Rajasthan

Cong 99
BJP 73
RLM 3
OTH 24

Madhya Pradesh

Cong 113
BJP 110
BSP 2
OTH 5

Chhattisgarh

Cong 68
BJP 16
JCC 6
OTH 0

Telangana

TRS-AIMIM 95
TDP-Cong 21
BJP 1
OTH 2

Mizoram

MNF 26
Cong 5
BJP 1
OTH 8
*Total Tally Reflects Leads + Wins

Reserve Bank of India

Reserve Bank of India News

RBI Governor Urjit Patel has left. Now what?

Understanding the background of Monday’s extraordinary development, and what might follow.

Urjit Patel not the first RBI governor to resign

The long history of friction between the central bank and the government has led to the resignations of three RBI governors before the end of their term.

Full text: RBI Governor Urjit Patel's resignation letter

"On account of personal reasons, I have decided to step down from my current position effective immediately," the letter read.

No decision by RBI panel on relaxation of PCA

Government nominees on the RBI Central Board had put pressure on the RBI to remove curbs on PSU banks put under PCA. However, the RBI refused to relax the rules.

Monetary policy review: Reserve Bank keeps rates same, cuts inflation forecast

The central bank, while unveiling the bi-monthly monetary policy, cut its inflation projection to 2.7-3.2 per cent by March 2018 from its earlier view of 3.9-4.5 per cent.

Retail, SME loans to be linked to repo rate or T-bills

The RBI move is expected to bring in more transparency in fixing interest rates and faster transmission of rates.

RBI sets up MSME committee

A bailout package for small units was a bone of contention between the RBI and government nominees and independent directors on the Central Board.

Liquidity pressure in NBFC sector eases: Viral Acharya

RBI Deputy Governor Viral Acharya said the central bank is guided by the principle of addressing system-wide liquidity requirements.

RBI keeps interest rates unchanged, retains GDP growth projection at 7.4%

The central bank has also retained GDP growth projection for 2018-19 at 7.4 per cent. 

‘SBI to cease to be EPFO fund manager from March’

The Board also extended the tenure of CRISIL Ltd as consultant up to March 31 2019 or till appointment of new portfolio managers, whichever is earlier.

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