Rbi Governor Shaktikanta Das

In a farewell message, Das expressed gratitude for the opportunity to serve the nation and acknowledged the support he received during his term.

MC Explains | What RBI’s CRR cut means for borrowers and the economy

The RBI reduced the Cash Reserve Ratio (CRR) by 0.5% (50 basis points) to 4%.

RBI MPC Meet Outcome: RBI revises FY25 inflation forecast to 4.8%, Q3 and Q4 projections adjusted upwards

In October, India's retail inflation surged to a 14-month high of 6.21 percent year-on-year (YoY).

Business News Highlights: Victim of cyberattack, investigation underway, Star Health responds to data leak

Business News Updates Today (October 9): Competition Commission of India (CCI) has approved the first tranche of acquisition, allowing JM Financial Limited to acquire a 42.99% stake in JM Financial Credit Solutions Limited (JMFCSL) for Rs 1,282 crore.

RBI governor expects new external members of MPC to be in appointed on time

RBI MPC comprises of six members. These include three central bank officials and three external members.

RBI Governor Shaktikanta Das rated A+ globally for second consecutive year

Global Finance ranks the central bank governors of almost 100 important nations, regions, and districts in addition to the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States, and the Central Bank of West African States.

RBI MPC Meeting 2024 Highlights: Deposit-credit divergence may create liquidity management issue, warns Das

RBI MPC Meeting 2024 Live Updates: Das expresses concerns about certain banking entities' practices related to top-up home loans, noting that these concerns are being evaluated in the context of existing regulatory guidelines.

RBI Monetary Policy 2024 highlights: RBI projects FY25 real GDP growth at 7.2%, CPI inflation at 4.5% for FY25

RBI Governor announced on June 7 that the benchmark interest rates remain unchanged at 6.5 percent

Need to watch veggie prices in summer; inflation may take time to moderate to target: RBI

Das said the Reserve Bank of India's (RBI) key objective is to get the inflation rate to the 4 per cent target set for it by the government on a durable basis, and the "last mile" is the most challenging.

Searing heat wave boosts RBI case to wait on rate cuts

The nation’s weather office on Monday predicted hotter-than-usual temperatures across the country in the three-month period through June, with a high probability of heat wave episodes lasting as long as 10 to 20 days in certain regions.

85% Paytm wallet users not to face disruption; rest asked to link wallet to other banks: RBI Guv

The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.

Paytm Payments Bank crisis: What RBI Governor said on action against the entity

RBI Governor Shaktikanta Das on Paytm Payments Bank crisis: The Reserve Bank of India's restrictions on regulated entities are always proportionate to the gravity of the situation, said Das during the post monetary policy press conference

Gave Paytm enough time to rectify; Here's all that RBI top brass said

Last week, the Reserve Bank of India (RBI) issued a directive to Paytm Payments Bank, prohibiting it from accepting new deposits starting February 29, 2024.

RBI MPC 2024: Governor Shaktikanta Das highlights initial nine points of the policy review

RBI projects 7% GDP growth for FY25 as the economy stays resilient. Recovery in rabi sowing, sustained profitability in manufacturing and underlying resilience of services should support economic activity in 2024-25, RBI governor Shaktikanta Das said.

RBI Holds Rate Steady: Here's the full text of Governor Shaktikanta Das's speech

This marks the fifth time in a row when the rate-setting panel chose to keep the repo rate unchanged, on the back of easing inflation and higher-than-expected economic growth rate

RBI's MPC meet begins amid expectations of status quo on interest rate

RBI left the benchmark policy rate (repo) unchanged in its past four bi-monthly monetary policies.

India Q2 GDP: Economic Affairs Secretary Seth expects good Q2 growth number

According to a Moneycontrol survey of 17 economists, India's GDP may have grown by 6.8 percent in July-September, data for which will be released by the statistics ministry on November 30.

Tighter unsecured lending norms preemptive, in interest of sustainability: RBI Governor

Das said he does not see new stress building up in the banking system currently, but wants lenders to continue with stress testing.

RBI Governor says banks, NBFCs need to be watchful of stress building up

Banks needed to be watchful of exposure to NBFCs, while NBFCs need to diversify their funding sources to minimise risks, Das has said

CBDC a quick, efficient means for cross-border transactions, says RBI Governor

The central bank had started the wholesale pilot of CBDC in November last year, and the retail CBDC pilot project in December 2022.

Ukraine war impacted RBI's inflation targeting, says RBI Governor

In September, India’s headline retail inflation rate fell to 5.02 percent in September, aided by a steep plunge in the vegetable prices.

RBI Governor asks fintech players to form self regulatory organisation

Addressing the industry at the Global Fintech Fest here, Das said fintech players need to evolve industry best practices to avoid misselling, stress on ethical practices, pricing transparency and take care of privacy and data protection concerns.

Price stability essential for maintaining growth, says RBI Governor Shaktikanta Das

On the inflation front, the RBI governor said the central bank will remain on guard to ensure that second-order effects in the form of generalisation and persistence are not allowed to take hold.

RBI Policy | Here’s what Governor Das and his deputies said on I-CRR, UPI and loans

The incremental Cash Reserve Ratio (CRR) will suck out a little over Rs 1 lakh crore of liquidity from the banking system, the central bank chief said in the post-policy press conference on August 10.

Every RBI governor has a pet interest rate theory

Typically, banks tend to be prompt in raising rates during a tightening phase but fail to display the same alacrity when interest rates are moving south