Shaktikanta Das assumes charge as 25th RBI governor
6 years, 1 month ago

Shaktikanta Das assumes charge as 25th RBI governor

Live Mint  

New Delhi: Shaktikanta Das, former economic affairs secretary, has assumed charge on Wednesday as the 25th governor of the Reserve Bank of India. The government on Tuesday appointed Das, 61, as the RBI governor for a three-year term, a day after Urjit Patel tendered his resignation. Das, a 1980-batch Tamil Nadu cadre IAS officer, oversaw the re-monetisation of the economy after the Prime Minister Narendra Modi’s shock decision to withdraw 86 per cent of the currency in circulation in November 2016. Urjit Patel resigned four days ahead of the crucial meeting of the RBI Board where government nominee directors were expected to push the central bank on governance issues.

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RBI Dy Governor portfolio reshuffle: M Rajeshwar Rao to be in charge of MPC, T Rabi Sankar gets financial market ops
22 hours, 30 minutes ago

RBI Dy Governor portfolio reshuffle: M Rajeshwar Rao to be in charge of MPC, T Rabi Sankar gets financial market ops

Live Mint  

RBI Dy Governor portfolio reshuffle: The Reserve Bank of India announced the portfolio duty rejig of its three remaining deputy governors on Tuesday, January 14, with the retirement of Dr Micheal Debabrata Patra, RBI's senior-most deputy governor. According to the central bank's latest duty allocation, M Rajeshwar Rao will take charge of the Department of Monetary Policy, which Dr Patra …

Kerala, Bihar governors swapped, ex-Union home secretary gets Manipur charge
Trending News
3 weeks ago

Kerala, Bihar governors swapped, ex-Union home secretary gets Manipur charge

Hindustan Times  

President Droupadi Murmu on Tuesday appointed Kerala Governor Arif Mohammed Khan, former Union home secretary Ajay Bhalla, and ex-army chief and former Union minister General VK Singh as new governors of Bihar, Manipur and Mizoram, respectively, a statement issued by the Rashtrapati Bhavan said. Former Union Home Secretary Ajay Kumar Bhalla is the new Governor of Manipur. President Murmu also …

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation
Top News
1 month ago

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation

Firstpost  

Sanjay Malhotra took charge as the 26th Governor of Reserve Bank of India. He assumes the crucial post at a very critical juncture, where growth and inflation balance has ‘unsettled’ as per his predecessor Shaktikanta Das Sanjay Malhotra takes charge as the 26th Governor of Reserve Bank of India. Sanjay Malhotra took charge as the 26th Governor of the Reserve …

Sanjay Malhotra takes charge as RBI Governor
Trending News
1 month ago

Sanjay Malhotra takes charge as RBI Governor

Deccan Chronicle  

Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India. Malhotra, a career bureaucrat, arrived at the central bank's headquarter this morning, where he was welcomed by senior RBI staffers.The central bank confirmed Malhotra's appointment through a post on the microblogging site "X" and also shared a few pictures.Malhotra, who recently served as the …

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor
Trending News
1 month ago

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor

ABP News  

Sanjay Malhotra took office as the 26th Governor of the Reserve Bank of India on Wednesday. Malhotra has stepped into the role at a time when India's economy faces slowing growth and persistent inflation, with differing views emerging between the central government and the RBI on the necessity of lowering interest rates. Bond yields dropped, and the rupee weakened after …

India’s new central bank governor takes over as economic growth slows and inflation rises
1 month ago

India’s new central bank governor takes over as economic growth slows and inflation rises

Associated Press  

NEW DELHI — India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India, succeeding Shaktikanta Das, who retired as central bank governor after an extended six-year term. In a brief statement Wednesday, …

New Challenges for New RBI Governor
1 month ago

New Challenges for New RBI Governor

Deccan Chronicle  

The new year 2025 is going to see a new and very different MPC composition with three newly appointed external MPC members in October 2024, being now joined by the new governor and possibly a new deputy governor in January 2025 with deputy governor Michael Patra's tenure getting over. Entrenched state of India's stagflation, tricky timings and small window of …

