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Articles for Governor Shaktikanta Das

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’
1 week, 6 days ago

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’

Live Mint  

Reserve Bank of India Governor Shaktikanta Das is stepping down today, December 10. ‘Benefitted from PM Modi's Thoughts and Ideas’ Thanking the prime minister, Das added, “Immensely grateful to the Hon’ble PM Narendra Modi for giving me this opportunity to serve the country as Governor RBI and for his guidance and encouragement. Benefited a lot from his ideas and thoughts.” …

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RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report
2 weeks, 1 day ago

RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report

ABP News  

The Reserve Bank of India Governor Shaktikanta Das met with Finance Minister Nirmala Sitharaman on Saturday. Citing sources, the report said that Das called on the finance minister ahead of the upcoming expiry of his extended tenure. Due to his three-year extension granted to Das, he is already one of the longest serving RBI governors in the banking regulator’s 90-year …

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RBI to launch podcast facility to communicate with public: Governor Shaktikanta Das
2 weeks, 3 days ago

RBI to launch podcast facility to communicate with public: Governor Shaktikanta Das

Hindustan Times  

Reserve Bank of India governor Shaktikanta Das on Friday announced that the central bank will launch a podcast series to communicate with the public. RBI governor Shaktikanta Das delivering the monetary policy statement. The RBI kept its key interest rate unchanged citing inflation risks, but cut the Cash Reserve Ratio that banks are required to park with the central bank, …

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RBI Governor Shaktikanta Das' term likely to be extended further
1 month ago

RBI Governor Shaktikanta Das' term likely to be extended further

Deccan Chronicle  

The Centre is likely to extend the term of RBI governor Shaktikanta Das for a second time, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest serving chief since the 1960s.Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration before he was appointed to lead …

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RBI governor Shaktikanta Das's term likely to be extended further: Report
1 month ago

RBI governor Shaktikanta Das's term likely to be extended further: Report

Hindustan Times  

The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. Reuters said the Finance Ministry, the Prime Minister's Office, and the central bank did not immediately respond to emails seeking comment. Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank, …

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Anand Mahindra calls RBI Governor Shaktikanta Das ‘gold medal winner’ of central bank Olympics, says ‘His parents…’
4 months ago

Anand Mahindra calls RBI Governor Shaktikanta Das ‘gold medal winner’ of central bank Olympics, says ‘His parents…’

Live Mint  

RBI Governor Shaktikanta Das got an 'A+' rating for the second consecutive year in Global Finance Central Banker Report Cards 2024 and businessman Anand Mahindra praised Das as a ‘gold medal winner in the Central Bank Olympics’. He’s shown his mettle—his Shakti—to the world… Our Gold medal winner in the Central Bank Olympics…" Shaktikanta Das Receives ‘A+’ Rating for Second …

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RBI keeps repo rate unchanged at 6.5%: Top announcements by Shaktikanta Das
6 months, 2 weeks ago

RBI keeps repo rate unchanged at 6.5%: Top announcements by Shaktikanta Das

Hindustan Times  

Reserve Bank of India Governor Shaktikanta Das said that Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation continues to be above its target of 4 per cent. The MPC decided to keep the repo rate steady by a majority decision, RBI Governor said. Reserve Bank of India Governor Shaktikanta Das …

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RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time
8 months, 2 weeks ago

RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time

India TV News  

In the latest update from the Reserve Bank of India, the Monetary Policy Committee has decided to keep the repo rate steady at 6.5% for the seventh consecutive time. Governor Shaktikanta Das, during the announcement of the bi-monthly policy meeting, highlighted the committee’s majority decision of 5:1 to maintain the current stance, focusing on liquidity management to curb inflation. Economic …

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What is good for another market need not be good for us: RBI Governor Shaktikanta Das
11 months, 1 week ago

What is good for another market need not be good for us: RBI Governor Shaktikanta Das

India TV News  

Reserve Bank of India Governor Shaktikanta Das said that the central bank will not follow other countries in regulating cryptocurrencies, emphasising that decisions taken in other markets may not necessarily be suitable for India. "What is good for another market need not be good for us. Therefore our views—both that of the Reserve Bank and personally that of mine—remain the …

