The government should not arm twist the central bank further as this could be counterproductive
4 min read2 Sep 2019The actions of central banks need to be questioned as vigorously as those of any other institution
4 min read17 Apr 2019Operating losses could push the RBI to seek financial assistance from the govt, compromising its autonomy, the study saysThe study found the global average capital to asset ratio was 6.56%. The level for those in emerging economies was 6.96%, with the RBI’s standing at 6.6%.
1 min read24 Jan 2019In an interview with ANI on the first day of the new year, PM Narendra Modi denied there was any political pressure on Urjit Patel to resign as RBI governor
1 min read2 Jan 2019Moderating growth can force the government to spend more before 2019 Lok Sabha elections and that could lead to fiscal pressures
5 min read1 Jan 2019Reserve Bank of India (RBI) deputy governor Viral Acharya's lecture deserves to go down in history as the definitive talk of the year
8 min read25 Dec 2018The report said it does not anticipate any material change in the central bank's level of independence, especially with regards to its adoption and implementation of prudent policy
1 min read18 Dec 2018At its meeting under new governor Shaktikanta Das, the RBI board decided to further examine the governance framework of the central bank
1 min read15 Dec 2018Finance minister Arun Jaitley says the industry shouldn't get distracted by the high-pitched political rhetoric in the run-up to 2019 Lok Sabha elections and defended the Narendra Modi government in the standoff with RBI
2 min read14 Dec 2018Former RBI deputy governor S.S. Mundra says the RBI-Govt impasse 'has reached this stage due to serious gaps in communication between the two parties'
3 min read13 Dec 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared