruling BJP in state elections. The bruised rupee and weak global cues also further dampened sentiment.

Urjit Patel quits as RBI Governor, sets off politico-economic crisis

Urjit Patel quits as RBI Governor, sets off politico-economic crisis

Tue, Dec 11, 2018

Reserve Bank of India (RBI) Governor Urjit Patel resigned on Monday with immediate effect, citing "personal reasons", setting of a major crisis in India's politico-economic sphere.

Why did Urjit Patel resign? Government's man finally found own voice on issues that mattered most

Why did Urjit Patel resign? Government's man finally found own voice on issues that mattered most

Tue, Dec 11, 2018

Former RBI Governor Urjit Patel, 55, from being considered a government man on the Mint Street, after supporting demonetisation move of PM Narendra Modi, has in less than two-years emerged from the shadows to find his own voice on issues that mattered the most -- autonomy and independence of the

Who will find Urjit Patel successor? Find out here

Who will find Urjit Patel successor? Find out here

Tue, Dec 11, 2018

The Financial Sector Regulatory Appointment Search Committee (FSRASC) is headed by Cabinet Secretary P K Sinha. Apart from him, the panel includes Additional Principal Secretary to the Prime Minister P K Mishra, who is a permanent government nominee, and three other experts, among others.

Hope for smooth transition with approach acceptable to all: India Inc on RBI Governor Urjit Patel resignation

Hope for smooth transition with approach acceptable to all: India Inc on RBI Governor Urjit Patel resignation

Tue, Dec 11, 2018

India Inc Monday said it hopes for a smooth transition and "an approach acceptable to all" after RBI Governor Urjit Patel's resignation, citing liquidity and credit offtake issues in the financial sector.

Urjit Patel resigns, Moody's puts Modi govt under scanner

Urjit Patel resigns, Moody's puts Modi govt under scanner

Tue, Dec 11, 2018

The friction between the RBI and the Finance Ministry was attributed to the recalcitrance of Patel, who appeared keen to be seen as a defiant, independent-minded governor of high credibility by resisting the government's call for increased transparency on the central bank's reserves (just how much is necessary for stability operations) and for enhanced liquidity so that credit can be eased to money-strapped sectors especially MSMEs.

Urjit Patel resignation: Analysts warn of bloodbath in markets

Urjit Patel resignation: Analysts warn of bloodbath in markets

Tue, Dec 11, 2018

Brokerage firm HDFC Securities' VK Sharma said the resignation can "knock off" 200 points from the Nifty, which corrected by 1.92 percent to close at 10,488.45 points on Monday primarily due to fears of the ruling BJP getting trounced in the state elections Tuesday.

Urjit Patel: The vigilant owl flies out in protest, as the Nest comes under attack

Urjit Patel: The vigilant owl flies out in protest, as the Nest comes under attack

Mon, Dec 10, 2018

Industrialist Rahul Bajaj has a history of not mincing his words. Just last month, at the peak of a very ugly public spat between the RBI and the Centre, he commended RBI Governor Urjit Patel for showing the "spine".

Urjit Patel resignation 'severe blow' to nation's economy: Manmohan Singh

Urjit Patel resignation 'severe blow' to nation's economy: Manmohan Singh

Mon, Dec 10, 2018

Former prime minister Manmohan Singh Monday termed RBI Governor Urjit Patel's resignation as "very unfortunate" and said it was a "severe blow" to the country's economy.

Who will succeed Urjit Patel: N S Vishwanathan may be made appointed RBI governor, say sources

Who will succeed Urjit Patel: N S Vishwanathan may be made appointed RBI governor, say sources

Mon, Dec 10, 2018

N S Vishwanathan, senior most deputy governor, may be made interim head of the RBI following the unexpected resignation of Urjit Patel, according to sources.

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