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Tag "Raghuram Rajan"

‘Well-thought-out’ plan must to deal with loan defaults: Rajan

‘Well-thought-out’ plan must to deal with loan defaults: Rajan

🕔18:04, 7.Sep 2020

New Delhi, Sep 7  Former RBI Governor Raghuram Rajan has said that as the payment moratorium allowed by the central bank, along with other repayment relaxations, comes to an end and several entities are expected to default, the government should

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Rajan seeks more autonomy to public sector bank boards

Rajan seeks more autonomy to public sector bank boards

🕔11:20, 9.Sep 2017

Mumbai, Sep 9  Former RBI Governor Raghuram Rajan on Friday called for more autonomy to the boards of public sector banks (PSBs) to make them independent of government shackles. For this, he said the various layers of the government must

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Demonetisation to have high short-term economic costs, Rajan cautioned government

Demonetisation to have high short-term economic costs, Rajan cautioned government

🕔09:45, 6.Sep 2017

New Delhi, Sep 6 The demonetisation tool used by the Indian government to drive out black money could have long-term benefits but its short-term economic costs would outweigh them, ex-Reserve Bank of India governor Raghuram Rajan feels. “I was asked

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Empower state-run banks’ boards, cut government control: Rajan

Empower state-run banks’ boards, cut government control: Rajan

🕔10:40, 17.Aug 2016

Mumbai, Aug 17  Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday suggested empowering of boards of state-run banks while making the case for a major reduction in government and regulatory oversight, including by the RBI itself.“Today, a

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5-year term for RBI Governor should be good: Vinod Rai

5-year term for RBI Governor should be good: Vinod Rai

🕔10:45, 12.Aug 2016

New Delhi, Aug 12  Bank Board Bureau Chairman and former Comptroller and Auditor General Vinod Rai here on Thursday backed the suggestion of a fixed 5-year term for a Reserve Bank of India (RBI) Governor, adding that the current 3-year

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Interest rates unchanged in Rajan’s last monetary policy update

Interest rates unchanged in Rajan’s last monetary policy update

🕔11:03, 10.Aug 2016

Mumbai, Aug 10  Reserve Bank of India (RBI) Governor Raghuram Rajan kept key policy rates unchanged in his last monetary policy review on Tuesday with little elbow room for easing due to the country’s retail inflation inching closer to the

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Raghuram Rajan gets massive online support for second term

Raghuram Rajan gets massive online support for second term

🕔14:51, 6.Jun 2016

Chennai, June 6  Nearly 60,000 people want Reserve Bank of India (RBI) Governor Raghuram Rajan offered an extension, according to Change.org, an online petition platform. This is perhaps for the first time in the RBI’s history that a public petitioning

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RBI will act responsibly on rate cut: Jaitley

RBI will act responsibly on rate cut: Jaitley

🕔11:04, 21.Sep 2015

Hong Kong, Sep 21  Indian Finance Minister Arun Jaitley on Sunday said monetary policy plays an important role in economic growth and hoped the Reserve Bank of India (RBI) would act appropriately with a sense of responsibility in this regard.“RBI

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Inflation to be kept low while reforms implemented: RBI

Inflation to be kept low while reforms implemented: RBI

🕔14:01, 18.Sep 2015

Mumbai, Sep 18  Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said inflation should be kept low not only now but also in the future, adding that reforms are needed for sustainable growth.Rajan said at an event here

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RBI tackling inflation: Rajan

RBI tackling inflation: Rajan

🕔10:25, 31.Aug 2015

Washington, Aug 31  Reserve Bank of India (RBI) governor Raghuram Rajan says he is trying to bring down India’s high inflation rate while navigating complications like manufacturers who are hurt by higher interest rates and a stronger currency.RBI’s policy process,

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India has forex reserves to stabilise currency volatility: RBI

India has forex reserves to stabilise currency volatility: RBI

🕔15:51, 24.Aug 2015

Mumbai, Aug 24  On a day when the rupee and stock market went down Reserve Bank of India (RBI) Governor Raghuram Rajan said on Monday India has sufficient foreign exchange reserves to prevent volatility in the currency market. India has

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China devaluation a risk, if long-term: Raghuram Rajan

China devaluation a risk, if long-term: Raghuram Rajan

🕔14:56, 20.Aug 2015

Mumbai, Aug 20  Repeating his warnings about global markets being at risk of a crash due to competitive loose monetary policies adopted by rich nations, RBI Governor Raghuram Rajan on Thursday said the recent devaluation of the Chinese currency poses

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Greece issue not greasy for India: RBI governor

Greece issue not greasy for India: RBI governor

🕔10:17, 3.Jul 2015

Chennai, July 3  India’s exposure to cash-strapped Greece was very limited and the central government was in talks with the central bank on providing additional capital to public sector banks, a top Reserve Bank of India (RBI) official said on

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Global economy risks 1930s-type Great Depression: Rajan

Global economy risks 1930s-type Great Depression: Rajan

🕔14:56, 26.Jun 2015

London, June 26  Warning that the global economy is on the brink of a situation similar to the Great Depression of the 1930s, Reserve Bank of India Governor Raghuram Rajan has asked central banks from across the world to define

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PNB bags four prizes in Reserve Bank Rajbhasha Shield Pratiyogita

PNB bags four prizes in Reserve Bank Rajbhasha Shield Pratiyogita

🕔10:04, 24.Jun 2015

Every year Reserve Bank of India ((RBI) honors those Nationalized Banks and Financial institutions whose performance is excellent in implementation of Official Language Policy and use of Hindi in their day to day working. RBI has declared the results for

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India’s Reserve Bank leaves policy rates, reserve ratios unchanged

India’s Reserve Bank leaves policy rates, reserve ratios unchanged

🕔11:43, 7.Apr 2015

Mumbai, April 7  The Reserve Bank of India (RBI) on Tuesday made it clear that it will cut interest rates further only if it sees more robust containment of prices and commercial banks lowering the cost of housing, auto and

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The Prime Minister, Narendra Modi at the Financial Inclusion Conference of RBI, in Mumbai on April 02, 2015.

The Prime Minister, Narendra Modi at the Financial Inclusion Conference of RBI, in Mumbai on April 02, 2015.

🕔13:40, 2.Apr 2015 Read Full Article
The PM, Narendra Modi being received by the Governor of Reserve Bank of India, Raghuram Rajan at the Financial Inclusion Conference of RBI

The PM, Narendra Modi being received by the Governor of Reserve Bank of India, Raghuram Rajan at the Financial Inclusion Conference of RBI

🕔13:37, 2.Apr 2015 Read Full Article
Revolutionary budget sparks Rajan to cut rates

Revolutionary budget sparks Rajan to cut rates

🕔14:23, 5.Mar 2015

Mumbai, March 5  The second unscheduled cut on Wednesday – within two months – in the repo rate at which the Reserve Bank of India (RBI) lends to commercial banks was not as unexpected as the first in January. Indeed,

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Which way will Rajan go with rates post-budget?

Which way will Rajan go with rates post-budget?

🕔13:35, 21.Feb 2015

Mumbai, Feb 21  With economic data before the union budget on Feb 28 showing inflation at a five-year low, Reserve Bank of India Governor Raghuram Rajan can perhaps indulge in a belated celebration of his birthday that fell Feb 3

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