Tag: Shaktikanta Das

RBI Guv Shaktikanta Das=
RBI Guv Hints At Ending Accommodative Policy Stance

It has also slashed its growth forecast for the present fiscal to 7.2 per cent from 7.8 per cent in February.

Shaktikanta Das
India's FY23 GDP Growth Projected At 7.8%: RBI Guv

In a statement after the Monetary Policy Committee's bi-monthly meet, RBI Governor Shaktikanta Das said the real GDP growth is projected at 17.2 per cent in Q1FY23, at 7 per cent in Q2; at 4.3 per cent in Q3 and Q4 at 4.5 per cent.

RBI
RBI To Soon Float Paper On Reasonableness Of Charges On Transactions Via Digital Payments

To further encourage the use of UPI by retail investors, he said it is proposed to enhance the transaction limit for payments through UPI for Retail Direct Scheme and IPO applications from Rs 2 lakh to Rs 5 lakh.

Shaktikanta Das
Consumption Demand Making Strong Comeback: RBI Guv

India has potential to grow at a reasonably high pace in the post-pandemic scenario, said Reserve Bank of India Governor Shaktikanta Das.

RBI Governor Shaktikanta Das
Shaktikanta Das Given 3-Year Extension As RBI Governor

The decision was taken by the Appointments Committee of Cabinet headed by Prime Minister Narendra Modi.

RBI Governor Shaktikanta Das
Financial Inclusion Will Continue To Be A Policy Priority After Pandemic: RBI Guv

To measure the extent of financial inclusion in the country, it has been decided to construct and periodically publish a financial inclusion index (FII).

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 […]

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