Sustained inflationary risks, rising trade tensions, tightening of global financial conditions and slowing down of global demand led the RBI to keep its key lending rate and ‘calibrated tightening’...
Banking In 2018 Marred By RBI Governor’s Resignation, PNB Scam
The year leading up to the 2019 general elections was defined by a slowdown in investment, slackening growth, falling GST revenues, the biggest bank fraud and a credit crunch that provoked the most...
Rupee has recovered well after the knee jerk reaction to RBI governor’s resignation forced a sharply lower opening.
Asserting that the Indian economy turned in a resilient performance in 2017-18, Reserve Bank of India (RBI) Governor Urjit Patel has said the country’s growth is expected to accelerate next fiscal.
Urjit Patel said today that like the ‘Neelakantha’, the central bank will consume poison and face brickbats, but will persist with endeavour to become better with each trial