RBI
Urjit Patel appointed new RBI governor
20 Aug 2016
Urjit Patel as the first RBI governor to oversee interest rate decisions by a monetary policy committee (MPC), a six-member RBI-government joint panel, will, however, have less freedom in deciding monetary policy
RBI keeps policy rates unchanged
09 Aug 2016
RBI governor Raghuram Rajan, whose three-year term ends on 4 September, said he expected a spike in inflation, on the back of a hike this year in the salaries of millions of government employees and sticky core inflation
Centre sets 4% inflation target for MPC ahead of RBI policy meet
06 Aug 2016
In a departure from existing practice of the Reserve Bank of India governor deciding monetary policy rates, the government has now entrusted the job to the government-designated Monetary Policy Committee
RBI issues final guidelines for ‘on tap’ licensing of private banks
01 Aug 2016
RBI said large industrial companies will only be allowed to invest up to 10 per cent in banks, and will not be eligible to set up banks