Articles for Policy Das

From North Block to Mint Street: Sanjay Malhotra has his task cut out as RBI’s next governor
1 week, 6 days ago

From North Block to Mint Street: Sanjay Malhotra has his task cut out as RBI’s next governor

Live Mint  

On Monday, we finally got the news that every Indian with even a passing interest in the economy had been waiting for. Ending weeks of speculation over whether Shaktikanta Das would be given an extension of an already extended term, the government announced that revenue secretary Sanjay Malhotra will take over as the next governor of the Reserve Bank of …

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RBI monetary policy meeting: Will governor Shaktikanta Das announce a rate cut? What to expect?
2 weeks, 3 days ago

RBI monetary policy meeting: Will governor Shaktikanta Das announce a rate cut? What to expect?

Hindustan Times  

The Reserve Bank of India is set to announce its interest rate decision on Friday, December 6, following a three-day monetary policy meeting. "Coming up: Monetary Policy Statement by #RBI Governor @DasShaktikanta on December 06, 2024, at 10:00 am," the Reserve Bank announced on social media platform 'X'. Reserve Bank governor Shaktikanta Das, headed a six-member Monetary Policy Committee, started …

Policy Rate Rbi Das Meeting Governor Mpc
Price stability bedrock of sustained economic growth, says RBI chief
Trending News
1 month ago

Price stability bedrock of sustained economic growth, says RBI chief

Live Mint  

Mumbai: Price stability is just as crucial as growth to reduce uncertainty and encourage savings and investment, which in turn would boost economic growth, India’s central bank chief insisted. Insisting that price stability supports sustained economic growth, Das in his speech said price stability was important also because high inflation tends to be disproportionately burdensome on the poor. Das also …

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'We Still Have Distance To Cover', Says RBI Guv Shaktikanta Das Amid Moderate Inflation
3 months, 1 week ago

'We Still Have Distance To Cover', Says RBI Guv Shaktikanta Das Amid Moderate Inflation

News 18  

Inflation in India has moderated but still, there is a distance to cover, Reserve Bank Governor Shaktikanta Das said on Friday. “Inflation has moderated from its peak of 7.8% in April 2022 into the tolerance band of +/- 2% around the target of 4%, but we still have a distance to cover and cannot afford to look the other way,” …

Inflation Central Banks Rbi Policy Das Das Amid
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 …

Monetary Policy Rbi Shaktikanta Das Governor Shaktikanta Das
RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%
6 months, 2 weeks ago

RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%

New Indian Express  

MUMBAI: Fearing a spike in inflation during the second half of the fiscal year and forecasting stronger economic growth, the Monetary Policy Committee, chaired by Reserve Bank of India governor Shaktikanta Das, on Friday, left the key policy rates unchanged at 6.5 percent for the eighth consecutive time. The last time the rate-setting panel tweaked the repo rate was a …

Status Quo
‘Elephant has gone for a walk’: RBI governor Shaktikanta Das on inflation after MPC meet
8 months, 2 weeks ago

‘Elephant has gone for a walk’: RBI governor Shaktikanta Das on inflation after MPC meet

Hindustan Times  

The Reserve Bank of India on Friday retained the inflation projection at 4.5 per cent for the current financial year but governor Shaktikanta Das stressed the need to remain vigilant on food prices due to the forecast of higher temperatures between April and June. While the RBI governor cautioned about the impact of the reduction in fuel prices on inflation, …

Inflation Rate Rbi Das Mpc
RBI monetary policy 2024: Soon, deposit cash through UPI in ATMs, says governor Shaktikanta Das
8 months, 2 weeks ago

RBI monetary policy 2024: Soon, deposit cash through UPI in ATMs, says governor Shaktikanta Das

Hindustan Times  

Reserve Bank of Bank governor Shaktikanta Das on Friday, April 5, announced that the RBI will propose to allow users to deposit cash in cash deposit machines through the Unified Payments Interface. A security official walks past an emblem of the Reserve Bank of India at the RBI headquarters, in Mumbai Announcing the current fiscal's first bi-monthly monetary policy of …

Policy Monetary Policy Rbi Das Cash Deposit Upi
RBI MPC: Repo Unchanged; Inflation, GDP Growth Outlook Revised; 7 Key Decisions Today
2 years, 8 months ago

RBI MPC: Repo Unchanged; Inflation, GDP Growth Outlook Revised; 7 Key Decisions Today

News 18  

The Reserve Bank of India’s Monetary Policy Committee on Friday unanimously decided to keep key repo rate unchanged at four per cent having ‘accommodative’ stance with focus on withdrawal of accommodation, raised the inflation forecast to 5.7 per cent from 4.5 per cent earlier, lowered the GDP projection to 7.2 per cent as against 7.8 per cent earlier, and proposed …

Policy Inflation Bank Loans Home Loans Payment Cent
RBI holds rates, sees shallower GDP contraction at 7.5%
4 years ago

RBI holds rates, sees shallower GDP contraction at 7.5%

The Hindu  

The Monetary Policy Committee of the Reserve Bank of India on Friday left benchmark interest rates unchanged and maintained an ‘accommodative’ policy stance as it prioritised support for the economy's recovery over ‘sticky’ inflation amid the COVID-19 pandemic. The RBI also brightened its outlook for the economy, projecting that the GDP contraction would narrow to 7.5% for the financial year …

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Facebook India policy chief steps down after row over ‘allowing hate speech’ from Modi’s party
4 years, 1 month ago

Facebook India policy chief steps down after row over ‘allowing hate speech’ from Modi’s party

The Independent  

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Retail inflation expected to stay close to targeted level by last quarter of FY21: RBI Governor
4 years, 2 months ago

Retail inflation expected to stay close to targeted level by last quarter of FY21: RBI Governor

The Hindu  

RBI Governor Shaktikanta Das on Friday said retail inflation is expected to remain close to the targeted level by the last quarter of the current fiscal year. Reserve Bank of India’s six-member Monetary Policy Committee has decided to keep the key policy repo rate unchanged at 4 %, Mr. Das said while announcing the outcome the central bank’s bi-monthly policy …

Policy Inflation Rbi Das Retail Inflation
RBI Keeps Repo Rate Fixed amid Rising Inflation as Real GDP Growth to Remain Negative in FY21
4 years, 4 months ago

RBI Keeps Repo Rate Fixed amid Rising Inflation as Real GDP Growth to Remain Negative in FY21

News 18  

The Reserve Bank of India's Monetary Policy Committee has left the key lending rates - repo rate and reverse repo rate - unchanged, RBI Governor Shaktikanta Das announced on Thursday as the central bank predicted real GDP growth to remain negative for financial year 2020-21. Continuing with the accommodative stance, Das said that the monetary policy committee decided to keep …

Inflation Bank Cent Rate Rbi Das Remain