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RBI MPC Minutes: Governor Shaktikanta Das Says Fight Against Inflation 'Only Half Done'
1 year, 6 months ago

RBI MPC Minutes: Governor Shaktikanta Das Says Fight Against Inflation 'Only Half Done'

ABP News  

According to Reserve Bank Governor Shaktikanta Das, the fight against inflation is "only half done". Last month, the Monetary Policy Committee had decided to keep the repo rate unchanged at 6.5 per cent, with a focus on withdrawing accommodation of the policy stance, as the inflation came under the RBI's upper band limit. However, Governor Shaktikanta Das opined, "Our job …

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Cumulative impact of monetary policy actions still unfolding: RBI Guv in MPC meeting
1 year, 8 months ago

Cumulative impact of monetary policy actions still unfolding: RBI Guv in MPC meeting

ABP News  

In the Reserve Bank Of India Monetary Policy Committee meeting earlier this month, Governor Shaktikanta Das proposed a tactical pause as RBI monitors the impact of monetary policy actions over the last year. According to the MPC minutes, RBI Governor Shaktikanta Das said, "The cumulative impact of our monetary policy actions over the last one year is still unfolding and …

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Central Bank Digital Currency is going to be a major transformation in the way business is done: RBI Governor Shaktikanta Das
2 years, 1 month ago

Central Bank Digital Currency is going to be a major transformation in the way business is done: RBI Governor Shaktikanta Das

The Hindu  

Reserve Bank of India Governor Shaktikanta Das said Central Bank Digital Currency is going to be a major transformation in the way business is done — the way transactions are conducted and highlighted that RBI is among the very few central banks in the world which have taken this initiative. While addressing FIBAC on November 2, Governor Shaktikanta Das said, …

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CBDC will transform the way of doing business: RBI Governor Shaktikanta Das on e-rupee launch
2 years, 1 month ago

CBDC will transform the way of doing business: RBI Governor Shaktikanta Das on e-rupee launch

India TV News  

RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this month itself, governor Shaktikanta Das said on Wednesday. The broader wish of the RBI is to execute a full-fledged launch of the CBDC "in the near future", Das said, choosing not to share a timeline for the same. …

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RBI monetary policy: Repo rate hiked by 50 bps to 5.4%, back to pre-pandemic levels
2 years, 4 months ago

RBI monetary policy: Repo rate hiked by 50 bps to 5.4%, back to pre-pandemic levels

Firstpost  

Announcing the RBI monetary policy review, Governor Shaktikanta Das said that the FY23 GDP growth forecast has been retained at 7.2 per cent Mumbai: The repo rate has been hiked by 50 basis points to 5.4 per cent by the Reserve Bank Monetary Policy Committee on Friday. RBI retains GDP growth forecast for FY23 at 7.2 per cent RBI Governor …

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RBI Governor Shaktikanta Das pitches for higher investment in infrastructure, health post pandemic
3 years, 3 months ago

RBI Governor Shaktikanta Das pitches for higher investment in infrastructure, health post pandemic

India TV News  

Reserve Bank Governor Shaktikanta Das on Wednesday pitched for higher investment in infrastructure and reforms in labour and product markets to achieve sustainable growth post-pandemic. Addressing AIMA National Management Convention, Das underlined the need for increased investment in healthcare education, digital and physical infrastructure to ensure sustainable growth and generate employment opportunities. Noting that the pandemic has affected the poor …

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Second wave of COVID-19 could hamper nascent recovery: RBI Governor Shaktikanta Das
4 years, 2 months ago

Second wave of COVID-19 could hamper nascent recovery: RBI Governor Shaktikanta Das

India TV News  

RBI Governor Shaktikanta Das has said the risk of a second wave of COVID-19 could put sand in the wheels of the nascent recovery while his deputy M D Patra opined that it might take years to regain the output lost on account of the pandemic. The newly appointed independent member of the rate-setting panel Shashanka Bhide said uncertainties relating …

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