Shakti Kanta Das
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RBI gives growth projection of 6% for next year
News | February 15, 2020 18:45 ISTReserve Bank of India's (RBI) Governor Shaktikanta Das informed that they have given growth projection of 6% for the next year, which is in line with Economic Survey projection.
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History behind, Shaktikanta Das-led RBI charts new trails sans acrimony
Business | December 31, 2019 10:26 ISTWhen 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.
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RBI has not put banks on alert: Shaktikanta Das
India | December 12, 2019 23:00 ISTRBI Governor Shaktikanta Das was in the city to attend a central board meeting. He also met Chief Minister Naveen Patnaik in the state capital.
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Bank ATM cash withdrawal: RBI announces new guidelines on ATM transactions. Check out
Business | December 06, 2019 9:12 ISTBank ATM Transaction: In a move to put a curb on the increase in fraud in ATM cash withdrawals and ensure its safety, the Reserve Bank of India on Thursday announced new guidelines on ATM transactions.
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'Jaitley a combination of extraordinary knowledge, sharpness of mind': Shaktikanta Das
India | August 25, 2019 11:45 ISTLast year after a prolonged stand-off between the finance ministry and the RBI which was then headed by Urjit Patel, Jaitley had brought in Shaktikanta Das as the RBI Governor after Patel resigned before his term.
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What caused RBI to shift from convention on rate cut
Business | August 22, 2019 7:08 ISTThe Reserve Bank of India had raised quite a few eyebrows when it announced an unconventional 35 basis points rate cut during its bi-monthly policy meet earlier this month.
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RBI to discuss with government issuance of sovereign bonds: Shaktikanta Das
India | July 08, 2019 17:17 ISTAfter 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.
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Clear indication of economy losing traction: RBI Governor
Business | June 20, 2019 23:09 ISTReserve 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.
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Shaktikanta Das: RBI would take steps for financial stability
Business | March 12, 2020 18:46 ISTIn 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.
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Need for fresh look at NBFC supervision; norms soon on liquidity risk management: Shaktikanta Das
Business | June 09, 2019 13:29 ISTConcerned over stress in the NBFC sector, RBI Governor Shaktikanta Das Saturday said there is a need to have a fresh look at the regulation as well as supervision, and the central bank will come out with guidelines on liquidity risk management framework shortly.
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Nirmala Sitharaman to attend G-20 Finance Ministers' meeting in Japan
India | June 05, 2019 13:23 ISTThe International Monetary Fund (IMF) has cut its forecast for global growth from 3.6 per cent last year to 3.3 per cent in 2019.
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RBI to issue Rs 10 banknotes bearing sign of Governor Shaktikanta Das soon
India | May 20, 2019 22:05 ISTReserve Bank of India Monday said it will issue Rs 10 denomination banknotes bearing signature of Governor Shaktikanta Das.
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Monetary economics in emerging markets needs a rethink: RBI Governor
Business | April 13, 2019 13:18 ISTIn 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.
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RBI to issue guidelines on regulatory sandbox in next two months: Shaktikanta Das
Business | March 25, 2019 13:55 ISTObserving that FinTech has the potential to reshape the financial services and financial inclusion landscape in India in fundamental ways, he said, it can reduce costs and improve access and quality of financial services.
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RBI will take necessary steps to deal with liquidity deficit if needed: Governor Shaktikanta Das
Business | January 07, 2019 15:59 ISTDas further said that he will meet the representatives of Non-banking Financial Companies (NBFCs) on Tuesday in Mumbai.
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Banking sector on 'course to recovery' as high-level NPAs recede: RBI Guv
Business | December 31, 2018 17:47 ISTIn the report, Governor Das said that despite high costs, the recognition of NPAs has improved the operational risk assessment by state-run lenders.
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New RBI Governor Shaktikanta Das completes consultations with state-run banks
Business | December 20, 2018 21:31 ISTShaktikanta Das further said he will meet representatives of private sector banks and cooperative banks next week to discuss issues and concerns.
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RBI board agrees to further examine governance framework, Guv promises to discuss key issues with govt
Business | December 14, 2018 22:03 ISTThe board discussed a wide range of topics including the current economic situation, global and domestic challenges, matters relating to liquidity and credit delivery as well as issues related to currency management and financial literacy.
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Chidambaram accuses Union govt of not understanding central bank independence; alleges ‘Centre thinks it owns RBI’
India | December 14, 2018 7:24 ISTAsked whether Urjit Patel meekly accepted demonetisation, Chidambaram said, "He suffered a huge reputational slide by endorsing demonetisation."
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'Pray he doesn't make RBI a History': Gujarat BJP leader mocks RBI Governor over his educational qualification
India | December 13, 2018 12:56 ISTReferring to Das's MA in History degree, Vyas said he is praying that the new RBI Governor doesn't make the central bank 'history' itself.
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