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SHAKTIKANTA DAS SPEECH
Shaktikanta Das shares final goodbye as he demits RBI office today, thanks PM Modi, Sitharaman and othersShaktikanta Das bids farewell as RBI Governor, expressing gratitude to PM Modi and FM Sitharaman for their support during his tenure. He ac...- Shaktikanta Das lists challenges for RBI as his tenure ends today, says restoring inflation growth balance crucialShaktikanta Das, concluding his term as RBI Governor, steered India's economy through turbulent times, including the COVID-19 pandemic. He ...
- RBI’s MPC announces launch of podcasts as new communication channelThe Reserve Bank of India's Monetary Policy Committee on Friday announced that it will be adding another medium of communication of through...
- RBI Governor projects India's economy to grow at 7.5% amid inflation concernsIndia's economy could grow at a rate of around 7.5% or more, says RBI Governor Shaktikanta Das. This surpasses the central bank's current f...
- RBI monitoring banks' business models more closely, says governor Shaktikanta DasThe recent stress tests have revealed that the Indian banks are efficient and will be able to maintain capital adequacy above minimum requi...
- DBUs to boost RBI's financial inclusion efforts: DasThe DBUs will augment our efforts to promote financial inclusion by providing banking services in a paperless, efficient, safe and secure e...
- India's overall forex reserves to shrink further this year, Deutsche Bank says"If the current account deficit indeed rises to $140 billion, the overall BOP (balance of payment) deficit could be as large as $80 billion...
- RBI guv Shaktikanta Das finds strength & hope in Lata Mangeshkar's 'Aaj Phir Jeene Ki Tamanna Hai' song, recites lyrics during live speechLegendary singer Lata Mangeshkar passed away on February 6 at the age of 92.
- RBI MPC leaves repo, reverse repo rates unchanged; maintains GDP forecast of 9.5% for FY22The MPC’s decision on interest rates was unanimous, RBI Governor Shaktikanta Das said.
- RBI could come up with a pilot for digital currencies by December: Shaktikanta DasHowever, it's not clear whether the currency will be launched based on the distributed ledger technology or a centralised ledger. Cryptocur...
- Growth projection unchanged at 9.5%, inflation revised upwards for FY22The governor also said that there has been “encouraging movement in high frequency indicators”. This implies that the economy is on the roa...
- RBI Governor Shaktikanta Das to make unscheduled speech todayThe address will be broadcast at 10 a.m. local time, the RBI said on Twitter, without providing further details.
- Money Policy: Key highlights from RBI Guv Shaktikanta Das's speechThe central bank retained the repo rate at their record low of 4 per cent and the reverse repo rate at 3.35 per cent. All six members of th...
- Takeaways: RBI governor Das’ warning to financial markets, view on fiscal spendingThe governor warned financial markets that they must be prepared for any halt in global inflows if risk aversion in external sector picks u...
- RBI Monetary Policy: 10 key takeaways from Shaktikanta Das's speechRBI believes rural demand, which is already a silver lining in times of crisis, is expected to strengthen further, while urban demand is al...
- Transmission of rate cuts improving; expected to improve further: RBI Governor Shaktikanta DasAddressing the media after the customary post-budget meeting between the Finance Minister and the RBI, Governor Shaktikanta Das talked abou...
- Governor Shaktikanta Das sets broader financial stability as the central bank's immediate policy-making priorityHe said that the focus on price stability as the sole objective of monetary policy has been questioned after the global financial crisis, u...
- What's floccinaucinihilipilification? Ask the Reserve Bank of IndiaCentral bank watchers were left scrambling for their dictionaries to decipher RBI Guv's speech.
- LIC to shortly announce credit enhancement fund: Shaktikanta DasIn his budget speech, Fin Min Arun Jaitley had proposed that LIC will set up a dedicated fund to provide credit enhancement to infrastructu...
- Some services face additional 2% surchargeAs part of the move towards GST, the service tax was raised from 12% to 14% with a 2% surcharge on the value of the service.
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