Search For "rbi act"
Urjit Patel avoids questions about RBI-Centre rift
Updated : 7 years, 5 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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Govt invoked Section 7 of RBI Act after Allahabad HC orders: Source
Updated : 7 years, 6 months ago IST
New Delhi [India], Nov 28 (ANI): The central government's decision to invoke Section 7 of the Reserve Bank of India (RBI) Act was taken in compliance with directions from the Allahabad High Court, a source confirmed.
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Demonetisation is 'illegal', can't be done without legislat
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 23 (ANI): Dubbing the Centre's demonetisation move as "illegal", Congress leader Manish Tewari on Wednesday said it cannot be done without legislation, adding that the government chose to do it with executive action and introduce a currency denomination
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