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Saturday, October 4, 2025
TopicUrijit Patel

Topic: Urijit Patel

Modi govt move to ‘dilute’ bankruptcy law led to our rift, RBI ex-governor Urjit Patel says

The rift centered around February 2018 circular issued by RBI, which forced banks to immediately classify borrowers as defaulters when they delayed repayments.

Viral Acharya leaves RBI as his calls to protect its surplus reserves go unheeded

Deputy Governor Viral Acharya leaves RBI today with a sense of unfinished business on the central bank’s autonomy & the health of lenders.

RBI’s Urjit Patel says oil prices will boost economy, stays mum on face-off with Modi govt

Urjit Patel, who appeared before a Parliamentary panel, didn't answer questions on several issues including the RBI's autonomy, according to sources.

Indian rupee, Asia’s worst performing currency, crashes past the 70 level to new low

The rupee dropped to 70.08 per dollar before recovering to 69.85 as state-run banks sold dollars, probably on behalf of RBI. There’s not a moment...

India joins emerging markets by raising key interest rate

RBI’s move comes as central banks in emerging markets step up action to counter capital outflows and weaker currencies that threaten to drive up inflation.

In first reaction to PNB-Nirav Modi scam, RBI governor Urjit Patel puts onus on govt

Patel defended the central bank, saying it is simply impossible for the regulator “to be in every nook and corner of banking activity to...

RBI data isn’t enough to argue if demonetisation was a success or failure

It's premature to decide whether demonetisation is a success or failure, write economists Jagdish Bhagwati, Vivek Dehejia and Pravin Krishna.

On Camera

6 reasons Trump’s Gaza plan won’t work—even if Hamas accepts it

On paper, the 21-point plan looks balanced—Palestinian governance, international oversight, reconstruction pledges. But in reality, it is a non-negotiable diktat.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Army chief’s big warning to Pakistan: Stop sponsoring terrorism if you want to exist geographically

Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.

How Pakistan thinks: Army for hire, ideology of convenience

Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.