RBI cuts the repo rate today by 0.25% to 6%, the lowest it has been since 2010 (it was at 6% in 2017 too, for a while). This isn’t the lowest though ...
The Government’s asking the RBI for money, and saying it has too much capital. The conversations around this are of this sort: Oh man the government is ...
Kotak Bank, known as one of the finest private banks in India, has knocked the doors of the courts against its own regulator, the Reserve Bank of India. We ...
Urjit Patel, Governor of the Reserve Bank of India, has resigned. Abruptly. Saying he’s off for personal reasons. (See note) How complex is this? Why ...
In a recent lecture, N.S. Vishwanathan, Deputy Governor of the Reserve Bank of India which talked about the famous circular: The Revised Framework for ...
The RBI is supposed to be independent from the government. Complaints have come, some from the RBI itself, that the government is trying to undermine that ...
The RBI announced a very boring credit policy with no changes to CRR or Interest rates. But one thing it did say was that: 13. Review of Short Selling ...
We wrote earlier this month that the cost of Demonetization was Rs. 34,000 cr. after a much lower dividend from the RBI. We even written in November 2016 that ...
The RBI will pay Rs. 306.59 billion (Rs. 30,659 cr.) to the government as a “surplus”. Versus Rs. 65,000 cr. in the previous years. Oh my goodness, ...
