Live
- Woman’s False Claim Sparks Unnecessary Panic
- Locals Report Naxal Activity in Karkala Village
- Mangaluru International Airport Sets New Records in Passenger and Flight Movements
- Where Areca failed, grow Coffee
- Collector Badavath Santosh Reviews Household Survey and Listing Process
- Awareness Session on SHE Team and POCSO Act
- Awareness Program in agricultural College on the Dangers of Drug Abuse for Youth
- 3500-Year-Old Menhir in Kamsanpally Village: A Call for Preservation
- The Role of Artificial Intelligence in Radiology: Transforming Diagnosis and Patient Care
- Hindustan Zinc Ltd. Signs MoU with Rajasthan Government to Invest Rs 36 Crores in Education Development
RBI Governor Urjit Patel appears before parliamentary panel on Finance
RBI Governor Urjit Patel on Tuesday appeared before the 31member Parliamentary Standing Committee on Finance to brief it on November 2016 demonetisation and nonperforming assets NPA situation in the public sector banks, among other issues, sources said
RBI Governor Urjit Patel on Tuesday appeared before the 31-member Parliamentary Standing Committee on Finance to brief it on November 2016 demonetisation and non-performing assets (NPA) situation in the public sector banks, among other issues, sources said.
Mr. Patel was earlier scheduled to appear before the panel on November 12.
Sources said that besides demonetisation, issues related to reforms in the RBI, stressed assets in the banking system, and state of the economy, were also listed as agenda items of the panel.
Mr. Patel is appearing before the panel days after the central bank’s face-off with the Finance Mministry over issues ranging from appropriate size of reserves to be maintained by the RBI to easing of lending norms for small and medium enterprises.
Former Prime Minister Manmohan Singh is a member of the committee, which is headed by senior Congress leader and former Union Minister M Veerappa Moily.
