#urjit patel

View: Reserve Bank of India’s loan restructuring; atoning past sins

[ad_1]

“In finance, everything that is agreeable is unsound and everything that is sound is disagreeable,’’ said Winston Churchill.

As the ink dries on Reserve Bank of India Governor Shaktikanta Das’ order to permit restructuring of loans to alleviate the Covid-19 inflicted pain, the debate about its soundness is on.

Forbearance has been a part of Indian central banking lexicon for decades –…

RBI is compromising on financial stability, need to recapitalise system, says Viral Acharya

[ad_1]

MUMBAI: The Reserve Bank of India has been diluting some of the toughest measures prescribed for financial stability and its surplus liquidity policy has weakened inflation-targeting and shifted the goal post, former deputy governor Viral Acharya has said.

“We are certainly showing signs of willingness to accommodate and compromise,” Acharya told ET in an interview. “Look at the number of…

… Why I resigned

After one and a half years of resignation, citing the personal reasons, Urjit Patel has now revealed the real reason of his resignation.

In his book Overdraft- Saving the Indian Saver, he has explained that “the moves to dilute the Insolvency and Bankruptcy Code” led the cause of his sudden exit from the central bank. Patel was served as the 24th governor of Reserve Bank of India since…

Former RBI governor Patel pens book on dealing with NPA issue

Urjit Patel, whose stint as the head of the central bank was one of the most tumultuous in recent times that ended with the rare event of an RBI Governor resigning, will be releasing a book later this month, his publishers have said.

Titled ‘Overdraft: Saving the Indian Saver’, the book focuses on the non-performing assets (NPAs) issue that has afflicted Indian banking in recent years, its…

Former RBI governor Patel pens book on dealing with NPA issue

[ad_1]

Urjit Patel, whose stint as the head of the central bank was one of the most tumultuous in recent times that ended with the rare event of an RBI Governor resigning, will be releasing a book later this month, his publishers have said.

Titled ‘Overdraft: Saving the Indian Saver’, the book focuses on the non-performing assets (NPAs) issue that has afflicted Indian banking in recent years,…

RBI के गवर्नर पद से इस्‍तीफा देने वाले उर्जित पटेल को मिली नई जिम्‍मेदारी

[ad_1]

नई दिल्‍ली: भारतीय रिजर्व बैंक के पूर्व गवर्नर उर्जित पटेल को राष्ट्रीय लोक वित्त एवं नीति संस्थान (एनआईपीएफपी) का चेयरमैन नियुक्त किया गया है. आर्थिक शोध संस्थान ने कहा कि पटेल 22 जून से यह पद संभालेंगे. वह विजय केलकर का स्थान लेंगे. केलकर ने एक नवंबर, 2014 को संस्थान के चेयरमैन का पद संभाला था.

एनआईपीएफपी ने बयान में कहा, ‘‘हमें इस बात की खुशी है कि रिजर्व बैंक के पूर्व गवर्नर उर्जित…