Shaktikanta Das lists out tasks for new RBI Governor
Trending News
1 month ago

Shaktikanta Das lists out tasks for new RBI Governor

Deccan Chronicle  

Mumbai: The outgoing Reserve Bank of India governor Shaktikanta Das on Tuesday said that “restoring inflation-growth balance” is the most important task ahead of the central bank. “So far as the Reserve Bank is concerned, I think restoring the inflation growth balance is the most important task ahead of the Reserve Bank, and I am sure the team RBI, under …

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings
Top News
1 month ago

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings

Hindustan Times  

NEW DELHI: Achieving the right balance between inflation and growth, a key tradeoff for all economies, is “the most important task for the Reserve Bank of India ”, Shaktikanta Das, the outgoing governor of India’s central bank, said on Tuesday. The government on Dec 9 appointed revenue secretary Sanjay Malhotra as the new central bank governor, surprising markets, which expected …

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings
1 month ago

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings

Hindustan Times  

NEW DELHI: Achieving the right balance between inflation and growth, a key tradeoff for all economies, is “the most important task for the Reserve Bank of India ”, Shaktikanta Das, the outgoing governor of India’s central bank, said on Tuesday. The government on Dec 9 appointed revenue secretary Sanjay Malhotra as the new central bank governor, surprising markets, which expected …

India’s Departing Central Bank Governor Leaves a Lasting Legacy
1 month ago

India’s Departing Central Bank Governor Leaves a Lasting Legacy

Live Mint  

-- As Shaktikanta Das finishes up his tenure as India’s central bank governor, handing over the reins to a career bureaucrat, many have praised his performance as a relative outsider who leaned on diplomacy to propel the world’s fastest-growing major economy to new heights. Though many expected the government to extend Das’s tenure — and tied the final choice of …

3 big challenges Sanjay Malhotra will face as RBI governor
1 month ago

3 big challenges Sanjay Malhotra will face as RBI governor

Firstpost  

Revenue Secretary Sanjay Malhotra is all set to succeed Shaktikanta Das as the Reserve Bank of India governor. As Malhotra begins his three-year tenure begins tomorrow, a look at three big challenges that he will face as India’s central bank head Sanjay Malhotra will assume charge as the 26th governor of the Reserve Bank of India. Challenges before Sanjay Malhotra …

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das
1 month ago

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Live Mint  

Mumbai, Dec 10 Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as …

In Shaktikanta Das' farewell message, a ‘big thank you’ to ‘Team RBI’
1 month ago

In Shaktikanta Das' farewell message, a ‘big thank you’ to ‘Team RBI’

Hindustan Times  

Shaktikanta Das, the outgoing governor of the Reserve Bank of India, thanked ‘Team RBI’ in his farewell message ahead of formally demitting office on Tuesday. RBI's outgoing governor Shaktikanta Das Shaktikanta Das posted on X, “A BIG thank you to the entire Team RBI. He also extended his ‘heartful thanks’ to finance minister Nirmala Sitharaman, noting that under her, the …

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’
1 month ago

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’

Live Mint  

Reserve Bank of India Governor Shaktikanta Das is stepping down today, December 10. ‘Benefitted from PM Modi's Thoughts and Ideas’ Thanking the prime minister, Das added, “Immensely grateful to the Hon’ble PM Narendra Modi for giving me this opportunity to serve the country as Governor RBI and for his guidance and encouragement. Benefited a lot from his ideas and thoughts.” …

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra
Top News
1 month ago

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra

India Today  

Outgoing Reserve Bank of India Governor Shaktikanta Das shared his thoughts on his successor, Sanjay Malhotra, during a press conference held on his final day in office. Shaktikanta Das spoke highly of Sanjay Malhotra, who is set to take over as the new RBI Governor for a three-year term, effective Wednesday, December 11. COORDINATION WITH THE FINANCE MINISTRY Shaktikanta Das …

Shaktikanta Das: Six major policy decisions in six years as RBI Governor
1 month ago

Shaktikanta Das: Six major policy decisions in six years as RBI Governor

India TV News  

Outgoing Reserve Bank of India Governor Shakti Kant Das has guided the country’s monetary policy through turbulent times during his six-year tenure. The central bank also announced a monetary policy including a Targeted Long-Term Repo Operations of Rs 1 lakh crore aimed at supporting critical sectors like MSMEs and NBFCs. Indian digital currency revolution Under Das’s leadership, India made significant …

