It’s a pattern seen elsewhere as well.
Sensex tanks over 500 points, Nifty falls below 10,400. Analysts say currency fall is a knee-jerk reaction. Indian assets declined as investors reacted to th...
The loss of Patel adds another layer of risk to monetary policy amid economic threats both foreign and domestic.
Reports of Deputy Governor Acharya also having quit are baseless and incorrect, said an RBI spokesperson.
Patel's departure has stirred questions about the independence of the Reserve Bank of India amid a public spat with the government.
The week-long extravaganza is estimated to cost about $100 million.
In January 1957, Sir Benegal Rama Rau resigned after Prime Minister Jawaharlal Nehru's strongly-worded letter about the nature of RBI's function.
It was clear to Parliamentary panel that Urjit Patel was under lot of stress and pressure, says former Union minister Veerappa Moily on RBI Governor’s resignati...
RBI governor Urjit Patel, who resigned Monday, had succeeded Raghuram Rajan in September 2016 for a three-year term and demonetisation was implemented during his tenure.
Urjit Patel, whose term as RBI governor was due to end next September, resigned on Monday. Urjit Patel resigned as governor of India’s central bank amid grow...