Articles for Rbi Das

RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm
3 days, 2 hours ago

RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm

Live Mint  

Mumbai, Dec 22 The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth. At his last policy announcement, Das said that the growth-inflation dynamic …

India Policy Growth Bank Central Pti Cent
Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor
2 weeks, 2 days ago

Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor

India TV News  

RBI new governor: The Indian government has appointed Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. He will take over as RBI Governor from Shaktikanta Das, whose tenure will be ending on December 10, 2024. Malhotra played key role in financial reforms With over 33 years of experience across sectors such as finance, taxation, and governance, …

India Rbi Governor Secretary Malhotra Shaktikanta Das Sanjay Malhotra
Credit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility
2 weeks, 5 days ago

Credit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility

Live Mint  

Reserve Bank of India Governor Shaktikanta Das, during the Monetary Policy Committee meeting announcement on December 6, said the bank's facility of providing credit lines through Unified Payments Interface will now be expanded. RBI MPC keeps policy rate unchanged — Details The RBI MPC today decided to keep the policy rate unchanged for the 11th consecutive time, but sharply lowered …

Policy Cent Rate Banks Das Mpc Crr
RBI monetary policy: MPC projects FY25 inflation at 4.8%
2 weeks, 5 days ago

RBI monetary policy: MPC projects FY25 inflation at 4.8%

Live Mint  

RBI Monetary Policy meeting: The Reserve Bank of India revised its inflation projection for 2024–2025 to 4.8% with Q3 at 5.7%, and Q4 at 4.5% The consumer price index inflation for the first quarter of the next financial year 2025-26 is projected at 4.6% and the second quarter at 4%. RBI October Monetary Policy Outcome During the Monetary Policy Committee …

Policy Inflation Monetary Policy Rate Rbi Das Mpc
RBI governor refuses to pay heed to Finance Minister, says GDP shocker is behind us
Trending News
2 weeks, 5 days ago

RBI governor refuses to pay heed to Finance Minister, says GDP shocker is behind us

New Indian Express  

The RBI on Friday refused to change its mind about interest rates despite economic growth hard landing in Q2, FY25. In fact, in his very opening remarks, Governor Shaktikanta Das sort of vowed to protect peace with blood reminding about the central bank's price stability mandate and its commitment to the flexible inflation target comes before everything else. The six-member …

Growth Inflation Rbi Das Rate Cut Crr Q2 Gdp
Shaktikanta Das' tenure as RBI governor likely to be extended: Report
1 month ago

Shaktikanta Das' tenure as RBI governor likely to be extended: Report

India Today  

The government is planning to extend the tenure of Reserve Bank of India Governor Shaktikanta Das for a second time, reported news agency Reuters. Shaktikanta Das, who has been heading the RBI since December 2018, has already surpassed the typical five-year term seen in recent decades. Shaktikanta Das, a seasoned bureaucrat, was appointed as RBI governor during a period of …

Rbi Das Shaktikanta Das Rbi Governor
Piyush Goyal wants RBI to cut interest rates. Shaktikanta Das responds
1 month, 1 week ago

Piyush Goyal wants RBI to cut interest rates. Shaktikanta Das responds

India Today  

Union Minister of Commerce and Industry Piyush Goyal shared his opinion that food price inflation should not play a role in the Reserve Bank of India's interest rate decisions. RBI Governor Shaktikanta Das had earlier warned that inflation risks could rise due to factors like food prices, indicating that a rate cut should not be assumed. RBI GOVERNOR SHAKTIKANTA DAS …

Food India Inflation Interest Rates Interest Food Inflation Rate
Land, labour, agri law reforms needed for growth: RBI Governor Shaktikanta Das
3 months, 2 weeks ago

Land, labour, agri law reforms needed for growth: RBI Governor Shaktikanta Das

New Indian Express  

MUMBAI: The Reserve Bank Governor Shaktikanta Das on Thursday said the country’s growth story remains intact with consumption and investment demand growing in tandem, and emphasised that past reforms need to be augmented by reforms in land, labour and agricultural markets. He also sounded sanguine about the economy growing at the projected 7.2% this fiscal and that the Q1 poor …

Economy Growth Rbi Das Law Reforms
Will RBI review its action against Paytm Payments Bank? Shaktikanta Das says…
10 months, 1 week ago

