Tag: Reserve Bank India
The Man behind Demonetisation – Shaktikanta Das is new RBI Governor
A retired IAS officer, Shaktikanta Das was economic affairs secy during demonetisation, and faces a host of challenges left behind by Urjit Patel. New Delhi: The Narendra Modi government Tuesday appointed former bureaucrat...
Urjit Patel Resigns as RBI Governor amid rift with Modi Govt
Urjit Patel has resigned as the RBI governor citing "personal reasons" in the middle of increasing differences had cropped up between the central bank and the government. Patel’s decision to quit for “personal...
India scraps 500 and 1000 rupee notes overnight
Prime Minister Narendra Modi on Tuesday made a sudden announcement said that from the midnight of 8 November, currency notes of Rs 1,000 and Rs 500 denominations will no longer be legal...