PDMA should be independent of govt and RBI: Raghuram Rajan
Public Debt Management Agency (PDMA) should be independent of the government as well as the central bank for ensuring fiscal discipline, RBI Governor Raghuram Rajan said on Sunday.
Mar 22, 2015, 15:22 PM IST
Rajan backs removal of central bank's debt powers
Rajan also alluded to differences with the government over the formation of the monetary policy committee.
Mar 22, 2015, 14:56 PM IST
Jaitley to address RBI board on March 22
Finance Minister Arun Jaitley will address board members of the Reserve Bank here on March 22 to inform them about steps taken in the Budget for 2015-16 to boost economic growth and contain fiscal deficit.
Mar 08, 2015, 11:09 AM IST
RBI Governor says public debt not a problem yet for India
RBI Governor Raghuram Rajan today said government debt is not yet a problem for India even as Standard & Poor's stated that high government debt is putting the sovereign rating under pressure.
Mar 02, 2015, 19:48 PM IST
Raghuram Rajan disapproves inheritance tax idea
Specifically speaking on inheritance tax idea, he said: "I think rather than bringing people down, our focus should be on taking people up.Specifically speaking on inheritance tax idea, he said: "I think rather than bringing people down, our focus should be on taking people up.
Feb 22, 2015, 14:49 PM IST
RBI Governor Raghuram Rajan wants more globalisation
Reserve Bank of India Governor Raghuram Rajan cautioned "large rich countries" against turning their back on globalisation, while saying he was keen for India to start "setting the agenda" in policy debates with other countries.
Feb 19, 2015, 14:39 PM IST
CSO briefs RBI governor on new GDP calculation method
The Ministry of Statistics & Programme Implementation (MOSPI) has briefed the RBI Governor Raghuram Rajan about the new method which the government has started for calculating economic growth and inflation figures.
Feb 18, 2015, 15:50 PM IST
Expand Jan Dhan beyond bank accounts, says ex-RBI Guv Subbarao
Lauding the government's Jan Dhan initiative, former RBI Governor D Subbarao today said this financial inclusion programme should be expanded to also ensure remittance and credit facilities for the poor.
Feb 06, 2015, 18:14 PM IST
Rajan links rates to budget, rejects call to extend CDR window
Putting the ball in government's court, RBI Governor Raghuram Rajan on Tuesday said future rate cuts would depend on the fiscal consolidation path in the upcoming Budget even as he rejected bankers' call to extend the loan restructuring window beyond April 1.
Feb 03, 2015, 20:52 PM IST
Loan recast: Rajan spurns bankers call for extension
Virtually rejecting the demand for extending the loan restructuring window beyond April 1, RBI Governor Raghuram Rajan on Tuesday said the practice of forbearance should end to increase investor confidence in banks' balance sheets.
Feb 03, 2015, 18:09 PM IST
192 stocks hit 52-week high as Sensex surges over 700 points
Among the blue-chip stocks that touched their 52-week high mark include Axis Bank, HDFC, HDFC Bank, Maruti Suzuki India and Tech Mahindra.
Jan 15, 2015, 19:36 PM IST
Rate-sensitive stocks surge up to 18% on RBI move
Interest rate-sensitive realty, banking and auto stocks surged up to 18.5 percent Thursday after Reserve Bank Governor Raghuram Rajan sprang a surprise by cutting interest rates by 25 basis points a move that is likely to result in cheaper home and auto loans.
Jan 15, 2015, 19:10 PM IST
After Rajan, PSU banks' heads now question farm debt waivers
Last month, the RBI Governor had said that debt waiver schemes have constrained flow of credit to farmers.
Jan 04, 2015, 16:34 PM IST
Need to clean up bad debts in banks within a year: Raghuram Rajan
Total Gross Non Performing Assets of public sector banks stood at over Rs 2.43 lakh crore as on end-September 2014. The top 30 NPAs account for Rs 87,368 crore or 35.9 per cent of total gross NPAs of PSBs.
Jan 03, 2015, 21:02 PM IST
RBI targeting inflation over medium term: Raghuram Rajan
RBI Governor Raghuram Rajan on Saturday said the central bank would like to focus on medium-term inflation targeting and will not chase the short-term goals.
Dec 27, 2014, 18:07 PM IST
RBI governor questions farm debt waiver schemes
Putting a question mark on the effectiveness of government's farm debt waiver programmes, RBI Governor Raghuram Rajan on Saturday said such schemes have constrained flow of credit to farmers.
Dec 27, 2014, 17:29 PM IST
Panel to interview 35 candidates for ED post in PSBs Thursday
A government-appointed selection panel would start interviews of 35 candidates Thursday to fill vacancies of 14 Executive Directors in various public sector banks.
Dec 24, 2014, 20:19 PM IST
'Exports must for making India manufacturing hub'
In a veiled criticism of RBI Governor Raghuram Rajan's comments on 'Make in India' campaign, top government official Friday said the country can become a manufacturing hub only if exports grow and not just by producing for domestic consumption.
Dec 19, 2014, 23:31 PM IST
Regulators' job is not to boost Sensex, says RBI chief Rajan
Unfazed by criticism that central bank is keeping interest rates high, RBI Governor Raghuram Rajan on Friday said the role of regulators is not to boost the Sensex.
Dec 12, 2014, 21:38 PM IST
RBI, government to discuss timeline for 2-6% inflation target
"Going forward, we will discuss an appropriate timeline with the government in which the economy should move to the centre of the medium term inflation band of 2-6," Rajan said in a lecture at an industry event.
Dec 12, 2014, 11:29 AM IST