Who is Sanjay Malhotra? 5 things to know about the new RBI Governor
1 month ago

Who is Sanjay Malhotra? 5 things to know about the new RBI Governor

India Today  

The Reserve Bank of India will welcome its 26th Governor on December 11, as Sanjay Malhotra officially takes charge. Shaktikanta Das, known for steering the RBI through critical phases, leaves the post after maintaining steady interest rates for nearly two years amid inflation concerns. FIVE KEY FACTS ABOUT THE NEW RBI CHIEF, SANJAY MALHOTRA Sanjay Malhotra is a 1990-batch Indian …

Sanjay Malhotra appointed India’s 26th RBI Governor. Who is he?
1 month ago

Sanjay Malhotra appointed India’s 26th RBI Governor. Who is he?

Firstpost  

The Centre has appointed Revenue Secretary Sanjay Malhotra as the 26th Reserve Bank of India governor. He has a Bachelor’s degree in computer science from IIT Kanpur and a Master’s degree in public policy from the prestigious Princeton University The government has appointed Sanjay Malhotra as the new RBI Governor. Appointments Committee of the Cabinet has appointed Revenue Secretary Sanjay …

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das
Top News
1 month ago

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das

Live Mint  

Revenue Secretary Sanjay Malhotra was appointed as the next Governor of the Reserve Bank on Monday for a period of three years. He will take over the top post later this week — after the six-year term of Shaktikanta Das ends on December 10. However, growth slowed down to a seven-quarter low of 5.4 per cent in the July-September period …

Who is Sanjay Malhotra, Centre's pick as RBI governor?
1 month ago

Who is Sanjay Malhotra, Centre's pick as RBI governor?

Hindustan Times  

The Union government on Monday appointed revenue secretary Sanjay Malhotra as the next governor of the Reserve Bank of India for a three-year term. Malhotra will succeed Shaktikanta Das, who has served as the head of India's central bank for six years. Before his term as the revenue secretary, Malhotra served as the Secretary of the Department of Financial Services …

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das
1 month ago

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das

ABP News  

The central government announced on Monday the appointment of revenue secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India, replacing Shaktikanta Das with a three-year term starting from December 11, 2024. Das, who was appointed as the 25th RBI Governor on December 12, 2018, took office following Urjit Patel's sudden resignation. Before being appointed RBI Governor, …

Government Appoints Sanjay Malhotra as New RBI Governor
1 month ago

Government Appoints Sanjay Malhotra as New RBI Governor

Deccan Chronicle  

New Delhi: The government on Monday appointed Revenue Secretary Sanjay Malhotra in the Union ministry of finance as the 26th governor of the Reserve Bank of India, for a three-year term beginning from Wednesday. Malhotra will replace Shaktikanta Das, the second longest serving RBI governor, after Sir Benegal Rama Rau’s seven-year plus tenure. The decision on a new appointment of …

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das
1 month ago

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das

ABP News  

The government announced on Monday that Sanjay Malhotra, currently the revenue secretary for the government of India, will take over as the governor of the Reserve Bank of India. Malhotra, an experienced bureaucrat, will assume the role of the 26th Governor of the Reserve Bank of India, succeeding Shaktikanta Das, whose term concludes on Tuesday. Shaktikanta Das Meanwhile, before Shaktikanta …

Revenue secretary Sanjay Malhotra appointed as new RBI governor
1 month ago

Revenue secretary Sanjay Malhotra appointed as new RBI governor

Hindustan Times  

Revenue secretary Sanjay Malhotra has been appointed as the new Reserve Bank of India governor, an official notification from the Centre's cabinet committee stated on Monday. Malhotra, a 1990 batch Rajasthan cadre IAS Officer, will replace Shaktikanta Das, whose tenure comes to an end on Tuesday. Union revenue secretary Sanjay Malhotra is new RBI governor In his career of over …

