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Monday, September 15, 2025
TopicUrjit Patel

Topic: Urjit Patel

Urjit Patel had told me he wanted to quit as RBI governor 6-7 months back – Modi

PM Narendra Modi said Urjit Patel had been considering leaving his position as governor of Reserve Bank of India for several months.

RBI governor Shaktikanta Das to meet private sector lenders next week

Das took over as the Governor of RBI last week following the abrupt exit of Urjit Patel. 

RBI has excess capital in Rs 5.7-7.9 lakh-crore range, says paper by Arvind Subramanian

The paper adds to ongoing debate on transfer of excess RBI reserves to the govt that has been a major bone of contention between the two parties this year.

Arvind Subramanian defends Urjit Patel’s ‘terrific job’, says need to address NPA issue

Former CEA Arvind Subramanian says RBI autonomy critical but it’s also important to hold it accountable as there have been lapses like in case of IL&FS.

Fears for the RBI’s freedom are overblown

If the government deserves blame, it’s for not holding the RBI to account much sooner, not for undermining its independence.

RBI’s new chief Shaktikanta Das buys time as worries on autonomy linger

Investors are reassured about the RBI's autonomy for now as new governor Shaktikanta Das is considered more amenable to the Centre’s requests.

Piyush Goyal slams RBI under Urjit Patel — one cannot have power without being responsible

Union minister Piyush Goyal lashes out at move by RBI under Urjit Patel to change norms of the prompt corrective action for banks.

Autonomy worries are top of the mind as RBI board meets under new governor

The 18-member RBI board is expected to discuss a proposal by the Modi govt for closer supervision of the central bank.

Shaktikanta Das expected to play it safe at his first RBI board meeting tomorrow

RBI board is likely to sign off on terms of reference of the committee that will look into the issue of transfer of surplus RBI reserves.

Narendra Modi government now has a great opportunity to reform RBI

Long-term reform requires a vision and the willingness of the government and the new RBI Governor to risk political capital.

On Camera

Indian cricket team and its half-hearted performative patriotism

India won the match against Pakistan. But when it came to upholding the spirit of the game, they dropped the ball.

What’s behind bond yields’ logic-defying spike? The market’s concern over the future

While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.

New Defence Procurement Manual out, first since 2009, with moves to cut red tape, ease pvt participation

The updated manual introduces reforms like guaranteed orders, lower financial penalties & simplified procurement for specialised equipment.

Gen Zs have taken down the Nepal regime. Here’s why this will never happen in India

To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.