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From RBI to the PMO: Shaktikanta Das' journey in India's governance

Centre has appointed Ex-RBI governor, Shaktikanta Das, as the Principal Secretary to PM Modi today. His tenure will be co-terminus with that of the Prime Minister or until further orders

Change of guard at RBI corner office roils rupee, but boosts bond yields

On December 9, the Appointments Committee of the Cabinet cleared the appointment of Sanjay Malhotra as next RBI Governor for a period of three years.

Shaktikanta Das: Career administrator, gold medalist and more - Key facts about one of RBI's longest-serving Governors

Shaktikanta Das Latest News: Shaktikanta Das has served as RBI Governor for six years. This makes him second-longest-serving RBI governor. The longest-serving Guv for RBI was Benegal Rama Rau, who held the position for 7.5 years in the 1950s.

RBI Governor Shaktikanta Das’ last MPC meet before his term ends may leave the repo as is, cut CRR

Das has his work cut out in trying to balance growth and inflation in what may be his last MPC before his term runs out on December 12

Speculation over RBI chief Shaktikanta Das' future heats up after GDP miss

Economists are speculating over the future of Das in the wake of data showing the South Asian economy expanded 5.4% from July to September

Growth is fundamental necessity for Global South, but not at cost of price stability: RBI governor

Policy making in this environment of heightened uncertainty is akin to driving a car through a foggy path ridden with speed bumps. These are conditions which will test drivers patience and skills, Das said.

Inflation expected to moderate despite periodic humps, says RBI governor Shaktikanta Das

Das said he "reserves" his comments on the monetary policy action in December when asked about Union minister Piyush Goyal's statement that the RBI should 'definitely cut interest rates'

Shaktikanta Das says in no rush to launch the CBDC, RBI 'still on the learning curve'

Calling the CBDC pilot still in the 'experimental stage', Shaktikanta Das said the central bank is still on the learning curve. "We are not in hurry to launch the CBDC. We will launch it when we are fully satisfied."

Cryptocurrencies huge risks to financial stability: RBI Governor

India, he noted, was the first country to raise questions about cryptocurrencies. Under the G20, during the Indian presidency, there was an agreement to develop an international understanding of how to deal with this entire crypto ecosystem.

Gold reserves surge over 200% in Das's regime as RBI governor

Apart from this, total forex reserves also rose 78.1 percent under Das' tenure. Total foreign exchange reserves of India stood at $701.176 billion as on October 4, 2024, as compared to $393.735 billion on December 7, 2018.

Fundamental drivers of economy gaining momentum, despite slowdown in GDP growth: RBI governor

With the monsoon progressing well and healthy kharif sowing raising prospects of better harvest, there is greater optimism that food inflation outlook would become more favourable during the course of the year, said the RBI governor

Global Fintech Fest 2024: Green bonds, deposits face challenges despite benefits, says RBI Governor

Shaktikanta Das said challenges include scalability, as the market for green bonds needs to expand significantly to attract larger issuances and diverse set of investors

MC Explainer: What you should know about RBI’s Unified Lending Interface platform

Currently in the pilot stage, the platform is expected to reduce turnaround time for processing loans and complexity in the lending process. ULI is likely to help the borrowers avail credit easily while ensuring that lenders process information and data with ease.

RBI MPC: Governor Shaktikanta Das pegs inflation forecast steady at 4.5% for FY25

RBI MPC: The Governor also reiterated the RBI remains focused on keeping inflation levels below the 4 percent cutoff.

Banking Central | Big Brother is watching! MFIs get a wake-up call as RBI flags a caution on rate frenzy

Banking Central June 24 edition raised the issue of some MFIs charging too-high-rate-of-interest from borrowers. The RBI has taken note of the issue and has issued a clear warning.

Expected Credit Loss norms to be out in this fiscal year, say RBI Governor

Last year, in October, the central bank has constituted external working group on the ECL framework for loan loss provisioning.

RBI Governor says it's too early to talk on interest rate cut

Das further said he would rather not give any kind of forward guidance which may lead the market players, stakeholders and others to "board the wrong train"

RBI's June policy decision to be a non-event for markets; all eyes on inflation, GDP forecast

Analysts expect the central bank to maintain status quo for the eighth consecutive time, keeping interest rates unchanged at 6.5 percent, making the policy decision a non-event for the markets

RBI may try use of CBDCs in CPs, CDs on pilot basis: Shaktikanta Das

Das was speaking at BIS Innovation Summit 2024, at Basel, Switzerland.

RBI Governor calls for enhanced vigilance against unauthorised forex trading platforms

Shaktikanta Das was speaking at the FIMMDA-PDAI Annual Conference in Barcelona.

RBI post-policy Q&A | Here is what the governor, deputy governors said on currency derivatives, inflation

Framework for fintech SROs will be released by end April, the governor said.

No comments, says RBI governor on electoral bonds data

A five-judge bench of the Supreme Court on February 15 struck down the electoral bonds scheme as ‘unconstitutional’. On March 21, pol panel published bond details

RBI MPC highlights: FY25 growth forecast at 7%, CPI seen at 4.5%

RBI Governor Shaktikanta Das also stressed on the need to remain vigilant on food prices, given the forecast of higher temperatures between April-June. He also said that the impact of reduction in fuel prices on inflation will deepen in the coming months.