India appoints Revenue Secretary Sanjay Malhotra as New RBI Governor
1 month ago

India appoints Revenue Secretary Sanjay Malhotra as New RBI Governor

Live Mint  

India on Monday appointed Revenue Secretary Sanjay Malhotra as new Governor of the Reserve Bank of India. The Appointments Committee of the Cabinet has appointed Sanjay Malhotra as the next RBI Governor for a three-year term beginning from December 11, 2024, according to the official notification. Sanjay Malhotra will be the 26th Reserve Bank of India governor, succeeding Shaktikanta Das. …

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das
1 month ago

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das

India TV News  

Sanjay Malhotra was appointed as the Governor of the Reserve Bank of India on Monday, the Appointments Committee of the Cabinet in a statement informed. Malhotra a 1990 batch Indian Administrative Service officer from the Rajasthan cadre, will assume office from December 11, for the next three years, the RBI said in a statement. Revenue Secretary Malhotra will replace Shaktikanta …

1990-batch IAS, IITian: Meet Sanjay Malhotra, newly-appointed RBI Governor
1 month ago

1990-batch IAS, IITian: Meet Sanjay Malhotra, newly-appointed RBI Governor

India Today  

Sanjay Malhotra, a 1990-batch Indian Administrative Service officer from the Rajasthan cadre, has been appointed as the new Governor of the Reserve Bank of India for a three-year term. Malhotra's extensive experience across key sectors could help as he takes up the key role, replacing the outgoing Governor Shaktikanta Das. As the new RBI Governor, Malhotra will face significant challenges, …

Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor
1 month ago

Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor

India TV News  

RBI new governor: The Indian government has appointed Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. He will take over as RBI Governor from Shaktikanta Das, whose tenure will be ending on December 10, 2024. Malhotra played key role in financial reforms With over 33 years of experience across sectors such as finance, taxation, and governance, …

India replaces central bank governor in a surprise move
1 month ago

India replaces central bank governor in a surprise move

Al Jazeera  

With India’s economic growth slowing down and inflation rising, the new governor will have challenges to deal with. India has appointed career civil servant Sanjay Malhotra as its new central bank governor in a surprise move that leaves markets guessing about the future direction of monetary policy. Financial markets had expected the Reserve Bank of India’s current Governor Shaktikanta Das …

RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report
1 month, 1 week ago

RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report

ABP News  

The Reserve Bank of India Governor Shaktikanta Das met with Finance Minister Nirmala Sitharaman on Saturday. Citing sources, the report said that Das called on the finance minister ahead of the upcoming expiry of his extended tenure. Due to his three-year extension granted to Das, he is already one of the longest serving RBI governors in the banking regulator’s 90-year …

RBI monetary policy meeting: Will governor Shaktikanta Das announce a rate cut? What to expect?
1 month, 1 week ago

RBI monetary policy meeting: Will governor Shaktikanta Das announce a rate cut? What to expect?

Hindustan Times  

The Reserve Bank of India is set to announce its interest rate decision on Friday, December 6, following a three-day monetary policy meeting. "Coming up: Monetary Policy Statement by #RBI Governor @DasShaktikanta on December 06, 2024, at 10:00 am," the Reserve Bank announced on social media platform 'X'. Reserve Bank governor Shaktikanta Das, headed a six-member Monetary Policy Committee, started …

'RBI Governor Shaktikanta Das discharged from hospital, health condition fine', says Central bank
1 month, 2 weeks ago

'RBI Governor Shaktikanta Das discharged from hospital, health condition fine', says Central bank

India TV News  

Shaktikanta Das, the Governor of the Reserve Bank of India, got discharged form the hospital on Tuesday evening, the central bank spokesperson said. After his hospitralisation, the Central bank issued a health bulleting on its chief stating that there was no cause for concern and he would be discharged in a few hours. The RBI in a statement had said, …

RBI Governor Shaktikanta Das' term likely to be extended further
1 month, 3 weeks ago

RBI Governor Shaktikanta Das' term likely to be extended further

Deccan Chronicle  

The Centre is likely to extend the term of RBI governor Shaktikanta Das for a second time, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest serving chief since the 1960s.Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration before he was appointed to lead …

Shaktikanta Das' tenure as RBI governor likely to be extended: Report
1 month, 3 weeks ago

