Government-RBI spat: Detente in the cold war?
The government moved swiftly and appointed Shaktikanta Das as RBI governor after Urjit Patel’s abrupt resignation. But can Das stabilise the rocky relationship between the government and the RBI?
urjit patel
January 2019
December 2018
Special discussion: The government-RBI spat
A Fortune India special on the resignation of former RBI governor Urjit Patel, the appointment of Shaktikanta Das, and other questions surrounding the autonomy and independence of the institution.
Much ado about something
Does the RBI hamper growth, and obstruct the major objective of the government – creating jobs and alleviating poverty?
RBI’s governance needs examination: Board
Post the first meeting under the chairmanship of newly appointed governor, Shaktikanta Das, the RBI’s central board said the governance framework required a closer look.
Shaktikanta Das is new RBI governor
The former economic affairs secretary has been appointed the governor of India’s central bank for a period of three years.
Sensex, Nifty rebound to close in the green
Despite news of the RBI governor’s resignation and state election results, Dalal Street rebounds to close 0.5% up.
The price of dissent
RBI governor Urjit Patel’s resignation shows that on contentious economic issues there is no space for an amicable solution between the govt and the central bank in the current political scenario.
Decoding the government-RBI spat
The story behind Urjit Patel’s resignation.
RBI governor Urjit Patel quits
Move seen as fallout of bitter spat with government, comes days before RBI board meeting slated for December 14
RBI leaves repo rate unchanged at 6.5%
The RBI’s Monetary Policy Committee also retains GDP growth estimate at 7.4% for FY19.
