RBI Guv Urjit Patel appears before parliamentary panel


Team Udayavani, Nov 27, 2018, 2:08 PM IST

New Delhi: RBI Governor Urjit Patel Tuesday appeared before a parliamentary panel to brief on demonetisation and NPA situation in the public sector banks, among other issues, sources said.

Patel was earlier scheduled to appear before the panel on November 12. Source said issues related to November 2016 demonetisation of old Rs 500/1000 notes, reforms in the RBI, stressed assets in the banking system, and state of the economy, were listed as agenda items of the 31-member Parliamentary Standing Committee on Finance.

The RBI Governor appeared before the panel days after the central bank’s face-off with the finance ministry over issues ranging from appropriate size of reserves to be maintained by RBI to easing of lending norms for small and medium enterprises.

Former Prime Minister Manmohan Singh is a member of the committee headed by senior Congress leader and former Union Minister M Veerappa Moily.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Neelamangala accident: Tried avoiding hitting car in front, lost control, claims truck driver

Grenade attack in Gurdaspur: Three Khalistan Zindabad Force members gunned down in encounter

Karnataka: Nine Lord Ayyappa devotees suffer burn injuries in LPG cylinder blast

Record govt jobs provided in one, one and a half years: PM Modi

Kota: Protest at Sasthan Toll opposes charges on local commercial vehicles

Rewind 2024: Coaching crisis, heartbreaks and Olympic setbacks mark a disastrous year for Indian boxing

Charan Singh dedicated life for welfare of farmers: Adityanath

Related Articles More

Lohia Auto launches EV brand ‘Youdha’, aims to sell 3 lakh vehicles by 2027

“FM ji FM ji, itna tax main kaise bharun”, asks investor Vijay Kedia in viral post

RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm

Front-running case: Sebi bans 9 entities from market , impounds illegal gains of over Rs 21 crore

Global trends, FIIs’ move to dictate trends in markets in holiday-shortened week: Analysts

MUST WATCH

Tulunadu Daivaradane

Feeding Birds with Creative Paddy Art!

Areca Nut

HOTEL SRI DURGA BHAVANA

Harish Poonja


Latest Additions

Neelamangala accident: Tried avoiding hitting car in front, lost control, claims truck driver

Grenade attack in Gurdaspur: Three Khalistan Zindabad Force members gunned down in encounter

Man killed in accident in Kerala’s Alappuzha district

Lohia Auto launches EV brand ‘Youdha’, aims to sell 3 lakh vehicles by 2027

Rewind 2024: A year of turbulence – Mirabai and Indian weightlifting’s unfulfilled dreams

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.