The recent resignation1 of the Governor of the RBI, Urjit Patel due to “personal reasons”, as expected, has generated lot…
Category: Banking
Government of India VS RBI
As a former officer of the Reserve Bank of India, I was shocked to read the recent remarks of Viral…
Is It time For Structural Realignment Of RBI?
The regularity of frauds at Indian banks has shaken the faith of the public in the banking system. The Reserve…
Is the PNB Fraud Just the Tip of the Iceberg?
Another major financial scam hit headlines in January 2018 involving “fraudulent and unauthorized” transactions involving letters of undertaking (guarantee) to…