Shaktikanta Das' tenure as RBI governor likely to be extended: Report

India Today  

The government is planning to extend the tenure of Reserve Bank of India Governor Shaktikanta Das for a second time, reported news agency Reuters. Shaktikanta Das, who has been heading the RBI since December 2018, has already surpassed the typical five-year term seen in recent decades. Shaktikanta Das, a seasoned bureaucrat, was appointed as RBI governor during a period of …

RBI governor Shaktikanta Das's term likely to be extended further: Report
1 month, 3 weeks ago

RBI governor Shaktikanta Das's term likely to be extended further: Report

Hindustan Times  

The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. Reuters said the Finance Ministry, the Prime Minister's Office, and the central bank did not immediately respond to emails seeking comment. Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank, …

RBI invites applications for Deputy Governor’s post
2 months, 1 week ago

RBI invites applications for Deputy Governor’s post

The Hindu  

The Reserve Bank of India has invited applications for one Deputy Governor’s post from eligible applicants. One position is slated for vacancy as Deputy governor Dr Michael Debabrata Patra, in charge of monetary policy and a member of the Monetary Policy Committee, is scheduled for retirement in mid January 2025. The applicants, not to be more than 60 years of …

President Droupadi Murmu appoints six new Governors, reshuffles three others
5 months, 2 weeks ago

President Droupadi Murmu appoints six new Governors, reshuffles three others

The Hindu  

President Droupadi Murmu appointed six new Governors and reshuffled three others, a Rashtrapati Bhavan communique said. In a politically significant exercise, BJP veteran Om Mathur has been appointed as the new Governor of Sikkim and Manipur Governor Anusuiya Uikye has been replaced by Lakshman Prasad Acharya, who has been moved from Sikkim to Assam and given additional charge of Manipur. …

Former RBI Governor Raghuram Rajan joins Congress-led Bharat Jodo Yatra in Rajasthan
2 years, 1 month ago

Former RBI Governor Raghuram Rajan joins Congress-led Bharat Jodo Yatra in Rajasthan

Deccan Chronicle  

JAIPUR: Reserve Bank of India's former governor Raghuram Rajan on Wednesday joined Rahul Gandhi during the Congress-led Bharat Jodo Yatra in Rajasthan. The Bharat Jodo Yatra, which started from Kanyakumari in Tamil Nadu on September 7, is passing through Rajasthan. "#BharatJodoYatra Shri Raghuram Rajan, former Governor of RBI, shaking steps with @RahulGandhi ji. Dr Raghuram Rajan was the 23rd Governor …

Bhupendra Patel Takes Charge as Gujarat CM
2 years, 1 month ago

Bhupendra Patel Takes Charge as Gujarat CM

News 18  

Bharatiya Janata Party leader Bhupendra Patel on Tuesday took charge as the 18th Chief Minister of Gujarat at the state secretariat in Gandhinagar. Along with Patel, all the 16 ministers including eight cabinet-rank ministers also took charge of their respective departments at Swarnim Sankul-1 and Swarnim Sankul-2, said an official press release. Patel took oath as chief minister for the …

Shantikanta Das gets three year extension, will continue as RBI governor till December 2024
3 years, 2 months ago

Shantikanta Das gets three year extension, will continue as RBI governor till December 2024

Firstpost  

The former IAS officer is the first governor to get an extension under the Narendra Modi government The government has extended the term of Reserve Bank of India Governor Shaktikanta Das by another three years up to December 2024, according to an official order. An official order dated 28 October said the government has reappointed Das as the governor of …

Govt extends RBI governor Shaktikanta Das' term for another 3 years
3 years, 2 months ago

Govt extends RBI governor Shaktikanta Das' term for another 3 years

India TV News  

The Centre on Friday extended the tenure of Reserve Bank of India Shaktikanta Das for a period of three years. "The Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.2021 or until further orders, whichever is earlier," reads an official statement. Shaktikanta Das …

RBI Monetary Policy Meet Today: Time, How to Watch Shaktikanta Das' Address
3 years, 3 months ago

