RBI
FSDC meeting steers clear of RBI-finmin tussle
31 Oct 2018
Deputy governor Viral Acharaya’s criticism of the government encroaching on RBI turf came after the finance ministry invoked a not-yet-used Section 7 of the RBI Act that gives the government broad powers to give directions to the RBI in public interest
FM Jaitley returns fire, blames RBI for lending excesses
30 Oct 2018
While RBI has been pushing hard to clean up a banking system that’s saddled with bad debts, finance minister Jaitley opted to criticise the central bank over banks’ loan excesses, saying “it looked the other way when banks gave loans indiscriminately during 2008 to 2014”
Overdose of foreign capital triggering rupee fall: Viral V Acharya
29 Oct 2018
To protect the economy from short-termism, the central bank is designed to be at a safe distance from the executive branch of the government, the RBI deputy governor said
RBI cancels registration of 31 NBFCs
24 Oct 2018
Visa, Mastercard, Amex let RBI’s data localisation deadline pass
16 Oct 2018
While 60 of the 75 payment service providers have complied with the RBI directive, companies like Mastercard, Visa and American Express, who still dominate the payment ecosystem, think RBI will adjust to their requirements
