News for 'IMF Executive Board'

Biden nominates ex-Mastercard CEO Ajay Banga to head World Bank

At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.

From culture czar to number cruncher

Meet Urjit Patel, RBI's 24th Governor

As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank

'India has to ensure Sri Lanka doesn't become bankrupt'

'India has given assistance that we required, otherwise we would not have been able to survive this far.'

Lack of good economists impacting policy making: Rajan

Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said the inability to get quality talent may be hurting policy making.

Database State to Surveillance State

The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.

New Greek bailout talks start, creditors seek more action

Athens has pushed two reform packages through parliament

This is how Euro zone plans to counter the Greek crisis

The IMF dashed any hope that Athens could avert default.

Economists tell Sitharaman to focus on reviving growth

At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.

Who should the next RBI Governor be? Vote now!

Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?

EU makes last-ditch bid to save Greek bailout

EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.

New Development Bank to set its own standards; no rivalry issues: Kamath

Kamath also said that the new bank, set up by India and four other members of the BRICS grouping, will strive to approve its first loan before end of the current fiscal.

Urjit Patel: The 'known unknown'

The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings

India is a growth story? Well, foreign investors say so

There has been a decent growth in FDI proposals and new announcements in India to attract foreign investment.

Mission incomplete: Rajan's plan to transform RBI into a modern bank

RBI Governor Raghuram Rajan wanted to improve training for staff, through initiatives such as sending them to other central banks for short stints.