Shakti Kanta Das
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RBI Monetary Policy Meeting: Will Shaktikanta Das-led MPC keep repo rate stance unchanged?
Business | February 08, 2024 7:21 ISTThe RBI has kept the repo rate steady at 6.50 per cent over the past year, last raising it in February 2023 from 6.25 per cent.
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What is good for another market need not be good for us: RBI Governor Shaktikanta Das
Business | January 11, 2024 14:01 ISTThe governor's comments were made in response to the recent approval by the US Securities and Exchange Commission for the creation of bitcoin exchange-traded funds (ETFs) in the United States.
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RBI remains committed to prevent any risk to India's fastest growth potential: Shaktikanta Das
Business | December 28, 2023 18:44 ISTThe RBI Governor noted that although the world economy is dealing with a number of difficulties, the Indian economy is macroeconomically resilient and has a strong banking system that is sustaining its growth patterns.
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Indian economy, domestic financial system remain resilient on strong macroeconomic fundamentals: RBI
Business | December 28, 2023 20:41 ISTThe Reserve Bank on Thursday said net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent at the end of September 2023 and the country's domestic financial system remains resilient.
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RBI, two other banks receive bomb threat, sender demands resignation of Sitharaman, Shaktikanta Das
India | December 29, 2023 16:26 ISTThe sender claimed to be from 'Khilafat India' and stated that bombs have been planted at a total of 11 locations in Mumbai. According to the email, the bombs were planted at RBI offices, ICICI Bank and HDFC Bank and the blasts were to take place at 1:30 pm today (December 26).
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RBI keeps repo rate unchanged at 6.5% for the fifth time in a row; no hike in home loan rates
Business | December 08, 2023 10:27 ISTRetail inflation in India though, is in RBI's 2-6 per cent comfort level but is above the ideal 4 per cent scenario.
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What options are available after deadline to exchange Rs 2,000 notes is over? | DETAILS
Business | October 08, 2023 18:03 ISTRs 2,000 notes deadline over: On Sept 30, RBI decided to extend the arrangement for deposit and exchange till Oct 7. With effect from Oct 8, 2023, banks shall stop accepting Rs 2,000 notes for credit to accounts or exchange to other denomination banknotes.
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Indian fintech to hit $200bn in revenue by 2030: RBI Governor Shaktikanta Das
Business | September 06, 2023 17:35 ISTDas also said that the RBI is committed to supporting the growth of the fintech industry and has taken several measures to do so, such as the introduction of the Regulatory Sandbox and the Payment Initiation Services framework.
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Monetary policy has to be forward looking, says RBI Governor Shaktikanta Das
Business | September 05, 2023 17:48 ISTThe RBI's Monetary Policy Committee (MPC) has a mandate to keep retail inflation within a target range of 2-6%. In recent months, inflation has been driven by rising food and fuel prices.
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'Initiatives taken to make UPI system available on feature phones', says RBI Governor
Business | September 02, 2023 20:11 ISTThe UPI was started in September 2016 and then after the growth has been very steady and now it has crossed 10 billion.
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RBI Governor Shaktikanta Das keeps Repo Rate unchanged at 6.50 per cent third time in row
Business | August 10, 2023 10:28 ISTThe Central Bank decided to keep policy rate unchanged for third time in a row as it maintains heightened vigil on inflation.
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RBI may continue to hold rate amid concern over inflation: Experts
Business | August 06, 2023 13:22 ISTThe RBI Governor-headed six-member Monetary Policy Committee's meeting is scheduled on August 8-10. The policy decision will be announced on August 10 by Governor Shaktikanta Das.
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Indian economy, domestic financial system remain resilient despite global headwinds: RBI Governor
Business | June 28, 2023 19:39 ISTIn this delicate worldwide milieu, Shaktikanta Das said, adjusting the arrangement compromises, safeguarding macroeconomic and monetary steadiness, supporting certainty and supporting manageable development are first concerns for policymakers the world over.
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Two-thirds of Rs 2,000 notes returned within a month of withdrawal: RBI Guv Shaktikanta Das
Business | June 25, 2023 15:55 ISTShaktikanta Das had said around Rs 1.8 lakh crore worth of the Rs 2,000 notes in circulation had been returned, with the remaining balance being exchanged for deposits and deposits of 8 lakh crore.
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Monetary Policy Committee: 'Fight against inflation not over, job only half done,' says RBI Governor
Business | June 22, 2023 19:49 ISTFor the second time in a row, the RBI decided unanimously to maintain the repo rate at 6.5%. The interest rate at which the RBI lends to other banks is known as the repo rate.
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India will be among fastest growing economies in the world in 2023: RBI Governor
Business | June 13, 2023 19:49 ISTThe governor of the RBI stated that the Indian economy had experienced rapid growth and had gradually integrated into the global economy over time.
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'GDP growth rate for 2023 to be 7% or more': RBI Governor Shaktikanta Das on inflation
Business | May 24, 2023 14:51 ISTShaktikanta Das stated that the retail inflation data for this month, which are scheduled to be released on June 12, "could possibly be lower."
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Rs 2,000 note will continue to be legal tender, no reason to rush to banks: RBI
News | May 22, 2023 13:56 ISTShaktikanta Das, governor of the Reserve Bank of India (RBI), said on Monday that no one should rush to return or exchange their 2,000 rupee notes, a day before people start approaching banks to give up the high-value notes.
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Rs 2,000 note will continue to be legal tender, no reason to rush to banks: RBI
Business | May 22, 2023 12:27 ISTAccording to Das, the deadline was imposed primarily with the intention of encouraging people to return the notes.
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Inflation cooling very satisfying; GDP will grow at 6.5 per cent in FY24: RBI Governor
Business | May 12, 2023 20:33 ISTRBI governor Shaktikanta Das on Friday stressed the "very satisfying" inflation cooling and asserted that GDP will grow at 6.5 per cent in FY24 optimistically.
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