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Shaktikanta Das

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

World Economic Forum: India's International Confidence Hits...

Thu, Jan 18, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.

RBI Governor Shaktikanta Das advocates digital banking amid coronavirus outbreak

RBI Governor Shaktikanta Das advocates digital banking amid coron...

Mon, Mar 30, 2020

Reserve Bank of India (RBI) Governor Shaktikanta Das, in a video message to the Indian citizens, advocated the digital mode of payment as part of social distancing as the coronavirus positive cases in India continued to rise on Sunday.

What do RBI announcements mean for common man, Indian economy amid coronavirus lockdown

What do RBI announcements mean for common man, Indian economy ami...

Fri, Mar 27, 2020

The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak. The Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate by 75 basis points to 4.40 per cent from 5.15 per cent.

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Have EMIs to pay? WAIVER relief for home loan, auto loan takers! No need to pay for 3 months

Have EMIs to pay? WAIVER relief for home loan, auto loan takers! No need to pay for 3 months

Fri, Mar 27, 2020

EMI payment waiver: RBI has permitted all lending institutions to allow a 3-month "moratorium" on payment of installments on term loans.

RBI Repo Rate cut announced; EMI payment delay to loan rates, check top 5 takeaways

RBI Repo Rate cut announced; EMI payment delay to loan rates, check top 5 takeaways

Fri, Mar 27, 2020

Coronavirus impact: In its bid to provide ample liquidity in the market and banks, the RBI has announced that it has ordered a Repo Rate cut by as much as 0.75% to 4.4%.

RBI cuts repo rate by massive 75 bps, maintains accommodative stance

RBI cuts repo rate by massive 75 bps, maintains accommodative stance

Fri, Mar 27, 2020

The Reserve Bank of India on Friday cut the repo rate by 75 basis points, in the wake of extraordinary circumstances created by coronavirus outbreak

RBI move on dollar liquidity re-assuring; rate cut appears very much on cards: Assocham

RBI move on dollar liquidity re-assuring; rate cut appears very much on cards: Assocham

Tue, Mar 17, 2020

Speaking at a hurriedly-called press conference in Mumbai, Das said the Reserve Bank has "enough policy tools and stands ready to take any measures" needed to help the economy tide over the impact of the coronavirus pandemic.

Yes Bank depositors' money safe; moratorium to be lifted on 18th, says RBI Governor Shaktikanta Das

Yes Bank depositors' money safe; moratorium to be lifted on 18th, says RBI Governor Shaktikanta Das

Mon, Mar 16, 2020

The Yes Bank moratorium will be lifted on Wednesday evening, Reserve Bank of India Governor Shaktikanta Das announced on Monday afternoon. In a press conference, the RBI governor said that swift action has been taken by the Central Bank and Government of India on the matter.

RBI Governor: 'Decision on Yes Bank' took to bring stability in banking sector

RBI Governor: 'Decision on Yes Bank' took to bring stability in banking sector

Fri, Mar 06, 2020

Reserve Bank of India Governor Shaktikanta Das said that the decision on the Yes Bank has been taken to bring stability in the banking sector.

Coronavirus outbreak to have limited impact on India: RBI Governor Shaktikanta Das

Coronavirus outbreak to have limited impact on India: RBI Governor Shaktikanta Das

Wed, Feb 19, 2020

The deadly virus has brought a large part of the world's second-largest economy China to a standstill and its impact has been felt across industries.

Shaktikanta Das: Growth rate projected at 6% for next year

Shaktikanta Das: Growth rate projected at 6% for next year

Sat, Feb 15, 2020

In RBI board meeting, RBI governor Shaktikanta Das announced that the growth rate of the country is projected at 6% for the next year. Watch this video to know more.

