RBI Governor

  • RBI Governor launches Indian Bank's mobile branches July 12, 2014

    Chennai: As part of the urban financial inclusion initiative by public sector Indian Bank, two mobile branches with ATM facility was launched by RBI Governor Raghuram G Rajan. Rajan recently launched two mobile branches with ATM facility to provide banking services in areas of Royapuram, Tiruvotriyur, Tondiarpet in North Chennai...
  • Raghuram Rajan signed Rs 1000 banknotes to come up shortly May 6, 2014

    Mumbai: Reserve Bank will shortly issue banknotes of Rs 1000 denomination in the Mahatma Gandhi series-2005 bearing the signature of Governor Raghuram Rajan. "The RBI will shortly issue Rs 1000 denomination Banknotes incorporating rupee symbol on the obverse and reverse, with inset letter 'L' in both the numbering panels, in the...
  • Chidambaram to discuss United Bank crisis with RBI Governor March 5, 2014

    New Delhi: Finance Minister P Chidambaram on Wednesday said he will discuss United Bank of India's bad loan crisis with the Reserve Bank Governor later this week. "United Bank is a special case. We will deal with that. It's not an alarming case...UBI issue will be discussed separately when the governor...
  • I am not superman: RBI Governor Raghuram Rajan October 13, 2013

    Washington: RBI Governor Raghuram Rajan, who has increasingly been portrayed as a "rock star" after occupying the current position, both in the national and international media, has said that he is "not a superman" acknowledging "little bit" of euphoria surrounding him. "Expectations are high. Clearly I am not a superman. There...
  • RBI governor Raghuram Rajan receives Deutsche Bank Prize September 27, 2013

    Frankfurt: Reserve Bank of India governor Raghuram G Rajan has been awarded the Fifth Deutsche Bank Prize for Financial Economics 2013, in recognition of his ground-breaking research work which influenced financial and macro-economic policies around the world. The academic prize is sponsored by the Deutsche Bank Donation Fund and carries an...
  • RBI is anti-inflation, asserts governor Raghuram Rajan September 20, 2013

    Asserting that Reserve Bank is "anti-inflation", new Governor Raghuram Rajan, on Friday, said partial easing of its recent liquidity tightening measures coupled with repo rate hike is supportive of growth, a remark that helped the markets trim losses. "Of course, we are anti-inflation...of course, our intent is to signal a stance...
  • The Last Word: What are the key challenges facing the new RBI governor? September 4, 2013

    Raghuram Rajan, a suave, unflappable University of Chicago economist, stepped into the heart of the storm roiling India's economy on Thursday as the Reserve Bank of India's new governor and chief defender of a nose-diving rupee. The currency has plunged nearly 20 per cent since May as Asia's third-largest economy...
  • Raghuram Rajan to take over as RBI Governor on Wednesday September 3, 2013

    Internationally renowned economist Raghuram Rajan will take over as RBI Governor on Wednesday and plunge straight into a fire-fight situation as the country battles a rapid fall in rupee, high inflation, low growth and burgeoning current account deficit (CAD). 50-year-old Rajan, a former chief economist with the International Monetary Fund (IMF)...
  • High hopes riding on new RBI chief Raghuram Rajan August 7, 2013

    Born in Bhopal in 1963, Raghuram Rajan has a bachelor's degree in electrical engineering, a Post Graduate Diploma in Business Administration from the Indian Institute of Management Ahmedabad, and a PhD in management from the MIT. ...
  • Subbarao faced hostile political environment: AK Bhattacharya August 7, 2013

    Has the outgoing RBI Governor's tenure been beneficial for India? There are allegations that he stifled growth in his zeal to contain inflation? Or was it the only way to address the widening Current Account Deficit? Business Standard's editor AK Bhattacharya joined IBNLive readers for an interaction on the issue. Q....
  • PMEAC Chairman Rangarajan for curbs on speculation to check rupee fall August 6, 2013

    New Delhi: Speculative activities in the forex market should be curbed and short-term measures are needed to take corrective action to arrest the fall in the rupee, which hit an all-time low, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan said on Tuesday. The rupee dropped to a record low...
  • Reserve Bank should transform into knowledge institution July 4, 2013

    Chennai: The Reserve Bank of India (RBI) should transform into a knowledge institution to meet the challenges posed in the changing global economic scenario, said an official. "During the last five years the world has passed through an extraordinary economic crisis. The central banks across the world were blamed for that....
  • RBI is doing too much too soon: Latha Venkatesh January 31, 2013

    CNBC-TV18's Banking Editor Latha Venkatesh joined IBNLive readers for an interaction on RBI's recent credit policy changes. Q. Despite whatever the RBI is trying to do, the economy doesn't seem to show signs of revival? Far too dependent on the West are we? Asked by: Narayan A....
  • Provide banking facilities in each village: RBI to banks January 16, 2013

    Barabanki: Reserve Bank of India (RBI) Governor D Subbarao on Wednesday asked banks to meet the target of providing banking facilities to small towns soon. "It is unfortunate that 90 per cent villages of the country do not have banking facilities. The target of RBI is to ensure that every...
  • FM, RBI Governor discuss moves to protect economy November 18, 2008

    New Delhi: The Reserve Bank is continuously monitoring the liquidity situation and would decide on its future course of action on interest rates at an appropriate time, Governor D Subbarao said on Tuesday. "We are hearing what everyone is saying and the decision will be taken at...