Tamal Bandopadhyay

A quarter percentage point cut in the Reserve Bank of India (RBI)’s policy rate was not unexpected (although the market was vertically divided, a few, including me, were expecting a rate cut) but it’s not obvious why the central bank has decided to bring down its policy rate to 6.25%,

On Tuesday, a group of five men and one woman will decide whether the Reserve Bank of India (RBI) should cut its policy rate—a decision which had all along been the prerogative of one person: the RBI governor. Indeed, there’s been a technical advisory committee (TAC) since June 2009 to

On 15th September, the Central Bureau of Investigation (CBI) registered a case of corruption against Archana Bhargava, a former chairperson and managing director (CMD) of United Bank of India (UBI), after the agency carried out raids at multiple cities and recovered cash, jewellery and investment of over Rs 13.5 crore.

In August 2013, at the 10th Nani A. Palkhivala Memorial Lecture on ‘Five Years of Leading the Reserve Bank—Looking Ahead by Looking Back’, a few days before he stepped down as the Reserve Bank of India (RBI) governor, Raghuram Rajan’s predecessor D. Subbarao dwelt on the issue of autonomy and