Back to homepage

Tag "RBI governor Shaktikanta Das"

RBI Governor stresses fintech’s role as a force multiplier

RBI Governor stresses fintech’s role as a force multiplier

🕔09:13, 21.Sep 2022

RBI Governor Shaktikanta Das in his address to the Global Fintech Fest (GFF) 2022 marked the theme of his talk as Fintech as a Force Multiplier. New Delhi, Sep 20 (IANS) RBI Governor Shaktikanta Das in his address to the Global

Read Full Article
What explains RBI’s bullishness & why India is a $1tn investment magnet

What explains RBI’s bullishness & why India is a $1tn investment magnet

🕔11:02, 11.Sep 2022

New Delhi, Sept 11: The fundamentals of the Indian economy remain strong, as RBI Governor Shaktikanta Das had recently stated. India’s growth rate is among the fastest in the world, retail inflation has moderated, buffer food stocks are abundant, forex

Read Full Article
Cryptocurrencies are clear danger to financial systems: RBI Governor

Cryptocurrencies are clear danger to financial systems: RBI Governor

🕔13:07, 1.Jul 2022

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must be mindful of the emerging risks on the horizon. New Delhi, June 30 Reserve Bank

Read Full Article
RBI, govt working in complete harmony on crypto, says Sitharaman

RBI, govt working in complete harmony on crypto, says Sitharaman

🕔14:00, 14.Feb 2022

Crypto is back on the discussion table as Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das deliberated over the issue. The Finance Minister had announced in her Budget speech that the RBI will launch a

Read Full Article
Reduction in taxes on fuel to ease inflationary pressure: RBI guv

Reduction in taxes on fuel to ease inflationary pressure: RBI guv

🕔15:44, 8.Dec 2021

New Delhi, Dec 8 (IANS) Reduction in Central excise as well as state VAT on petrol and diesel is expected to ease domestic inflationary pressure, RBI Governor Shaktikanta Das said on Wednesday. In a virtual address post the monetary policy meet,

Read Full Article
RBI maintains India’s FY22 GDP growth projection at 9.5%

RBI maintains India’s FY22 GDP growth projection at 9.5%

🕔15:42, 8.Dec 2021

Mumbai, Dec 8 (IANS) The Reserve Bank of India (RBI) on Wednesday maintained India’s GDP growth projection for the current financial year to 9.5 per cent on accelerated economic recovery along with pent-up demand. Accordingly, GDP is expected to grow at

Read Full Article
RBI lowers FY22 inflation projection to 5.3, sees further softening

RBI lowers FY22 inflation projection to 5.3, sees further softening

🕔12:28, 8.Oct 2021

New Delhi, Oct 8 (IANS) The Reserve Bank of India on Friday lowered FY22 retail inflation projection for the ongoing financial year to 5.3 per cent from the previous estimate of 5.7 per cent. In a virtual address post the monetary

Read Full Article
Will ensure adequate liquidity to support economic recovery: RBI Governor

Will ensure adequate liquidity to support economic recovery: RBI Governor

🕔12:27, 8.Oct 2021

Mumbai, Oct 8 (IANS) RBI Governor Shaktikanta Das on Friday said that adequate liquidity will be ensured to support the process of economic recovery. In a virtual address post the monetary policy meet, he said that the RBI will continue to

Read Full Article
RBI to fine tune liquidity operations whenever needed

RBI to fine tune liquidity operations whenever needed

🕔22:26, 31.Aug 2021

Mumbai, Aug 31 (IANS) The Reserve Bank of India (RBI) will fine tune liquidity operations from time-to-time, when needed, Governor Shaktikanta Das said on Tuesday. Addressing the FIMMDA-PDAI Annual Conference, he said that the Reserve Bank will endeavour to ensure adequate

Read Full Article
Resurgence in inflation reignited debate on monetary policy response: RBI Guv

Resurgence in inflation reignited debate on monetary policy response: RBI Guv

🕔07:36, 21.Aug 2021

New Delhi, Aug 21  RBI Governor Shaktikanta Das has said that the resurgence of inflation in May and June reignited the debate on monetary policy response. The minutes of the last meeting of the Monetary Policy Committee (MPC) showed that

