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    • India’s 8% growth hinges on private investment revival, says Michael Patra

      Government’s capital expenditure has played its part and consumption now holds the key to sustaining growth, the former RBI deputy Governor tells Moneycontrol

    • A giant leaves RBI

      In his last assignment as DG, Patra handled a bunch of  responsibilities of RBI that directly shaped everyone of the above functions.

    • A central banker's dilemma: To talk or nor not to talk!

      Patra’s speech, in a way, reflected the ongoing dilemma within the RBI top brass on how to manage the communication part of the monetary policy at a time when the policymakers themselves aren’t sure of the point of a rate pivot

    • India's growth story intact: RBI Bulletin estimates 7.2% GDP for 2024-25

      The Bulletin further pointed to the government's emphasis on capital expenditure and healthy corporate and bank balance sheets as positive factors bolstering investment activity

    • RBI deputy says climate, tech risks a threat to inflation targetting

      India’s retail inflation accelerated to a nine-month high of 5.49% in September due to higher food prices, compared to 3.65% in August and was above economists’ forecast of 5.04%.

    • RBI sets up expert panel on benchmarking of its statistics; Michael Patra to head committee

      The 10-member 'Expert Committee on Benchmarking of its Statistics' will submit its report by the end of November 2024.

    • India can become world's 2nd largest economy by 2031: RBI deputy governor Michael Patra

      India, however, will have to overcome various challenges with regard to labour productivity, infrastructure, contribution of manufacturing sector in GDP, and greening of the economy for sustainable development, Michael D Patra said

    • South East Asian Central Banks coordinating efforts to develop CBDCs: RBI deputy governor

      Patra disclosed the details at the 59th SEACEN Governors' Conference, Mumbai, held recently

    • Govt approves reappointment of RBI Deputy Governor Michael Patra for 1 year

      The term of Patra was schedule to end on January 14, 2023, as per the RBI website.

    • Aggregate demand more elastic to rate of interest changes: Michael Patra

      RBI however clarified that the views expressed in the article do not represent the views of the central bank.

    • Productivity growth critical for recovery of emerging economies: RBI's Michael Patra

    • MPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth Varma

    • Lagged data, frequent reviews make monetary policy's task challenging: RBI Deputy Governor Patra

    • Govt nominates Financial Services Secretary Vivek Joshi as director on RBI central board

    • Basic Statistical Returns system needs to be robust, open to change, says RBI deputy governor Michael Patra

    • Repo rate hikes warranted to combat high inflation risks, MPC minutes show

    • Moneycontrol Selects: Top stories this evening

    • RBI central board reviews impact of current global geopolitical crises

    • “Dark shadow” of stagflation looms over SAARC nations, warns RBI Deputy Governor Patra

    • Upside risks to inflation remain, says RBI Deputy Governor Michael Patra

    • States’ borrowing cost set to rise on higher debt supply, RBI’s rate cues, experts say

    • RBI will not let go off bond market, says Deputy Governor Patra

    • India engaged on issue of facilitating payments with Russia: Deputy Governor Michael Patra

    • RBI present in forex market, will not allow jerky moves in rupee, says Deputy Governor Patra

    • Inflation may stay beyond RBI tolerance band for 3 straight quarters, says Michael Patra

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