Shaktikant Das
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Will take necessary measures to promote growth: RBI Governor
Business | Sep 16, 2020, 12:38 PM ISTRBI Governor Shaktikanta Das on Wednesday assured the industry that the central bank will take all necessary measures to ensure liquidity in the system and promote economic growth.
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India is expected to post growth at 7.4% in FY22 as per IMF: RBI
Business | Apr 17, 2020, 01:05 PM ISTReserve 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.
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RBI cuts reverse repo rate, announces steps to boost liquidity | Highlights
Business | Apr 17, 2020, 12:17 PM ISTRBI 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.
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RBI governor's full statement after Monetary Policy Committee (MPC) meeting
Business | Mar 27, 2020, 01:15 PM ISTReserve Bank of India governor Shaktikanta Das on Friday made a series of big announcements to de-stress the impact from a 21-days long nationwide lockdown. Here's the complete statement by RBI Chief:
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RBI makes BIG-BANG move to fight COVID-19 fallout: Announces cut in repo rate, puts a pause on EMIs
Business | Mar 27, 2020, 12:40 PM ISTA 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.
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Repo rate slashed, RBI also announces 3-month loan moratorium | HIGHLIGHTS
Business | Mar 27, 2020, 12:46 PM ISTRBI Governor Shaktikanta Das addressed a press conference on Friday. The RBI chief's address comes a day after the central government announced a coronavirus relief package of worth Rs 1.7 lakh crore.
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Transmission of rate cuts improving slowly, credit growth momentum gathering pace: RBI Governor
Business | Feb 15, 2020, 02:34 PM ISTRBI Governor Shaktikanta Das on Saturday said that the transmission of rate cuts is slowly and steadily improving and it is expected to improve further.
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Forex kitty continues to swells, scales past $451-bn-mark
Business | Dec 06, 2019, 08:53 PM ISTIn the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which rose by USD 2.642 million to USD 419.367 billion, according to the data.
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'Animated discussions' on precision of statistical methods: RBI Governor Shaktikanta Das
India | Jun 28, 2019, 09:51 PM ISTIn a recent paper which came under heavy criticism from the Economic Advisory Council to the Prime Minister, former Chief Economic Adviser Arvind Subramanian had used 17 high-frequency indicators that correlate with the GDP to suggest that India significantly over-estimated its GDP figures from 2011-12 onwards.
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'RBI is accountable': New Governor promises to consult govt, stakeholders on key policy issues
Business | Dec 12, 2018, 09:38 PM ISTHe also pointed out that consultations with stakeholders have become fundamental to the central bank's functioning in view of the complexity of modern day decision-making, adding he would meet the heads of the Mumbai-based state-run banks on Thursday as part of this process.
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Rating agencies detached from India’s ground realities: Shaktikanta Das
May 06, 2017, 03:19 PM ISTUpset over being denied rating upgrade, India today lashed out at global rating agencies and said that they are far detached from ground realities.