RBI
Gurumurthy backs govt stand on credit liberalisation
16 Nov 2018
Government’s man on RBI board said the Rs9.6 lakh reserve is the highest for any central bank and that prompt corrective action should not be a deterrent to credit flows
Former RBI chief Raghuram Rajan backs RBI’s autonomy call
06 Nov 2018
While Rajan commended RBI’s warning of risks stemming from government meddling of central bank affairs, he also said the RBI could inject liquidity to ease any cash crunch at financial institutions
Govt wants more than a third of RBI’s Rs9,59,000-cr reserves
06 Nov 2018
RBI views the government’s attempt to make the central bank a cash cow like state-run enterprises and dip into its reserves can adversely impact macro-economic stability, and has not accepted the proposed changes
Defaulters find IBC a stumbling block to loan write-downs: RBI
05 Nov 2018
A debtor-friendly environment had in part contributed to the ever-increasing stressed assets in the banking system, RBI deputy governor N S Viswanathan said, adding that when creditors know that they have weak rights, they are averse to lend
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”
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