Will RBI review its action against Paytm Payments Bank? Shaktikanta Das says…

Hindustan Times  

Reserve Bank of India governor Shaktikanta Das on Monday made it clear that the central bank will not review its action against Paytm Payments Bank, while adding that the action was taken after a comprehensive assessment of the functioning of the lender. Reserve Bank of India Governor Shaktikanta Das ‘Committed to protect the interest of customers’: RBI governor The meeting …

Action Bank Pti Rbi Das Sitharaman Reserve Bank
Tightening of norms on unsecured lending pre-emptive, in the interest of sustainability: RBI governor Shaktikanta Das
1 year, 1 month ago

Tightening of norms on unsecured lending pre-emptive, in the interest of sustainability: RBI governor Shaktikanta Das

The Hindu  

Reserve Bank of India governor Shaktikanta Das on November 22 said the recent tightening of norms on unsecured lending is a pre-emptive and targeted move in the interest of sustainability. Mr. Das said he does not see new stress building up in the banking system currently, but wants lenders to continue with stress testing. Meanwhile, even as the headline inflation …

Rbi Das
Zerodha CEO Nikhil Kamath watches World Cup final with RBI Governor Shaktikanta Das
1 year, 1 month ago

Zerodha CEO Nikhil Kamath watches World Cup final with RBI Governor Shaktikanta Das

India Today  

Nikhil Kamath, co-founder of Zerodha, watched the India vs Australia World Cup match with Shaktikanta Das, the Governor of the Reserve Bank of India. The high-profile match drew not only financial gurus but also the Prime Minister of India Narendra Modi to the stadium who expressed unwavering support for the Indian cricket team. The crowd also included Deepika Padukone, Ranveer …

India World Cup Nikhil Kamath Kamath Took
RBI Monetary Policy Committee Meet LIVE: When, Where & How to Watch Shaktikanta Das Address
1 year, 2 months ago

RBI Monetary Policy Committee Meet LIVE: When, Where & How to Watch Shaktikanta Das Address

News 18  

RBI MPC October 2023 Meeting: The meeting of the RBI’s Monetary Policy Committee, which started on Wednesday, will conclude today, and the decision will be announced by RBI Governor Shaktikanta Das. Here is How to Watch RBI Monetary Policy Decisions LIVE Today The Reserve Bank of India has put out a post on X to explain where and how to …

India Policy Inflation Monetary Policy Bank Live Rate
No need to make a dash for ₹2,000 swaps, says RBI Governor Shaktikanta Das
1 year, 7 months ago

No need to make a dash for ₹2,000 swaps, says RBI Governor Shaktikanta Das

The Hindu  

Seeking to allay concerns about the legal tender status of ₹2,000 currency notes after the September 30 deadline for their exchange or deposit, Reserve Bank of India Governor Shaktikanta Das stressed on May 22 there is no need to rush to the banks and signalled the last date is only meant to nudge people to return the notes soon. Speaking …

Currency Notes Bank Rbi Banks Das Exchange No Need
Govt mindful of inflation situation, says RBI Governor Das
2 years, 6 months ago

Govt mindful of inflation situation, says RBI Governor Das

The Hindu  

Reserve Bank of India Governor Shaktikanta Das on Wednesday said the government is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation. "I am sure the government is mindful of the current inflation situation and it is for the government to decide on further supply-side …

Inflation Rbi Das Govt Mindful Inflation Situation
RBI moves to normalise liquidity, introduces SDF as the floor to absorb excess funds
2 years, 8 months ago

RBI moves to normalise liquidity, introduces SDF as the floor to absorb excess funds

The Hindu  

The Reserve Bank on Friday took steps towards normalisation of liquidity management to pre-pandemic levels, with the introduction of the standing deposit facility as the basic tool to absorb excess liquidity, and narrowing the liquidity adjustment facility to 0.50% from the 0.90%. Governor Shaktikanta Das said the SDF would be at 3.75%, ie, 0.25% below the repo rate and 0.5% …

Rbi Das Msf Repo Laf Sdf Rate Liquidity Introduces
RBI Monetary Policy Committee Meet: Where, When & How to Watch Shaktikanta Das Address Live
2 years, 8 months ago

RBI Monetary Policy Committee Meet: Where, When & How to Watch Shaktikanta Das Address Live

