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Latest Articles in shaktikanta das

Depositors Should Be Careful While Chasing High Returns: Governor Das

RBI Governor Shaktikanta Das on Sunday cautioned depositors to be careful while chasing high returns as it comes with higher risk.

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RBI Unions Threaten To Go On Mass Casual Leave On Nov 30 Over Delay In Wage Revisions

The forum has also written a letter to Reserve Bank of India Governor Shaktikanta Das requesting his intervention in the matter.

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GDP To Clip At 9.5% As Growth Impulses Strong: Shaktikanta Das

“Our assessment is that we are on a path of reaching the 9.5 percent growth comfortably,” Das said at a function organised by financial daily Business Standard here this evening.

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RBI Board Reviews Economic Situation

The 591st meeting of the board was held under the Chairmanship of Governor Shaktikanta Das. His tenure as the Governor has been extended by three years up to December 2024.

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Shaktikanta Das Given 3-Year Extension As RBI Governor

Mr. Das was appointed the RBI's 25th governor on December 11, 2018, initially for a period of three years.

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Impartial Audit Essential For Resilient Economy: RBI Governor Shaktikanta Das

Das said RBI has been stressing on a strong governance framework in banks, NBFCs for building a resilient financial sector.

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MPC Minutes: RBI Remains Laser-Focused To Bring Back Inflation To 4%, Says Shaktikanta Das

The retail inflation, which was above 6 percent during May and June, has started moving down and stood at 4.35 percent in September.

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India To Remain Accommodative In Its Monetary Policy: RBI Governor

India is witnessing a very robust economic recovery, but there is still unevenness across sectors

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India To Remain Accommodative In Its Monetary Policy: RBI Gov

“We have therefore decided to remain accommodative in our monetary policy, while being closely watchful of the evolving inflation scenario,” Das said in the short video.

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RBI Monetary Policy: Shaktikanta Das To Give A Statement At 10 AM

RBI's rate-setting panel, on Wednesday, initiated its three-day deliberations on the next bi-monthly monetary policy, amid a sharp surge in global commodity prices and the requirement to contain domestic inflation.

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RBI Optimistic About 9.5% Growth In FY22; Will Gradually Move To Soften Inflation To 4%: Governor Das

As a result of high inflation, which also breached the 6 per cent band in between, the RBI has been maintaining a status quo on rates for over a year now and calls for higher attention to its core mandate of price rise are growing.

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RBI Guv Pitches For Continued Policy Support To Revive Growth, Monitoring Inflation

'The need of the hour is twofold: first, continue the monetary policy support to the economy; and second, remain watchful of any durable inflationary pressures and sustained price momentum in key components so as to bring back the CPI inflation to 4 per cent over a period of time in a non-disruptive manner,' he said.

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Rate Transmission Gaining Traction; New Loans Cheaper By 217 Bps, Old By 170 Bps Since Feb 2019: Das

Das began the rate cut cycle in February 2019. On May 22, 2020, at an unscheduled announcement, the RBI slashed the repo rate by 40 bps to help shore up the economy amid the COVID-19 crisis.

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Rate Cut On Housing Loans Augurs Well For Economy, Interest Rate Transmission Has Improved: RBI Gu

The Reserve Bank has been engaging with banks and market bodies to proactively take steps and the central bank has also issued advisories to ensure a smooth transition for regulated entities and financial markets.

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Next Purchase Of G-Secs Worth Rs 20,000 Cr Under G-SAP 2.0 On July 22: RBI

The central bank said it reserves the right to decide on the quantum of purchase of individual securities, and purchase marginally higher/lower than the aggregate amount due to rounding-off.

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