July 05, 2019 7:07 am
Patel, who suddenly quit as the RBI Governor in December 2018 nine months ahead of his three-year tenure, said the decline in share of PSU banks in the banking sector should not be resisted as the 'market mechanism is working'.
September 20, 2018 6:23 pm
Patel was speaking at a conference at the Central Vigilance Commission (CVC) here on 'Preventive Vigilance – The Key Tool of Good Governance at Public Sector Institutions'.
August 02, 2017 7:37 pm
The monetary policy statement was arrived at after a two-day meeting of the MPC headed by RBI Governor Urjit Patel. The MPC has decided to keep the policy stance neutral and to watch incoming data with a view to keeping headline inflation close to 4 per cent.
August 02, 2017 2:34 am
Some expect that the central bank may go for an even more aggressive rate cut of 50 basis points as the retail inflation touched historic low of 1.54 per cent in June.
August 01, 2017 12:10 am
Average CPI inflation for eight months since September 2016 has been 3.7 per cent. How long are you going to wait and watch, MPC, before you admit that you were wrong in your assessment?