The BIS Innovation Summit convenes global policymakers, senior financial and technology industry leaders, and academics to explore how the accelerated pace of technological innovation presents growing opportunities for the financial sector and central banks, while also addressing the risks these innovations may pose.
In an exclusive conversation with Moneycontrol in Davos, Reserve Bank of India Governor Shaktikanta Das said the central bank has not initiated a crackdown on unsecured loans and the its actions were pre-emptive The Indian banking system is robust and has emerged stronger from the fallout of the Covid-19 pandemic and the Russia-Ukraine war as banks in advanced economies grappled with severe challenges, Das said Watch the full interview!
The Reserve Bank of India Governor Shaktikanta Das to announce the third bi-monthly monetary policy for the 2023-2024 financial year. RBI is expected to keep the repo rate unchanged at 6.5% till owing to the inflation fears. In June policy, RBI Governor kept the repo rates unchanged. In April meet too, the repo rates were unchanged. Watch the announcements on repo rates, inflation and growth forecasts.
Reserve Bank of India Governor Shaktikanta Das announces the second bi-monthly monetary policy for the current fiscal. Watch the announcements on repo rates, inflation, growth forecasts.