It had settled at 75.20 against the greenback on Friday Source: thehindu.com Related
The Reserve Bank of India (RBI) has deferred the implementation of the new accounting norms, Ind AS, indefinitely, as necessary amendments to the relevant law are yet to be made. The move will bring huge relief to the banks which are yet to recognise stressed assets and make necessary provisions as that would require higher […]
Shaktikanta Das took charge as the 25th Governor of the Reserve Bank of India (RBI) on December 12, 2018 at a time when the relationship between the government and the central bank had touched a new low. The relationship had turned sour, particularly with Mr. Das’s predecessor Urjit Patel, over issues such as the bank’s […]
