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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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RBI MPC Meeting: Market expects fourth successive rate cut from Shaktikanta Das

RBI MPC Meeting: Market expects fourth successive rate cut from Shaktikanta Das

Mon, Aug 05, 2019

RBI MPC meeting started today and the market is rife with speculation that there would be at least another rate cut for the fourth time in a row.

FM Nirmala Sitharaman, RBI Governor ShaktiKanta Das address press conference

FM Nirmala Sitharaman, RBI Governor ShaktiKanta Das address press conference

Mon, Jul 08, 2019

FM Nirmala Sitharaman, RBI Governor ShaktiKanta Das address press conference post Meeting with RBI board today.

RBI to Discuss with Govt Issuance of Sovereign Bonds: Shaktikanta Das

RBI to Discuss with Govt Issuance of Sovereign Bonds: Shaktikanta Das

Mon, Jul 08, 2019

Reserve Bank Governor Shaktikanta Das on Monday, 8 July, said the central bank will discuss issuance of overseas sovereign bonds with the government.

RBI to introduce dedicated IVR system for tracking status of complaints against banks, NBFCs

RBI to introduce dedicated IVR system for tracking status of complaints against banks, NBFCs

Tue, Jun 25, 2019

With the launch of CMS, the processing of complaints received in the offices of Ombudsman and Consumer Education and Protection Cells (CEPCs) of the Reserve Bank has been digitalized, said the governor.

Fintech firms hail RBI's decision to review RTGS, NEFT charges - Who said what

Fintech firms hail RBI's decision to review RTGS, NEFT charges - Who said what

Tue, Jun 11, 2019

The move by RBI is certainly an encouraging one and it is likely to have a significant impact on India's cashless economy vision.

SBI vs ICICI Bank vs BoB vs HDFC Bank: When will your home loan EMIs get cheaper post RBI rate cut?

SBI vs ICICI Bank vs BoB vs HDFC Bank: When will your home loan EMIs get cheaper post RBI rate cut?

Fri, Jun 07, 2019

RBI has bagged a hatrick by trimming down the repo rate by total 75 basis points between February 2019 to June 2019 policy.

RBI MPC Meeting: SBI hails RBI for allowing more lendable resources to retail banks

RBI MPC Meeting: SBI hails RBI for allowing more lendable resources to retail banks

Fri, Jun 07, 2019

RBI's decision to adjust the Leverage Ratio could add a potential Rs 1 lakh crores to the lendable resources of the banks.

RBI will not hesitate to take any measure required to maintain financial stability: Shaktikanta Das

RBI will not hesitate to take any measure required to maintain financial stability: Shaktikanta Das

Thu, Jun 06, 2019

While addressing a press conference in Mumbai, RBI Governor Shaktikanta Das informed that RBI will not hesitate to take any measure which is required to maintain the financial stability of the system including, shot-term, medium-term and long term. He added, “We have already announced the formation of a separate cadre for regulation and supervision of banks and financial institutions and this is a major decision that has been taken to strengthen our regulations”.

RBI Monetary Policy: Shaktikanta Das says closely monitoring NBFCs, HFCs - Here's how they reacted

RBI Monetary Policy: Shaktikanta Das says closely monitoring NBFCs, HFCs - Here's how they reacted

Thu, Jun 06, 2019

In the briefing, Das also explained that, RBI is mandated to look after financial stability in economy.

RBI rate cut: Day when India saw 5.75% rate after 9 years! What has changed and what it means for the common man

RBI rate cut: Day when India saw 5.75% rate after 9 years! What has changed and what it means for the common man

Thu, Jun 06, 2019

India has finally witnessed a repo rate of 5.75%, which by the way, comes after 9 years. A lot has changed since 2010, when this rate was last applicable.

Amid World Cup fever, RBI delivers a hat-trick: Here's what experts say

Amid World Cup fever, RBI delivers a hat-trick: Here's what experts say

Thu, Jun 06, 2019

In last 3 monetary policies, overall 75 basis point cut has been made in repo rate.

NBFCs celebrate RBI Repo Rate cut, expect credit crisis to get resolved

NBFCs celebrate RBI Repo Rate cut, expect credit crisis to get resolved

Thu, Jun 06, 2019

NBFCs have hailed the RBI's Repo Rate cut decision and expect that it would help the government to address the liquidity crisis.

RBI rate cut: Expert says important to ensure banks pass on the benefit to customers

RBI rate cut: Expert says important to ensure banks pass on the benefit to customers

Thu, Jun 06, 2019

RBI's rate cut won't be enough to handle the liquidity issue until retail banks pass on the benefit to its customers, says market expert Ajay Bagga.

Rupee welcomes RBI rate cut by 25 bps with open arms - Here's how the currency reacted against dollar

Rupee welcomes RBI rate cut by 25 bps with open arms - Here's how the currency reacted against dollar

Thu, Jun 06, 2019

In fact, rupee reversed its Thursday's early opening trend, and strengthened against dollar benchmark commendably.

Real Estate developers hail RBI's rate cut decision, urge retail banks to pass on the benefit

Real Estate developers hail RBI's rate cut decision, urge retail banks to pass on the benefit

Thu, Jun 06, 2019

Real estate developers have welcomed the decision citing the move would send out positive notional signals but will the banks pass-on its benefit.

New NPA resolution norms in 3-4 days: Shaktikanta Das

New NPA resolution norms in 3-4 days: Shaktikanta Das

Thu, Jun 06, 2019

The Reserve Bank will issue a revised circular on bad loan recognition within the next three-four days, replacing the February 12 circular that was struck down by the apex court.

Monetary Policy alert: RBI raises CPI Inflation target for 1HFY20 - Vegetable, crude oil, households to play this role

Monetary Policy alert: RBI raises CPI Inflation target for 1HFY20 - Vegetable, crude oil, households to play this role

Thu, Jun 06, 2019

The latest Consumer Price Index (CPI) or retail inflation numbers are slightly up at 2.92% in April 2019 compared to 2.86% in March 2019.

RBI removes RTGS, NEFT charges: Joy for bank account holders! Transactions to get cheaper

RBI removes RTGS, NEFT charges: Joy for bank account holders! Transactions to get cheaper

Thu, Jun 06, 2019

RBI has done away with RTGS and NEFT routes to boost digital transactions and has asked banks to pass on the benefits. This comes as a major good news for bank customers.

Monetary policy 2019: Shaktikanta Das says RBI will not hesitate to take any measure required to maintain financial stability

Monetary policy 2019: Shaktikanta Das says RBI will not hesitate to take any measure required to maintain financial stability

Thu, Jun 06, 2019

Warning the retail bankers for not passing on the rate cut benefits to the customers the RBI Governor vowed to take stringent actions against the retail banks.

RBI Governor Shaktikanta Das informs key decisions taken by the MPC Meeting

RBI Governor Shaktikanta Das informs key decisions taken by the MPC Meeting

Thu, Jun 06, 2019

From cut in Repo Rate to waiver for RTGS and NEFT charges, the RBI Governor gave the MPC review of the Indian economy as well.

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