Rbi Governor  

Prior to writing to the RBI Governor requesting for extension of moratorium on repayment of crop loans, Congress leader Rahul Gandhi on Monday visited flood-affected areas in Wayanad in Kerala, including worst-hit Puthumala, and assured residents of help.
 

The RBI reduced the key policy rate thrice with an aggregate reduction of 0.75 percentage points in the repo rate, the rate at which RBI lends to banks.

Former RBI governor and Chicago economist Raghuram Rajan, while in India to promote his new book The Third Pillar, spoke to two television channels. Earlier, Union finance minister Arun Jaitley had rubbished the concern raised by 108 economists about the reliability of data. MyNation spoke to economist Surjit S Bhalla where he said, while he was yet to complete his research on growth and job data, as of now the indicators from his study are positive.

With Prime Minister Narendra Modi's declaration on Tuesday that GST for most goods will be brought in the sub-18% slab, good news keeps pouring in, as RBI governor Shatikanta Das is now working on enhancing liquidity even as the rupee climbed an impressive 110 p against the US dollar on December 18

Here's why the market is happy about the appointment as RBI governor of Shaktikanta Das, who has had a record of pushing government interest in the parleys with the central bank

The RBI governor's resignation was being speculated right from the time it was rumoured that the government had cited a never-before-used provision of the RBI Act to get him to consider its views on relaxing lending norms for MSMEs, the appropriate size of reserves, etc, much as Finance Minister Arun Jaitley had refuted the speculation

Tensions have escalated recently, with the finance ministry initiating discussion under Section 7 of the RBI Act, 1934, which empowers the government to issue directions to RBI governor

The CIC has also asked the Prime Minister’s Office, the Finance Ministry and the Reserve Bank of India (RBI) to make public the letter of former RBI governor Raghuram Rajan on bad loans.