Read Full Article
Recovering Economy: RBI retains FY22 projection for real GDP growth at 9.5%

Recovering Economy: RBI retains FY22 projection for real GDP growth at 9.5%

🕔11:50, 6.Aug 2021

New Delhi, Aug 6 The Reserve Bank had retained the FY22 projection for real GDP growth at 9.5 per cent on the back of receding impact of Covid second wave as well as rising vaccinations. Accordingly, RBI Governor Shaktikanta Das, pointed

Read Full Article
RBI Guv calls for sustained policy support, stronger capital buffer by banks

RBI Guv calls for sustained policy support, stronger capital buffer by banks

🕔07:58, 2.Jul 2021

Mumbai, July 2  RBI Governor Shaktikanta Das has said that sustained policy support along with further strengthening of capital buffers by banks and other financial institutions remain vital amid the Covid-19 pandemic. In his foreword to the Financial Stability Report

Read Full Article
RBI allows 24×7 bulk payment system for uninterrupted DBT

RBI allows 24×7 bulk payment system for uninterrupted DBT

🕔12:33, 4.Jun 2021

Mumbai, June 4  In order to ensure seamless and uninterrupted transfer of government subsidies to beneficiaries, the RBI on Friday permitted availability of National Automated Clearing House (NACH) on all days of the week. NACH, a bulk payment system operated

Read Full Article
FPI boost: Banks to provide them margin for G-Sec purchase

FPI boost: Banks to provide them margin for G-Sec purchase

🕔12:32, 4.Jun 2021

Mumbai, June 4  The Reserve Bank of India (RBI) has allowed authorised dealer banks to provide margin money facility to Foreign Portfolio Investors (FPI) for their transactions in Government Securities (G-Sec). The move is aimed at encouraging investments by FPIs

Read Full Article
Growth Oriented: RBI retains rates accommodative rates

Growth Oriented: RBI retains rates accommodative rates

🕔10:45, 4.Jun 2021

Mumbai, June 4 (IANS) The Reserve Bank of India has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22. Accordingly, the Monetary Policy Committee (MPC) of the central bank voted

Read Full Article
RBI’s to transfer Rs 99,122 cr as surplus to Centre

RBI’s to transfer Rs 99,122 cr as surplus to Centre

🕔15:54, 21.May 2021

New Delhi, May 21  Reserve Bank will transfer Rs 99,122 crore as surplus to Centre for nine months ended March 31, 2021. The decision was taken at the 589th meeting of the Central Board under the chairmanship of RBI Governor

Read Full Article
RBI announces 2nd round of loan restructuring for MSMEs, individuals

RBI announces 2nd round of loan restructuring for MSMEs, individuals

🕔06:41, 6.May 2021

Mumbai, May 6  The Reserve Bank of India has announced another round of loan restructuring for MSMEs, small businesses and individuals with aggregate exposure of up to Rs 25 crore, who have not been beneficiaries of restructuring frameworks. RBI Governor

Read Full Article
RBI Governor meets MD, CEOs of small finance banks

RBI Governor meets MD, CEOs of small finance banks

🕔19:12, 30.Apr 2021

Mumbai, April 30  The Reserve Bank of India on Friday held a meeting with heads of small finance banks on credit flows to different segments of the borrowers and get a sense of emerging stress on banks’ balance sheet in

Read Full Article
RBI Guv calls for coordinated action to give tax relief on petroleum products

RBI Guv calls for coordinated action to give tax relief on petroleum products

🕔12:04, 7.Apr 2021

Mumbai, April 7 (IANS) Reserve Bank of India Governor Shaktikanta Das on Wednesday put onus on both Centre and the States to ensure that through coordinated policy measures the cost build up in the petroleum products does not escalate further. While

Read Full Article
CPI inflation for April-June seen at 5.2%: RBI

CPI inflation for April-June seen at 5.2%: RBI

🕔11:41, 7.Apr 2021

Mumbai, April 7 (IANS) The Reserve Bank of India (RBI) has pegged retail inflation for the Apri-June quarter of the current financial year at 5.2 per cent. Announcing the first Monetary Policy for FY22, RBI Governor Shaktikanta Das said that the

Read Full Article