Tag: RBI Governor

Urjit Patel quits as RBI Governor

Newsroom24x7 Network Mumbai: ReservevBank of India Governor Urjit R Patel has cited personal reasons and stepped down frim his position with immediate effect. Urjit Patel’s Statement On account of personal reasons, I have decided to step down from my current position effective immediately. It has been my privilege and honour to serve in the Reserve

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Government and RBI are taking measures to restore sustainable growth: Raghuram Rajan

Newsroom24x7 Staff Mumbai: Raghuram Rajan, Governor, Reserve Bank of India today underscored the economic problems of the recent past and said they arose because India outgrew its institutions. The Government and the Reserve Bank are both taking measures to restore sustainable growth by building the necessary institutions. The RBI Governor was addressing FIBAC 2015 today.

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Low inflation, fall in crude oil prices has reduced price pressures: RBI Governor

Newsroom24x7 Desk Mumbai, Jan. 15: Inflationary pressures (measured by changes in the consumer price index) have been easing since July 2014 and the path of inflation, while below the expected trajectory, has been consistent with the assessment of the balance of risks in the Reserve Bank’s bi-monthly monetary policy statements. RBI Governor Raghuram G Rajan

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