Browsing Tag
Shaktikanta Das
49 posts
RBI ups policy rate to 5.40% to contain inflation
The RBI Governor said taking various factors into consideration the real gross domestic product (GDP) growth projection for 2022-23 is retained at 7.2 per cent.
Inflation to ease in second half of FY23: RBI Governor
According to him, RBI's objective was to safeguard the economy and preserve financial stability.
Consumption Demand Making Strong Comeback: Shaktikanta Das
Furthermore, he said India has potential to grow at a reasonably high pace in the post-pandemic scenario.
Need to Continue Labour, Product Markets Reforms for Growth: RBI Guv
Mumbai, Sep 23: There is a need to continue with labour and product market reforms to usher in…
Enduring Inflation: RBI to keep at fanning growth despite Price Rise
According to Governor Shaktikanta Das, economy is recovering from set back from the Covid's second wave.
RBI remains ‘steadfast’ to take necessary steps to support economy: Guv
The RBI Governor's statement gains significance as the Indian stock market has surged amid the pandemic and scaled new highs in the past one month, raising concerns of stretched valuations.
RBI Governor Shaktikanta Das tests positive for coronavirus
RBI Governor Shaktikanta Das tests positive for coronavirus
Past policy actions’ transmission to help ease conditions, RBI Guv in MPC meet
“As supply chains adapt to the new conditions, recovery is expected to be stronger and sustained. To achieve this outcome, an accommodative monetary policy is needed at this juncture.”
Covid impacted economy, may see gradual recovery: RBI Governor
Citing World Bank assessment, Das said that recovery globally would take a longer route as it is not fully entrenched.
RBI Governor for farmers’ income growth, reasonable food prices
According to him, an efficient domestic supply chain becomes critical in such circumstances.
Extreme risk aversion to have adverse outcomes: Governor Shaktikanta Das
The Governor also said that currently there is growing disconnect between the movements in certain segments of financial markets and real sector activity.
Economy showing signs of getting back to normalcy: RBI Governor Shaktikanta Das
"Indian economy has started showing signs of going back to normalcy after easing of restrictions," Governor Das said at the 7th SBI Banking and Economics Conclave.
Will add liquidity if needed, RBI assures Yes Bank depositors
Mumbai, March 16 (IANS) Describing the reconstruction scheme for Yes Bank as credible and sustainable, Reserve Bank of…
Status quo in rates don’t imply future action: RBI Governor
New Delhi, Feb 6 : Hinting at rate cuts in its upcoming monetary policy meets, RBI Governor Shaktikanta…
Telecom tariff hike may add to inflation: Shaktikanta Das
Mumbai, Dec 5 Raising concerns of higher inflation in the near term, Reserve Bank Governor Shaktikanta Das on…
Weak governance in PSBs resulting in high NPAs: Shaktikanta Das
Das highlighted that the increase in NPAs was significantly higher in PSBs as compared to their private and foreign counterparts.
Policy space exists to address growth concerns: RBI Governor
Mumbai, Oct 18 : In what could mean further rate cuts by India’s central bank, RBI Governor Shaktikanta…
RBI’s MPC found clear signs of economy losing traction
"Overall, there is clear evidence of economic activity losing traction, with the GDP growth in Q4 (fourth quarter) 2018-19 slowing down to 5.8 per cent,"
RBI won’t hesitate on steps for financial stability: Governor
The liquidity crisis in the non-banking financial companies (NBFC) came to light when IL&FS defaulted on a commercial paper in September.
Need to set up state finance panels discussed: RBI
Mumbai, May 8: The necessity of setting up ‘State Finance Commissions’ was discussed in a meeting between RBI…
Be more transparent: Supreme Court raps RBI in final warning
New Delhi, April 26: The Supreme Court on Friday gave the RBI “one last opportunity” to disclose annual…
RBI issues Rs 50 notes bearing Governor Shaktikanta Das’ signature
Mumbai, April 17: The Reserve Bank of India (RBI) on Tuesday issued Rs 50 denomination banknotes bearing the…
Home loan borrowers can expect fall in rates
Earlier this month, the RBI cut the benchmark interest rate by 0.25 per cent to 6.25 per cent. But PSU and private banks are yet to pass on the resultant benefits to customers.
