Demonetisation: RBI Governor Urjit Patel to appear before Parliamentary panel on July 6
Demonetisation: RBI Governor Urjit Patel to appear before Parliamentary panel on July 6
RBI Governor Urjit Patel Will Appear Before A Parliamentary Panel On July 6 During Which He Is Expected To Be Questioned About Total Deposits Made In Banks Post Governmentâs Demonetisation Move. PTI | Updated on: 09 Jun 2017, 08:14:23 PM
New Delhi:
RBI Governor Urjit Patel will appear before a parliamentary panel on July 6 during which he is expected to be questioned about total deposits made in banks post government’s demonetisation move.
This is the fourth time Patel has been summoned by the Parliamentary Standing Committee (PSC) on Finance, headed by Congress MP and former Union Minister Veerappa Moily.
URL copied
Booming markets: RBI Governor warns stretched valuations pose financial stability risk
There is a disconnect between booming markets and economic activity, Reserve Bank Governor Shaktikanta Das said on Monday, warning that the stretched valuations of financial assets pose a risk to financial stability. The disconnect between certain segments of financial markets and the real economy has been accentuating in recent times, both globally and in India, Das said in his foreword to the bi-annual Financial Stability Report (FSR). Stretched valuations of financial assets pose risks to financial stability, he warned. Â
The RBI Governor asked banks and financial intermediaries to be cognisant of this risk, given the interconnected nature of the financial system.
India Business News: RBI governor Shaktikanta Das on Monday said that the economic prospects have been scarred by the Covid-19 pandemic and the task ahead is to restore gr
Read more about Fintechs may pose a challenge to banking sector over the next few years on Business Standard. The formal and informal fintechs will pose a significant challenge to the mainstream banking sector over the next few years