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Saturday, August 30, 2025
TopicRBI

Topic: RBI

Modi govt seeks to ease RBI standoff after citing never-used Section 7

Section 7 of the RBI Act empowers the government to consult & instruct the governor to act on issues that it considers to be in the public interest.

Govt has nurtured and respected the autonomy of RBI: Arun Jaitley

The finance minister said that RBI's autonomy, within the framework of the RBI Act, is an essential and accepted governance requirement.

Modi govt cites never-used powers for resolving issues with RBI

The finance ministry and RBI are said to have differed on the central bank's handling of weak public sector banks.

Section 7 of RBI Act — Modi govt’s ‘secret weapon’ against the central bank

In light of the very public row between the Modi govt and RBI over the latter's NPA rules, there's been talk that the govt could invoke Section 7 of RBI Act.

Former RBI chief on why governments and central banks differ so much

There is a price to pay, of course, for not falling in line with the government, writes D Subbarao.

Is Viral Acharya speech just another fight or shows Modi govt’s inability to work with RBI?

RBI deputy governor Viral Acharya lashed out at the government for trying to undermine the authority and curb the independence of the central bank...

5 reasons why the RBI and Modi govt are at loggerheads

From a banking crisis to interest rates, the RBI has often found itself on opposing sides to the Modi government this year.

We might be headed towards a massive showdown between Narendra Modi govt and Urijit Patel’s RBI

Patel is under pressure for further tightening the screws on undercapitalised banks and errant corporate borrowers that are worried they may lose prized assets.

Modi govt underplays rift with RBI after Viral Acharya’s fiery speech

Finance ministry officials say it's a healthy sign that the government and RBI are not on the same page. 

Govt & RBI must quell speculation about ‘deteriorating relationship’

The 50-word Edit — ThePrint view on the most important issues, instantly.

On Camera

From Vedanta, India turned to Nehruvian socialism and buried its liberal roots: Sharad Joshi

An Indian Hitler will have to be exceptionally lucky to survive for any length of time. This much hope ought to be enough for seekers of liberty and equality, wrote Sharad Anantrao Joshi, president of Swatantra Bharat Paksh party, in 1995.

Easy loans, uneasy ‘debt traps’. Women harassed by private lenders ask ‘who will restore lost dignity?’

A public meeting, where the women voiced their protest, took place this month in Delhi, grounded on the findings of an AIDWA survey, covering 9,000 women borrowers.

Ahead of SCO meet, Russia & China stage maiden joint submarine patrol in Sea of Japan, East China Sea

Joint submarine patrol ‘covered more than 2,000 nautical miles’ and was joined by Russian support vessels. Beijing maintains exercise ‘not directed against any third party’.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.