Search For "urjit patel"
Inflation projected at 5.1-5.6% in the next fiscal
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday revealed that the estimated inflation for first half of the next fiscal would stand at 5.1 to 5.6 percent.
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RBI unveils new Rs 10 banknotes
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 5 (ANI): The Reserve Bank of India (RBI) on Friday unveiled banknotes of Rs 10 denomination under the Mahatma Gandhi (New) Series.
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Bank recapitalisation plan a reform and recap package: RBI Guv
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): The Reserve Bank of India (RBI) Governor Dr Urjit Patel hailed the recently-announced bank recapitalisation plan as a "reform and recap package", adding that the move will give a much-needed impetus to credit growth in the economy.
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RBI holds rates after hinting possibility of fiscal slippages
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Governor Dr Urjit Patel on Wednesday hinted at the possibility of fiscal slippage due to farm loan waiver, partial roll back of duty on fuel and reduction in the Goods and Services Tax (GST) rates on a number of commoditi
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ASSOCHAM writes to Jaitley, RBI Governor over private equity investment ma
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 24 (ANI): In a bid to resolve the vexed issue of 'assured return' on private equity investment, industry body ASSOCHAM wrote to Finance Minister Arun Jaitley, urging a meeting between his officials and the global private equity funds so that investments worth several t
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Increasing FDI inflow testament to global confidence in Indian economy: Ja
Updated : 8 years, 5 months ago IST
Washington D.C. [USA], Oct. 13 (ANI): Union Finance Minister Arun Jaitley has stated that the Foreign Direct Investment (FDI) flows to India have increased in 2016-17, over that in 2015-16, indicating improve in the global confidence of the economy.
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Implementation of GST has rendered short-term prospects uncertain, admits
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday announced keeping the repo rate unchanged at six percent and the reverse repo rate unchanged at 5.75 percent.
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ASSOCHAM for relaxing fiscal deficit target, reduction of interest rates b
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 1 (ANI): Amidst concerns over slowdown in growth due to the transient disruptions in the economy following the implementation of the Goods and Services Tax (GST)and the remaining over-hang of demonetisation, India Inc is looking up to the government to take a few 'out
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Working with Centre to ease stressed corporate borrowings: RBI Governor
Updated : 8 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 2 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday highlighted that it is working in close coordination with the Centre to ease out corporate borrowings and recapitalise public sector banks within the fiscal deficit targets.
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ASSOCHAM urges RBI to slash interest rates due to low inflation
Updated : 8 years, 7 months ago IST
New Delhi [India], July 30 (ANI): Against the backdrop of a decline in factory output, with inflation at a five-year low, the ASSOCHAM on Sunday wrote to the Reserve Bank of India (RBI) Governor Urjit Patel, stressing on the need to cut at least 25 basis points in the policy interest rate, a
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RBI Governor to appear before Parliamentary panel today
Updated : 8 years, 7 months ago IST
New Delhi [India], July 12 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel is slated to appear before the Parliamentary panel on Wednesday in order to provide clarification on an array of queries related to demonetisation.
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MPC holds rates; low inflation in April reason for status quo: RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], June 7 (ANI): The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), headed by Governor Urjit Patel kept the repo rate unchanged at 6.25 percent after its second bimonthly review of this financial year here today.
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