Keyword : Urjit Patel

“Stressed assets liquidation key to de-clog bank balance sheets”

Swift, time-bound resolution or liquidation of stressed assets will be critical for de-clogging bank balance sheets and for efficient reallocation of capital, said Reserve Bank of India governor

Total cost of farm loan waiver about Rs 130,000 crore: RBI chief

 Beginning with Tamil Nadu in 2016, domino effects have spread in 2017 to several states and the total cost of farm loan waivers announced amounts to around Rs 1,30,000 crores, which is 0.8 pe

Bank recapitalisation plan will safeguard economic future: RBI chief

A well-capitalised banking, and in general, financial intermediation, system is a pre-requisite for stable economic growth, said RBI governor Urjit Patel who added that economic history has shown u

Why RBI should have operational independence

The recent uproar in the country regarding the finance ministry apparently coercing the RBI in doing things it is unwilling to do has spiked to such heights that the RBI deputy governor valiantly w

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