RBI Monetary Policy Meet Today: Time, How to Watch Shaktikanta Das' Address

News 18  

The Reserve Bank of India Governor Shaktikanta Das will announce the decision of bi-monthly Monetary Policy Committee at 10 am on October 8. “Watch out for the Monetary Policy statement of the RBI Governor @DasShaktikanta at 10:00 am on October 08, 2021,” India’s central bank said on Twitter. During the last MPC meet, RBI Governor Shaktikanta Das said that the …

Great Eastern Shipping Appoints Former RBI Governor Urjit Patel as Additional Director
4 years, 5 months ago

Great Eastern Shipping Appoints Former RBI Governor Urjit Patel as Additional Director

News 18  

Great Eastern Shipping Company Ltd on Thursday said its board has appointed former RBI Governor Urjit Patel as an additional and independent director for a term of five years. "The Board has appointed Urjit Patel as an Additional and Independent Director of the Company for a term of 5 years w.e.f. August 01, 2020…We hereby affirm that Urjit Patel is …

History behind, Shaktikanta Das-led RBI charts new trails sans acrimony
5 years ago

History behind, Shaktikanta Das-led RBI charts new trails sans acrimony

India TV News  

When the Narendra Modi government, stumped by the sudden resignation of Urjit Patel, parachuted retired bureaucrat Shaktikanta Das to RBI in December 2018, many expected a great lull in the public acrimony that marred the days of his academically more illustrious predecessors Patel and Raghuram Rajan. Even as it eased the rates, the RBI slashed growth estimates by an unprecedented …

RBI rate cut: India’s central bank slashes interest rate to lowest in nine years
5 years, 5 months ago

RBI rate cut: India’s central bank slashes interest rate to lowest in nine years

CNN  

New Delhi CNN Business — India’s central bank has cut interest rates for a fourth time this year, slashing its key lending rate to the lowest level in nine years in a bid to support the country’s faltering economy. The country’s former chief economic adviser, Arvind Subramanian, said in June that India’s growth figures for the past several years may …

Outspoken deputy governor Viral Acharya ends his RBI stint; will return to teach at New York University
5 years, 5 months ago

Outspoken deputy governor Viral Acharya ends his RBI stint; will return to teach at New York University

Firstpost  

Mumbai: Viral Acharya ended his stint as the Deputy Governor of the Reserve Bank on Tuesday, after last month’s surprise resignation where the outspoken academic chose to cut short his time in office. Forty-five-year old Acharya will be going back to teach at New York University’s Stern School of Business. Acharya was one of the youngest deputy governors in the …

Centre appoints four new Governors, Jagdeep Dhankar now in-charge of West Bengal
5 years, 5 months ago

Centre appoints four new Governors, Jagdeep Dhankar now in-charge of West Bengal

The Hindu  

In a major reshuffle, President Ram Nath Kovind on Saturday transferred two Governors and made four new appointments across six States. New Governors will take charge of the Raj Bhavans in Madhya Pradesh, Uttar Pradesh, West Bengal, Bihar, Nagaland and Tripura. Senior Supreme Court advocate and former MP Jagdeep Dhankhar will be the new Governor of West Bengal, replacing Keshari …

Former Gujarat CM Anandiben Patel replaces Ram Naik as UP governor
5 years, 5 months ago

Former Gujarat CM Anandiben Patel replaces Ram Naik as UP governor

Hindustan Times  

In a major reshuffle on Saturday, President Ramnath Kovind transferred Anandiben Patel from Madhya Pradesh and appointed her as the Governor of Uttar Pradesh, besides appointing new governors in West Bengal, Tripura, Madhya Pradesh, Bihar and Nagaland. Anandiben Patel A Rashtrapati Bhavan press communique said: “The President of India is pleased to make the following appointments. Anandiben Patel, Governor of …

N.S. Vishwanathan reappointed RBI deputy governor for one year
5 years, 6 months ago

N.S. Vishwanathan reappointed RBI deputy governor for one year

Live Mint  

Vishwanathan on Monday was reappointed as deputy governor of the Reserve Bank of India. The Appointments Committee of Cabinet has approved the extension of Vishwanathan's term as RBI deputy governor by one year with effect from 4 July this year, the order issued by the Personnel Ministry said. Vishwanathan's reappointment has caught many RBI watchers by surprise as they were …

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