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Sunday, April 5, 2026
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.

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

The influencer war that took rural creator Pujarini Pradhan global

As social media debated whether audiences were consuming Pujarini Pradhan as a symbol, The Juggernaut turned her into a story that could circulate globally, with or without her participation.

SEBI proposes return of open market share buybacks to support stocks

Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.

South Korea’s Cheongung-II missile system makes its mark in West Asia war. Here’s why

UAE has been using this defence system, which is similar to America's Patriots, against Iranian missiles and unmanned aerial vehicles.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.