RBI unions write to MPs, state FMs against PDMA Ahead of Urjit Patel taking over as the new Governor, Reserve Bank employee unions have appealed to Parliament members and state finance ministers to prevent the proposed Public Debt Management Agency (PDMA), saying that moving the function will cost the government dearly. “Holding of government securities … Read More →
Reserve Bank of India should be audited: CAG With rising financial frauds and the government’s eye on cleaning up banks’ balance sheets and cracking down on bad loans, the Comptroller and Auditor General of India (CAG) wants the Reserve Bank of India to come under the auditor’s purview too. CAG Shashi Kant Sharma, said at … Read More →