Search For "central bank"
Centre will have to consider legal aspects in appointment of new RBI guv:
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 11(ANI): The central government will have to take stock of the current legal position in the fresh appointment of Reserve Bank of India (RBI) Governor, said Finance Secretary AN Jha on Tuesday.
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Patel resigned to protect RBI; opposition united to stop BJP's assault: Ra
Updated : 7 years, 3 months ago IST
New Delhi (India) Dec 10 (ANI): Congress president Rahul Gandhi on Monday said Urjit Patel resigned as Governor of Indian’s central bank because he wanted to protect the institution RBI.
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Urjit Patel quits as RBI Governor 9 months short of term
Updated : 7 years, 3 months ago IST
Mumbai, Dec 10, (ANI): RBI Governor Urjit Patel resigned on Monday, weeks after differences between the central bank and the government regarding its “independence” became public.
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Urjit Patel avoids questions about RBI-Centre rift
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday refused to take any questions about the central bank's alleged rift with the Union government, including the invocation of Section 7 of the RBI Act earlier this year.
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Sri Lanka: Sirisena vows not to appoint Wickremesinghe as PM again
Updated : 7 years, 3 months ago IST
Colombo [Sri Lanka], Nov 26(ANI): President Maithripala Sirisena on Sunday asserted that he will not appoint Ranil Wickremesinghe as Prime Minister again.
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FIRs against Chennai-based firm for causing Rs 364-cr loss to 3 banks
Updated : 7 years, 3 months ago IST
Chennai (Tamil Nadu) [India], Nov 24 (ANI): The Bank Security & Frauds Cell (BS&FC) of the Central Bureau of Investigation (CBI) has filed three FIRs against Chennai-based Best & Crompton Engineering Projects Ltd (BCEPL) for causing Rs 364 crore loss to three public sector banks in a fraudul
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RBI's new body to look into PCA issues
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): The Reserve Bank of India's (RBI) Central Board on Monday decided to constitute a Board for Financial Supervision (BFS) of the Central bank to examine the framework for banks under Prompt Corrective Action (PCA).
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Financial services education portal 'Money Matters' launched
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 16 (Business Wire-India): Money Matters (www.money-matters.in) is a new online financial services education portal that simplifies financial concepts by Cartoon Mascot Duo - CMD Rajesh Sharma and Brajesh Sharma. Both are brand mascots of the education por
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Raghuram Rajan is a failed RBI Governor: Subramanian Swamy
Updated : 7 years, 4 months ago IST
New Delhi [France], Nov 11 (ANI): Senior BJP leader and Rajya Sabha MP Subramanian Swamy on Sunday launched a scathing attack on former RBI Governor Raghuram Rajan, calling him a failed Governor of India's central bank.
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Central bank's autonomy an accepted governance requirement: Finance Minist
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 31 (ANI): Amid some media reports stating that Reserve Bank of India (RBI) governor Urjit Patel may consider resigning after an alleged rift with Union Finance Minister Arun Jaitley, the Finance Ministry on Wednesday clarified that the government holds "extensive consu
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RBI Dy Governor Viral Acharya pitches for independence of central bank
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 27 (ANI): Reserve Bank of India (RBI) deputy governor Viral Acharya, while advocating for the independence of the central bank, said that if the government would not respect the autonomy of the bank it will incur the wrath of financial markets.
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Indonesia's Rupiah Woes: How will India be affected
Updated : 7 years, 6 months ago IST
Singapore, Sept 10 (ANI): In the past week, in all likelihood, the central banks of India and Indonesia pumped in billions of dollars to support their respective currencies with the Indian Rupee touching record lows against the US dollar and the Rupiah reaching its lowest level since the
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