Urjit R Patel
Last quote by Urjit R Patel
Since we have committed to move closer to 4 percent inflation because of the legislative and notified mandate of the government, we needed to look beyond the headline number to see where the kind of disinflation that is needed to take us towards 4 (percent) would come from. The committee felt that inflation excluding food and fuel is something that has been stubborn since September, October, and has shown little sign of coming decisively below five (percent). That is the main reason we had to look through the headline inflation.feedback
Feb 17 2017
Urjit R Patel has been quoted 3 times. The one recent article where Urjit R Patel has been quoted is India's banks face 'significant' stress, but stable overall: central bank. Most recently, Urjit R Patel was quoted as having said, “India's banking sector continues to face "significant" levels of stress but the financial system remains stable overall after moves to enhance transparency.”.
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Quotes by Urjit R Patel
Dec 29 2016
India's banking sector continues to face "significant" levels of stress but the financial system remains stable overall after moves to enhance transparency.feedback
Nov 27 2016
While the RBI has a significant stock of government securities available, we felt that if the increase in deposits continues we may fall short, hence the decision. Once the government issues adequate quantum of MSS bonds, which they have promised to, we will immediately review.feedback
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