Tag: Reserve Bank Governor Shaktikanta Das

Mumbai: Banks will have to take more haircuts while resolving the stressed loans extended to non- banking lenders who are found wanting on the corporate governance front, Reserve Bank governor Shaktikanta Das warned Thursday. On the government move to have merge 10 banks to four larger ones, Das said the amalgamations ought to be non- […]

Mumbai: Domestic equity benchmark BSE Sensex rebounded over 100 points in early session on Friday, driven by by gains banking, auto and IT stocks amid positive domestic and global cues. The 30-share index was trading 119.27 points, or 0.33 per cent, higher at 36,212.74 at 0930 hours, while the broader Nifty rose 23.90 points, or […]

New Delhi: Reserve Bank Governor Shaktikanta Das on Monday said the government will have to use structural reforms to revive demand and support the sagging economy, and green shoots of the recovery visible now need to be sustained to pull India out of its worst slowdown in 11 years. In an interview with PTI, he […]