Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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-The Indian Express

On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;

Chennai: Blaming the Reserve Bank of India Governor..."/>
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-The Indian Express

On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;

Chennai: Blaming the Reserve Bank of India Governor..." />
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    <h1 class="cat-box-title">&#039;RBI Governor must resign over troubles due to note ban&#039; -Arun Janardhanan</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;<br /><br />Chennai: </em>Blaming the Reserve Bank of India Governor Urjit Patel for &ldquo;misusing&rdquo; the central bank to carry out demonetisation which &ldquo;caused trouble to the common man&rdquo;, D Thomas Franco, general secretary of All India Bank Officers Confederation has asked for Patel&rsquo;s resignation. The union represents over 3.25 lakh officers from nationalised, old-generation private sector, cooperative and regional rural banks in India.<br /><br />On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;<br /><br />&ldquo;All over the world, Central banks have an autonomy. Here, it appears that the autonomy of RBI is given up by the governor himself. RBI was being misused for declaring demonetisation. Shifting goal posts, now they are claiming of increased Income Tax filings as a benefit &hellip;The Governor should explain whether he really thought that India should increase IT filings through demonetisation. When IT department has many ways to punish defaulters, why did you punish the whole nation? &hellip;You should step down, sir, and restore people&rsquo;s faith in the Central bank,&rdquo; Franco said.<br /><br />He added that RBI Governor should be held responsible for the huge losses and social cost due to the drive. &ldquo;&hellip; &hellip; RBI has acted detrimental to the banking industry and services. The profit of RBI has come down by Rs 35,000 crore in one year&hellip;The note ban had also incurred huge losses to the individual banks as they were forced to recalibrate thousands of ATM machines&hellip;,&rdquo;.<br /><br />Franco added that the productivity of banking sector also was drastically affected by demonetisation.<br /><br />Please <a href="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/" title="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/">click here</a> to read more.&nbsp; <br /></div>                                                           
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    <br><a href="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/" class="re" target="_blank">The Indian Express, 12 September, 2017, http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/</a><div class="clear"></div>
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    <h1 class="cat-box-title">&#039;RBI Governor must resign over troubles due to note ban&#039; -Arun Janardhanan</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;<br /><br />Chennai: </em>Blaming the Reserve Bank of India Governor Urjit Patel for &ldquo;misusing&rdquo; the central bank to carry out demonetisation which &ldquo;caused trouble to the common man&rdquo;, D Thomas Franco, general secretary of All India Bank Officers Confederation has asked for Patel&rsquo;s resignation. The union represents over 3.25 lakh officers from nationalised, old-generation private sector, cooperative and regional rural banks in India.<br /><br />On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;<br /><br />&ldquo;All over the world, Central banks have an autonomy. Here, it appears that the autonomy of RBI is given up by the governor himself. RBI was being misused for declaring demonetisation. Shifting goal posts, now they are claiming of increased Income Tax filings as a benefit &hellip;The Governor should explain whether he really thought that India should increase IT filings through demonetisation. When IT department has many ways to punish defaulters, why did you punish the whole nation? &hellip;You should step down, sir, and restore people&rsquo;s faith in the Central bank,&rdquo; Franco said.<br /><br />He added that RBI Governor should be held responsible for the huge losses and social cost due to the drive. &ldquo;&hellip; &hellip; RBI has acted detrimental to the banking industry and services. The profit of RBI has come down by Rs 35,000 crore in one year&hellip;The note ban had also incurred huge losses to the individual banks as they were forced to recalibrate thousands of ATM machines&hellip;,&rdquo;.<br /><br />Franco added that the productivity of banking sector also was drastically affected by demonetisation.<br /><br />Please <a href="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/" title="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/">click here</a> to read more.&nbsp; <br /></div>                                                           
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    <br><a href="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/" class="re" target="_blank">The Indian Express, 12 September, 2017, http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/</a><div class="clear"></div>
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On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;

Chennai: Blaming the Reserve Bank of India Governor..." />
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    <h1 class="cat-box-title">&#039;RBI Governor must resign over troubles due to note ban&#039; -Arun Janardhanan</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;<br /><br />Chennai: </em>Blaming the Reserve Bank of India Governor Urjit Patel for &ldquo;misusing&rdquo; the central bank to carry out demonetisation which &ldquo;caused trouble to the common man&rdquo;, D Thomas Franco, general secretary of All India Bank Officers Confederation has asked for Patel&rsquo;s resignation. The union represents over 3.25 lakh officers from nationalised, old-generation private sector, cooperative and regional rural banks in India.<br /><br />On the latest justifications being given by the RBI, Franco asked &ldquo;what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?&rdquo;<br /><br />&ldquo;All over the world, Central banks have an autonomy. Here, it appears that the autonomy of RBI is given up by the governor himself. RBI was being misused for declaring demonetisation. Shifting goal posts, now they are claiming of increased Income Tax filings as a benefit &hellip;The Governor should explain whether he really thought that India should increase IT filings through demonetisation. When IT department has many ways to punish defaulters, why did you punish the whole nation? &hellip;You should step down, sir, and restore people&rsquo;s faith in the Central bank,&rdquo; Franco said.<br /><br />He added that RBI Governor should be held responsible for the huge losses and social cost due to the drive. &ldquo;&hellip; &hellip; RBI has acted detrimental to the banking industry and services. The profit of RBI has come down by Rs 35,000 crore in one year&hellip;The note ban had also incurred huge losses to the individual banks as they were forced to recalibrate thousands of ATM machines&hellip;,&rdquo;.<br /><br />Franco added that the productivity of banking sector also was drastically affected by demonetisation.<br /><br />Please <a href="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/" title="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/">click here</a> to read more.&nbsp; <br /></div>                                                           
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    <br><a href="http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/" class="re" target="_blank">The Indian Express, 12 September, 2017, http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/</a><div class="clear"></div>
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'RBI Governor must resign over troubles due to note ban' -Arun Janardhanan

Published on Sep 17, 2017   Modified on Sep 17, 2017

-The Indian Express On the latest justifications being given by the RBI, Franco asked “what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?” Chennai: Blaming the Reserve Bank of India Governor Urjit Patel for “misusing” the central bank to carry out demonetisation which “caused trouble to the common man”, D Thomas Franco, general secretary of All India Bank Officers Confederation has asked for Patel’s resignation. The union represents over 3.25 lakh officers from nationalised, old-generation private sector, cooperative and regional rural banks in India. On the latest justifications being given by the RBI, Franco asked “what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?” “All over the world, Central banks have an autonomy. Here, it appears that the autonomy of RBI is given up by the governor himself. RBI was being misused for declaring demonetisation. Shifting goal posts, now they are claiming of increased Income Tax filings as a benefit …The Governor should explain whether he really thought that India should increase IT filings through demonetisation. When IT department has many ways to punish defaulters, why did you punish the whole nation? …You should step down, sir, and restore people’s faith in the Central bank,” Franco said. He added that RBI Governor should be held responsible for the huge losses and social cost due to the drive. “… … RBI has acted detrimental to the banking industry and services. The profit of RBI has come down by Rs 35,000 crore in one year…The note ban had also incurred huge losses to the individual banks as they were forced to recalibrate thousands of ATM machines…,”. Franco added that the productivity of banking sector also was drastically affected by demonetisation. Please click here to read more.

The Indian Express, 12 September, 2017, http://indianexpress.com/article/business/economy/rbi-governor-must-resign-over-troubles-due-to-note-ban-4839237/

Tagged with: Currency demonetisation Demonetisation Reserve Bank of India Reserve Bank of India (RBI)

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