RBI monetary policy: Experts welcome accommodative stance, hope for economic revival

RBI monetary policy: Experts welcome accommodative stance, hope for economic revival

Thu, Feb 06, 2020

RBI monetary policy: The industry experts have welcomed Reserve Bank of India's decision to maintain accommodative stance while keeping the repo rate same in its Monetary Policy Committee (MPC) meeting headed by Governor Shaktikanta Das.

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

Thu, Feb 06, 2020

The Reserve Bank of India on Thursday projected the economy to expand by 6 per cent during the next financial year, pegging it at the lower end of the GDP growth estimate of the Economic Survey. The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

RBI MPC Meeting: Shaktikanta Das announces big relief for real estate sector; Check major highlights

RBI MPC Meeting: Shaktikanta Das announces big relief for real estate sector; Check major highlights

Thu, Feb 06, 2020

RBI MPC Meeting came out with a consensus that the Repo Rate should be left unchanged maintaining the accommodative stance of India's apex bank.

RBI Monetary Policy: Five key announcements you should know

RBI Monetary Policy: Five key announcements you should know

Thu, Feb 06, 2020

The RBI keeps the repo rate and reverse repo rate unchanged at 5.15% and 4.90% respectively.

RBI MPC: Repo rate remains unchanged, GDP growth for 2020-21 pegged at 6 pct

RBI MPC: Repo rate remains unchanged, GDP growth for 2020-21 pegged at 6 pct

Thu, Feb 06, 2020

RBI MPC: The Reserve Bank of India (RBI) has kept the repo rate change in its first Monetary Policy Committee meeting following the Union Budget.

RBI Monetary Policy Committee meet: Here is what you should expect

RBI Monetary Policy Committee meet: Here is what you should expect

Thu, Feb 06, 2020

Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is set to meet for the first time after the presentation of Union Budget and is likely to maintain status quo in rates.

Budget 2020: RBI Governor Das underlines need for more structural reforms

Budget 2020: RBI Governor Das underlines need for more structural reforms

Sat, Jan 25, 2020

Budget 2020: RBI Governor Shaktikanta Das on Friday called for structural reforms and more fiscal measures to revive consumption demand and the overall growth.

There is space for further monetary policy action, says Shaktikanta Das

There is space for further monetary policy action, says Shaktikanta Das

Mon, Dec 16, 2019

He further said that the government and the central bank had taken steps to help the economy recover but the outcome of events in the global economy would play a role. Talking about the US trade deal, Das said that he hopes a recent trade deal between the United States and China would hold and not be reversed.

Your set-to-rise phone bills may add to inflation; What RBI Governor said

Your set-to-rise phone bills may add to inflation; What RBI Governor said

Fri, Dec 06, 2019

"There is a case for looking through the current spike in headline inflation, which is mainly due to the spike in food inflation. Our calculation shows that during Q4 (January-March), food inflation in particular is likely to remain very high and its moderation in the coming months is dependent on several factors."

RBI Monetary Policy today: Your loans to get cheaper? Key things to watch out for from Governor Das led MPC

RBI Monetary Policy today: Your loans to get cheaper? Key things to watch out for from Governor Das led MPC

Thu, Dec 05, 2019

The Reserve Bank of India (RBI) is set to announce its fifth bi-monthly monetary policy today amid concerns over a weakening economy and low GDP growth.

RBI Monetary Policy Preview: Repo rate cut? Home loan, car and bike loans likely to become even cheaper

RBI Monetary Policy Preview: Repo rate cut? Home loan, car and bike loans likely to become even cheaper

Tue, Dec 03, 2019

RBI Monetary Policy Preview: The Shaktikanta Das led panel will have a lot to work on when the Monetary Policy Committee (MPC) meets between December 3 and December 5.

PMC mess: Inputs given on Act amendment: Das

PMC mess: Inputs given on Act amendment: Das

Fri, Nov 08, 2019

Last month Finance Minister Nirmala Sitharaman had after meeting PMC Bank depositors promised to bring in legislation in the upcoming winter session of Parliament to amend the Act governing cooperative banks.

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