R Gandhi

The appointment is for a period of three years.

RBI says R Gandhi, Ananth Narayan cease to be directors at YES Bank

In March 2020, the RBI had superseded YES Bank’s board due to irregularities within the lender. It had appointed two additional directors on the board, namely former deputy governor of the RBI, R Gandhi, and Ananth Narayan, an associate professor at SP Jain Institute of Management and Research.

Need to resurrect concept of gold bank to monetise physical gold: R Gandhi

R Gandhi said the country needs to play along with the Indian psyche of the strong preference for physical gold and gold in the form of jewellery, if it wants to be successful in monetising gold for the betterment of the economy.

Monetary policy tightening by RBI is several quarters away: Former Dy Guv R Gandhi

The central bank had on August 6 kept interest rates unchanged at a record low as it chose to support economic revival over inflation.

R Gandhi is rewarded with a second stint on Yes Bank’s board — but why, ask bankers

Arguably, one can say that Yes Bank’s previous board, which comprised Gandhi and others, failed to act to save the bank in time before bailout became an option.

Bankers need to become daredevils in order to resolve NPAs: R Gandhi

According to R Gandhi, who recently retired as the Deputy Governor of the Reserve Bank of India, bad loan resolutions to have expected results may require bankers to be daredevils and take tough decisions till a practical solution comes forward.

Govt well equipped for better tax compliance: R Gandhi

RBI's just retired Deputy Governor R Gandhi has defended demonetisation. In an exclusive chat with CNBC-TV18's Latha Venkatesh he argues that the government now has the list of the richest depositors and will see higher tax to GDP ratio in the current year. Gandhi also added that final tally of how many old notes were returned will be known only after June 30.

RBI deputy governor Kanungo formally takes charge

B.P. Kanungo, a long-serving official with India's central bank, took over as a deputy governor of the Reserve Bank of India on Monday for a three-year term, overseeing a portfolio including currency management, debt management, and payment and settlements.

BP Kanungo appointed RBI Deputy Governor

BP Kanungo was on Friday appointed Deputy Governor in Reserve Bank of India (RBI) for three years.

Virtual currencies pose real financial risk: RBI's Gandhi

Reserve Bank Deputy Governor R Gandhi today raised concerns over virtual currencies such as Bitcoin and said they pose potential financial, legal, customer protection and security-related risks.

SBI sets up team for fintech; expands wealth management biz

SBI already has a Rs 200-crore fund to empower startups in this space. Last year, the public sector bank had also opened a startup branch, InCube, in Bengaluru.

Licensing for payment sector can't be tick-box exercise:R Gandhi

"There is an implied suggestion that this (payment) sector needs to be freed of licensing mechanism and once a set of criteria are fixed, any number of entities meeting those criteria should be allowed to function. We differ from this idea," Gandhi said at the launch of BharatQR, an inter-operable payment solution.

Goodbye cash crunch? No cash withdrawal limits from March 13

"The limits on cash withdrawal from savings bank accounts continue to be in place. In line with the pace of remonetisation, it has now been decided to remove these limits in two stages," said RBI Deputy Governor R Gandhi.

RBI Monetary Policy: From March 13, no ATM withdrawal limits for savings accounts

RBI Deputy Governor R Gandhi also said on Wednesday that the current withdrawal limit will be increased from Rs 24,000 per week to Rs 50,000 from February 20.

Working on ways to reduce transaction cost: RBI tells PAC

RBI today informed a parliamentary panel that it is working on a mechanism to bring down transaction cost on online payments post demonetisation even as cash flow position in urban as well as rural areas have improved significantly.

I will give my best, says Viral Acharya

RBI's newly appointed Deputy Governor Viral Acharya, a noted economist, today said he will give his best in the new role.

RBI's new Dy Guv Acharya to take charge on Jan 20

Viral V Acharya will assume charge as Deputy Governor of the Reserve Bank of India on January 20, 2017.

Rs 11.5 lakh crore deposited with banks so far: Dy Governor

Speaking on the cash crunch in the economy, Gandhi said the central bank was trying to provide adequate cash.

Finance ministry gets about 90 applications for RBI DG post

Shortlisting was required because some applications were from junior level and some mid-level bank officials, the sources added.

Govt starts process of appointing new RBI Deputy Governor

The Reserve Bank has currently three Deputy Governors as against the requirement of four.

Govt notifies MPC; to decide interest rates in October 4 policy

"Monetary Policy Committee (MPC) constitution under the Reserve Bank of India Act, 1934, notified," the finance ministry said.

Corporate bonds: Gandhi cautions against ignoring bank funding

Even as the government and the Reserve Bank are working in concert to deepen the corporate bond markets, deputy governor R Gandhi today said we must be "realistic" in our goals and not squeeze out the bank financing in the process.

FM Jaitley to address seminar on corporate bond market on Sep 27

Jaitley will deliver the valedictory address at the one day BRICS Seminar on 'Challenges in Developing the Bond market in BRICS' in Mumbai tomorrow, a finance ministry statement said.

Deputy RBI Governor R Gandhi to look after monetary policy dept

The Deputy Governor handling monetary policy department is also likely to be nominated to the new rate setting panel MPC (Monetary Policy Committee). The panel will also have three members to be appointed by the government, besides RBI Governor and one more person from the central bank.

RBI's R Gandhi slams bankers for neglecting SMEs

"If you make yourself socially relevant, not just relevant in an economic sense alone, you can have hopes to exist," Gandhi said at the annual banking summit FIBAC here.