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  RBI Governor Shaktikanta Das briefs central board about impact of monetary steps

  Business | June 26, 2020 16:24 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday briefed the board members about the impact of the various monetary and regulatory measures taken by the central bank to deal with the COVID-19 crisis. 

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  RBI extends moratorium on loan for another next 3 months

  News | May 22, 2020 17:43 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das on May 22

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  RBI extends Rs 15,000 crore credit line to EXIM Bank

  Business | May 22, 2020 14:56 IST

  The Reserve Bank of India (RBI) will extend a credit line of Rs 15,000 crore to the Export-Import (EXIM) Bank of India. The announcement is part of the RBI's latest measures to help businesses and the economy tide over the coronavirus crisis.

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  GDP growth rate in 2020-21 is expected to remain in the negative category: RBI Gov

  News | May 22, 2020 11:40 IST

  Loan EMIs are set to get cheaper as RBI cuts repo rate by 40 bps to 4 per cent. "The repo rate cut by 40 basis points from 4.4 % to 4%. Reverse repo rate stands reduced to 3.35%," RBI Governor Shaktikanta Das said in a press conference on Friday.

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  GDP growth expected to remain in negative territory in FY21

  Business | May 22, 2020 10:50 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the Monetary Policy Committee, in an unscheduled meeting, cut policy repo rate by 40 basis points to 4.0%, adding GDP is estimated to contract in current fiscal.

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  Expect normalcy to return in second half of the year: RBI Guv Shaktikanta Das

  Business | May 22, 2020 17:13 IST

  RBI Governor Shaktikanta Das in a presser amid lockdown situation in the country due to the outbreak of coronavirus which has impacted businesses at large said that they are expecting normalcy to return in the second half of the year.

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  RBI cuts repo rate by 40 bps to 4%, reverse repo rate at 3.35%

  Business | May 22, 2020 17:12 IST

  RBI Governor Shaktikanta Das on Friday announced a reduction in repo rate by 40 basis points from 4.4 % to 4% while reverse repo rate stands reduced to 3.35%.

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  RBI Governor Shaktikanta Das press conference | HIGHLIGHTS

  Business | May 22, 2020 10:36 IST

  The Reserve Bank of India (RBI) Governor Shaktikanta Das addressed a press conference on Friday. The briefing comes days after Finance Minister Nirmala Sitharaman had given the details of the Rs 20 lakh crore economic relief package announced by Prime Minister Narendra Modi last week.

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  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.

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  COVID-19 outbreak: RBI reduces Cash Reserve Ratio of all banks by 100 bps for 1 year

  News | March 27, 2020 16:22 IST

  The Reserve Bank of India on March 27 reduced the Cash Reserve Ratio (CRR) of all banks by 100 basis points to 3 percent of Net Demand and Time Liabilities with effect from the fortnight beginning March 28 for a period of one year.

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  COVID-19 outbreak: Probably large parts of world will slip into recession, says RBI Governor

  News | March 27, 2020 16:22 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das said that there is a probability that large parts of the world will slip into recession.

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  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.

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  COVID-19 outbreak: Repo rate cut by 75 basis points to 4.4%, says RBI Governor

  News | March 27, 2020 16:23 IST

  Reserve Bank of India (RBI) Governor Shaktikanta Das said that Repo rate has been reduced by 75 basis points to 4.4%.

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  Cash reserve ratio of all banks reduced by 100 basis points to 3 pc for a period of 1 year: RBI Guv

  Business | March 27, 2020 13:12 IST

  RBI Governor Shaktikanta Das on Friday announced a reduction in the Cash Reserve Ratio (CRR) of all banks by 100 basis points to 3% of Net Demand and Time Liabilities with effect from the fortnight beginning March 28 for a period of 1 year.

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  COVID-19 could impact domestic, global growth: RBI

  News | March 16, 2020 21:17 IST

  Speaking on coronavirus pandemic, RBI Governor Shaktikanta Das informed the disease could slowdown domestic as well as global growth.

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  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:

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  India will be impacted by coronavirus to 'some extent': RBI Governor

  News | March 06, 2020 17:21 IST

  While addressing during the 15th Annual Banking Summit of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) on March 06 in Mumbai.

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  Complete regulatory failure: P Chidambaram slams govt over Yes Bank crisis

  Business | March 06, 2020 13:34 IST

  Senior Congress leader and former Finance Minister P Chidambaram has hit out at the Centre over Yes Bank crisis accusing the government of a complete regulatory failure. Chidambaram's statement has come after Yes Bank was put under moratorium and depositors withdrawal limit was capped at Rs 50,000.

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  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.

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  Coronavirus outbreak to hit global growth, will have limited impact on India: RBI Governor

  Business | February 19, 2020 17:53 IST

  The coronavirus outbreak will have a limited impact on India but the global GDP and trade will definitely get affected due to the large size of the Chinese economy, RBI Governor Shaktikanta Das has said.