Former RBI Governor Urjit Patel appointed Vice President of AIIB
NEW DELHI: Former RBI Governor Urjit Patel has been appointed as a Vice President of the Beijing-based multilateral funding institution AIIB, according to sources in the bank on Sunday. India is a founding member of the Asian Infrastructure Investment Bank (AIIB) with the second highest voting share after China. It is headed by former Chinese […]
Experience more relevant than what you learnt 35-40 years ago: RBI governor
NEW DELHI: Shaktikanta Das has played down many jokes and spoofs about his history background soon after his surprise appointment as the 25th governor of the Reserve Bank of India last December after the “protest” resignation of Urjit Patel. Academic qualification of the head of the central bank is not relevant, but what matters is […]
Shaktikanta Das named new RBI Governor
NEW DELHI: Former bureaucrat Shaktikanta Das on Tuesday was appointed the new governor of the Reserve Bank of India (RBI), a government statement said. He replaces Urjit Patel, who surprisingly resigned from the central bank on Monday. A former civil servant, Das is also a member of the 15th Finance Commission. Das, who retired as […]
Urjit Patel resigns as RBI Governor
NEW DELHI: Reserve Bank of India (RBI) Governor Urjit Patel, who had a run in with the government over autonomy of the central bank, Monday resigned from his post. In a brief statement, Patel said he has decided to step down with immediate effect. He, however, did not specify the reason for the decision. Patel […]
RBI Governor Urjit Patel to submit written answers to questions raised by MPs
NEW DELHI: In an apparent defence of the government’s demonetisation decision, Reserve Bank of India (RBI) Governor Urjit Patel on Tuesday told law makers that the note ban’s impact was transient and the economy is robust, sources said. Patel, who appeared before the Parliamentary Standing Committee on Finance, would give written responses on some of […]