Urjit Patel Is Half Right: Accountability Is The Real Fugitive

Did The RBI Do What It Could?

There is also no denying the state of sloth on decisions. SS Mudra retired as deputy governor on July 30, 2017. Nearly nine months later — after two rounds of selection meetings — the deputy Governor’s post is yet vacant.

A call for more power is not a credible demand when existing provisions have not been leveraged.

How credible is the reporting given the RBI’s own lament on the state of oversight?

Must RBI Do Everything?

There is also a need to examine whether the Reserve Bank of India is the institution that should host this function.

In over 30 countries the central bank is not the authority for banking supervision.

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