• 

  Prolonged lockdown may push millions into margins of subsistence - Ex RBI Gov Subbarao

  Business | April 26, 2020 16:34 IST

  A prolonged lockdown may possibly push million of Indians into the "margins of subsistence", former RBI Governor Duvvuri Subbarao said on Sunday.

• 

  150 RBI workers are in quarantine: Governor Shaktikanta Das

  Business | April 17, 2020 11:14 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das addressed media on Friday via video conference saying that a total of 150 RBI workers are in quarantine as the country goes through coronavirus outbreak.

• 

  India is expected to post growth at 7.4% in FY22 as per IMF: RBI

  Business | April 17, 2020 13:05 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the RBI is doing everything to fight the epidemiological challenge that the world is facing. "India's growth rate is expected to be highest among G20 nations, as per IMF estimates," said RBI governor.

• 

  RBI cuts reverse repo rate, announces steps to boost liquidity | Highlights

  Business | April 17, 2020 12:17 IST

  RBI Governor Shaktikanta Das addressed a press briefing today. This was his second briefing since the COVID-19 outbreak. In his previous address on March 27, Das announced several relief measures approved by its Monetary Policy Committee (MPC) to counter the economic slowdown.

• 

  RBI puts a pause on EMIs for 3 months in fight against COVID-19

  Business | March 27, 2020 12:49 IST

  The Reserve Bank of India (RBI) on Friday allowed all the banks to hold EMIs for a period of 3 months. The development has come as the government's relief measures amid coronavirus lockdown in the country which has affected business and may lead to economic slowdown both national and globally.

• 

  RBI makes BIG-BANG move to fight COVID-19 fallout: Announces cut in repo rate, puts a pause on EMIs

  Business | March 27, 2020 12:40 IST

  A day after Finance Minister announced Rs 1.7 trillion economic package for country, the Reserve Bank of India governor Shaktikanta Das announced bold measures cut lending rates by slashing repo rate and reverse repo rate by massive 70 bps and 90 bps respectively. He also announced a 3-month moratorium on loans.

• 

  RBI Press Conference | Highlights

  Business | March 16, 2020 17:06 IST

  Reserve Bank of India (RBI) governor Shaktikanta Das is holding a press conference as market mayhem continues due to concerns coronavirus (Covid-19) pandemic. RBI Governor Press Conference LIVE: Shaktikanta Das speaks on Yes Bank:

• 

  Yes Bank resolution will be done very swiftly; 30 days is outer limit: RBI Governor

  Business | March 06, 2020 13:37 IST

  RBI Governor Shaktikanta Das on Friday said that the Yes Bank resolution will be done very swiftly and 30 days is the outer limit.

• 

  Vishwanathan decides to step down as RBI deputy governor by Mar 31

  Business | March 05, 2020 20:53 IST

  RBI Deputy Governor N S Vishwanathan has decided to step down by March 31 due to ill health, three months before the end of his extended one-year tenure. 

• 

  Supreme Court order on AGR dues: Will discuss internally if any issues arise out of it, says RBI

  India | February 15, 2020 15:25 IST

  RBI Governor Shaktikanta Das on Saturday said the central bank will have internal discussions in case there are any issues arising out of the Supreme Court order regarding adjusted gross revenue (AGR) dues to be paid by telecom companies.

• 

  Transmission of rate cuts improving slowly, credit growth momentum gathering pace: RBI Governor

  Business | February 15, 2020 14:34 IST

  RBI Governor Shaktikanta Das on Saturday said that the transmission of rate cuts is slowly and steadily improving and it is expected to improve further.

Advertisement
• 

  History behind, Shaktikanta Das-led RBI charts new trails sans acrimony

  Business | December 31, 2019 10:26 IST

  When the Narendra Modi government, stumped by the sudden resignation of Urjit Patel, parachuted retired bureaucrat Shaktikanta Das to RBI in December 2018, many expected a great lull in the public acrimony that marred the days of his academically more illustrious predecessors Patel and Raghuram Rajan.

• 

  Closely monitoring situation at PMC Bank; forensic audit underway: RBI Governor

  Business | November 07, 2019 15:39 IST

  "PMC Bank situation is being closely monitored. Forensic audit is underway in PMC Bank case," Das told reporters after a meeting of the Financial Stability and Development Council (FSDC) in New Delhi.

• 

  Spoken to RBI guv, PMC bank customers' concerns will be addressed: FM

  Business | October 12, 2019 16:19 IST

  The bank was put under "directions" by the Reserve Bank of India (RBI) last month due to weak financial health, wherein the central bank has capped the deposit withdrawals at Rs 25,000.

• 

  RBI to discuss with government issuance of sovereign bonds: Shaktikanta Das

  India | July 08, 2019 17:17 IST

  After the customary post-budget meeting with Finance Minister Nirmala Sitharaman, he said the system has sufficient liquidity and the Budget for 2019-20 has made provision for shadow banking (NBFC) sector.  

• 

  Refrain from nudging lenders to pump-prime economy: Urjit Patel

  Business | July 04, 2019 23:34 IST

  Mumbai, July 4 (IANS) Former Reserve Bank of India Governor Urjit Patel has warned against the temptation to deploy public sector banks to kick-start growth via mass-scale lending without proper regulations, as it has the potential to flare up the non-performing asset (NPA) situation again.

• 

  RBI Governor cautions against cherry-picking of data by experts

  Business | June 29, 2019 9:14 IST

  The RBI held its 13th Annual Conference with the theme 'Statistics for the Future - Select Issues', on the eve of ‘Statistics Day’ -- designated by the Government of India on June 29 to commemorate the birth anniversary of renowned statistician Prasanta Chandra Mahalanobis.

• 

  Clear indication of economy losing traction: RBI Governor

  Business | June 20, 2019 23:09 IST

  Reserve Bank of India Governor Shaktikanta Das had, in the last Monetary Policy Committee (MPC) meeting, said that there is clear evidence of economic activity losing traction while giving the rationale for a rate cut.

• 

  Shaktikanta Das: RBI would take steps for financial stability

  Business | March 12, 2020 18:46 IST

  In a lecture at the Lal Bahadur Shastri National Academy of Administration, Mussoorie, on the "evolving role of central banks", Das also said that financial stability is a major factor considered in the RBI's monetary policy.

• 

  Monetary economics in emerging markets needs a rethink: RBI Governor

  Business | April 13, 2019 13:18 IST

  In his speech titled 'Global Risks and Policy Challenges facing Emerging Market Economies', Das observed that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools.