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Urjit Patel Briefs Parliamentary Panel On Notes Ban


More Cash Seized In Polls After Notes Ban Than Before

Demonetisation was thought to be a way of decreasing the misuse of money during elections but the ground reality is different, says OP Rawat, who retired last week as Chief Election Commissioner. More cash was seized after the notes ban related to previous elections, Mr. Rawat told news agency ANI. “After demonetization, it was thought …

Urjit Patel Briefs Parliamentary Panel On Notes Ban, Reforms In RBI

RBI Governor Urjit Patel Tuesday appeared before a parliamentary panel to talk on demonetization and NPA situation in the public sector banks, among other issues, sources said. Patel was before scheduled to appear before the panel on November 12. The source said matter related to November 2016 demonetization of old Rs. 500/1000 notes, reforms in …

Robust Credit Growth In Economy, Fundamentals Strong

Citing strong fundamentals, Reserve Bank of India (RBI) Governor Urjit Patel said a group of lawmakers on Tuesday that the impact of demonetization was “transient” and the economy had registered a robust credit growth of 15 percent this fiscal. The RBI chief, seen to be at odds with the government over a range of issues …