Tag: Shaktikanta Das

RBI-Guv
RBI Keeps Interests Rates Unchanged At 4%, Maintains Accommodative Stance

Mumbai: Concerned over fresh COVID-19 wave and elevated food inflation, Reserve Bank of India on Wednesday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an…

India Hosts 1st Meet Of BRICS Finance Ministers, Central Bank Governors
India Hosts 1st Meet Of BRICS Finance Ministers, Central Bank Governors

New Delhi: India hosted a meeting of BRICS Finance Ministers and Central Bank Governors virtually on Tuesday. The meeting, jointly chaired by Finance Minister Nirmala Sitharaman and Reserve Bank of…

RBI Flags Major Concerns Over Cryptocurrency
RBI Flags Major Concerns Over Cryptocurrency

New Delhi: Reserve Bank of India Governor Shaktikanta Das on Thursday said that the central bank has flagged major concerns over cryptocurrency to the government. Speaking at the Times Network India Economic Conclave, the Governor said that digital currency is one thing and the cryptocurrencies which are being traded in the market is something else. […]

RBI
RBI Keeps Policy Rate Unchanged Fourth Time In A Row

Mumbai: Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future if need arises to support the economy hit by the COVID-19 pandemic. The benchmark repurchase (repo) rate has been left unchanged at 4 per cent, […]

RBI-Guv
RBI Maintains Status Quo Third Time In A Row, Keeps Policy Rate Unchanged At 4%

Mumbai: Concerned over elevated inflation, Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying more rate cuts in the future if need arises to support the economy hit by the COVID-19 pandemic. The benchmark repurchase (repo) rate has been left unchanged […]

Indian Economy Exhibited Stronger Pick Up Than Expected: RBI Guv Shaktikanta Das
Indian Economy Exhibited Stronger Pick Up Than Expected: RBI Guv Shaktikanta Das

Mumbai: The Indian economy has exhibited stronger pick up in momentum of recovery than expected, said Reserve Bank of India Governor Shaktikanta Das on Thursday. Addressing the 4th Annual Day of Foreign Exchange Dealers’ Association of India (FEDAI), he cited that a multi-speed normalisation of activity in Q2FY21, after the country witnessed a sharp contraction […]

RBI Guv Shaktikanta Das Tests COVID-19 Positive
RBI Guv Shaktikanta Das Tests COVID-19 Positive

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said that he has tested positive of novel coronavirus infection. Das, however, said that he is asymptomatic and is feeling alright. #BreakingNews: RBI Governor Shaktikanta Das tests positive for #Covid19; says he is asymptomatic (PTI) pic.twitter.com/Rj4ySJrhqN — OTV (@otvnews) October 25, 2020 “I have […]

RBI-Governor
RBI Guv Says, Extreme Risk Aversion To Have Adverse Outcomes

New Delhi: As the economy reels under the pandemic and post lockdown woes, Reserve Bank of India (RBI) Governor Shaktikanta Das is of the view that extreme risk aversion by financial institutions will have adverse outcomes for all. Noting that India’s financial system remains sound, Das, in his foreword to the RBI‘s latest Financial Stability […]

RBI-Guv
Economy Showing Signs Of Getting Back To Normalcy: RBI Governor

Mumbai: India’s economy is showing signs of getting back to normalcy, Reserve Bank of India Governor Shaktikanta Das said on Saturday. In a keynote address at the 7th SBI Banking and Economics Conclave, Das noted that medium term outlook still remains uncertain. “Despite the substantial impact of pandemic in our daily lives, the financial system […]

Shaktikanta-Das
Top 50 NBFCs' Asset-Liability Status Under RBI Lens: Shaktikanta Das

Mumbai: The top 50 non-banking finance companies (NBFCs) were being monitored closely, said Reserve Bank of India Governor Shaktikanta Das, here on Monday, hinting at the RBI’s focus on early detection of risks signs or any contagion effect on the credit system. “The asset-liability management (ALM) position and other relevant aspects of the top 50 […]