News 18  

RBI Monetary Policy Meet: The Reserve Bank of India, or RBI, is all set to hold a press conference on April 8, Friday, on the decisions taken by it during its Monetary Policy Committee meeting that had started from April 6 and will conclude today. The meeting will start at 10 am on the day, where RBI governor Shaktikanta Das …

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RBI governor quotes Lata Mangeshkar's 'aaj phir jeene ki tamanna hai'; here's why
2 years, 10 months ago

RBI governor quotes Lata Mangeshkar's 'aaj phir jeene ki tamanna hai'; here's why

India Today  

Reserve Bank of India governor Shaktikanta Das on Thursday quoted Bharat Ratna Lata Mangeshkar's evergreen song to define the economic outlook and spirit of the domestic financial system amid Covid-19 pandemic. In his concluding remarks on the RBI's Monetary Policy Statement announced today, the Governor Das quoted Lata Mangeshkar's song "aaj phir jeene ki tamanna hai" to convey a message …

Lata Mangeshkar Rbi Das Governor Mahatma Gandhi Shaktikanta Das Rbi Governor
Auditors must report to RBI on deviations in regulated entities: Shaktikanta Das
3 years, 1 month ago

Auditors must report to RBI on deviations in regulated entities: Shaktikanta Das

The Hindu  

Auditors have a duty to report directly to the Reserve Bank of India on matters of material significance arising from the audit of banks and other regulated entities, central bank governor Shaktikanta Das said. Mr. Das also flagged the key role auditors must play in checking “smart accounting” practices of some company managements and the need for technology expertise to …

Audit Rbi Das Role Auditors
Economic Activity Recovering Since Late-May, Rising Cyber Attacks a Risk: RBI Guv
3 years, 5 months ago

Economic Activity Recovering Since Late-May, Rising Cyber Attacks a Risk: RBI Guv

News 18  

The second wave of the pandemic took a “grievous toll” on India, but the dented economic activity has started recovering from late-May, Reserve Bank Governor Shaktikanta Das said on Thursday. In a first, Das flagged the rising data breaches and cyber attacks as a risk facing the economy, along with others like firming global commodity prices. “The recovery that had …

Financial Cyber Attacks Das Economic Activity
RBI Governor Shaktikanta Das tests positive for COVID-19
4 years, 1 month ago

RBI Governor Shaktikanta Das tests positive for COVID-19

India TV News  

Shaktikanta Das, Reserve Bank of India Governor, tested positive for COVID-19 on Sunday. The RBI governor was quite active during the lockdown period and post unlock period to keep the economy and financial market in good shape. Meanwhile, coronavirus cases in India crossed the 78-lakh mark on Sunday with 50,129 new COVID-19 infections reported in the last 24 hours. However, …

India Covid Rbi Governor Shaktikanta Das Das Shaktikanta
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 …

India Inflation Covid Rate Rbi Das Shaktikanta Das
RBI Monetary Policy: Shaktikanta Das leaves repo rate unchanged
4 years, 4 months ago

RBI Monetary Policy: Shaktikanta Das leaves repo rate unchanged

Live Mint  

After a three-day meeting of the Monetary Policy Committee, RBI Governor Shaktikanta Das today announced that the key repo rate will be kept unchanged at 4%. Operational guidelines in this regard will be issued separately: RBI -RBI will set up an innovation hub: Das -Priority sector lending is also being given to startups: RBI -Stressed MSME borrowers will be eligible …

Rate Shaktikanta Das Policy Repo Rbi Das
PMC Bank crisis: Engaged with all stakeholders for resolution, says RBI Guv Shaktikanta Das
4 years, 5 months ago

PMC Bank crisis: Engaged with all stakeholders for resolution, says RBI Guv Shaktikanta Das

Live Mint  

The Reserve Bank of India is working with all stakeholders for resolution for Punjab and Maharashtra Cooperative Bank, the central bank governor said on Saturday. "RBI is engaged with all stakeholders for resolution for Punjab and Maharashtra Cooperative Bank," RBI Governor Shaktikanta Das said. "The Indian economy's medium-term outlook remains uncertain even though the country has started re-opening after over …

Bank Financial Stability Rbi Das Governor Shaktikanta Das Rbi Governor