Loan interest costs set to fall as RBI cuts rate to 6.25%
New Delhi, Feb 7: In a surprise move that could bring down home and auto loans, the RBI…
RBI to carefully consider liquidity inducing measures: Governor Das
New Delhi, Jan 7 (IANS) Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on…
Modi government thinks it owns RBI, says Chidambaram
New Delhi, Dec 13 : Attacking the Narendra Modi government over its differences with RBI Governor Urjit Patel…
RBI is accountable, government runs country: Shaktikanta Das
On the issue of RBI's reserves, he said a committee to examine it would be constituted shortly and then with the appointment of its Chairman, the terms of reference of the committee would be drawn with fixed timelines.
Sensex jumps 629 points, Nifty settles above 10,700
Mumbai, Dec 12: Buying at lower levels and hopes of an easing monitory policy with the appointment of…
Appointment of Shaktikanta Das as RBI Governor is wrong: Subramanian Swamy
New Delhi, Dec 12: BJP MP Subramanian Swamy on Wednesday criticised appointment of Shaktikanta Das as the Reserve…
Shaktikanta Das ‘MA in History’ is first non-economist RBI Governor
New Delhi, Dec 12: Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as the new Reserve…
Yet another institution will diminish: Kapil Sibal on New RBI Governor
New Delhi, Dec 12: Senior Congress leader Kapil Sibal on Wednesday targetted Narendra Modi government over the appointment of new RBI Governor Shaktikanta…
New RBI Governor ‘Shaktikanta Das’ takes charge
Mumbai, Dec 12: Shaktikanta Das on Wednesday assumed charge as the 25th Governor of the Reserve Bank of…
Shaktikanta Das appointed as new RBI Governor
New Delhi, Dec 11: Former finance secretary and current member of the finance commission Shaktikanta Das has been…
Jaitley to embark on 5-day visit to US
New Delhi, April 18: Finance Minister Arun Jaitley will on Wednesday leave for a five-day visit to the US…
Indian markets well placed to absorb Fed rate hike
New Delhi/Washington, March 16: The Indian economy is strong enough to absorb the impact of the US Federal…
GST to come into effect from July 1: Das
New Delhi, February 28: The Goods and Services Tax (GST) will be implemented from July 1 as all…
Working on increasing exports to China: Shaktikanta Das
New Delhi, Feb 13 The government is working towards increasing exports to China to balance a wide trade…
Economy to grow over 7% next fiscal: Shaktikanta Das
New Delhi, Feb 4, 2017: Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow…
Don’t be flippant about Indian symbols: Shaktikanta Das warns Amazon
New Delhi, Jan 16, 2017: Economic Affairs Secretary Shaktikanta Das on Sunday asked e-commerce giant Amazon to abstain…
Govt lobbied Moody’s for better ratings as Modi govt’s endorsement
New Delhi, December 22: Narendra Modi-led government wanted to design a “credible” report card to delineate PM…
S Das explains empty ATMs: Banks preferring cash supply via branches
New Delhi, Decmeber 15: Today is the last day to use your old Rs 500 notes for paying…
NABARD sanctioned Rs 21,000 crore limit to rural areas
NEW DELHI, 23 Nov: The Economic Affairs Secretary Shaktikanta Das announced on Wednesday that the government has taken…
Latest demonetisation shocker: exchange only Rs. 2000 once till Dec 30
New Delhi, Nov 17: After introducing indelible ink for money exchange to constrict multiple currency exchange, the government on…
Live updates on demonetisation: Economic Affairs Secretary Shaktikanta Das briefs the media
Delhi, 17 Nov: The Economic Affairs Secretary Shaktikanta Das briefs the media on demonetisation policy. #Demonetisation issue:…
Rs 1000 note may make a comeback soon
New Delhi, Nov 10, 2016: Economic Affairs Secretary Shaktikanta Das on Thursday announced that the government will introduce new…
India prepared to deal with Brexit consequence, says Arun Jaitley
Finance Minister Arun Jaitley on Friday sought to calm stakeholders nerves amid mayhem in the financial markets following…
EURef results trash stock market: Shaktikanta says govt is prepared for all eventualities
It’s a Black Friday for global financial hub as Britain may ‘Leave’ European Union, In India, Sensex suffered…
Swamy now targets Economic Affairs Secretary, makes light of Jaitley
New Delhi, June 23 : Firing a fresh salvo on Thursday, BJP leader Subramanian Swamy targeted Economic Affairs Secretary…
India-China financial dialogue postponed
The India-China financial dialogue which was due to be held here between Finance Minister Arun Jaitley and his…