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Tag "RBI Governor"

MPC members assert need to maintain accommodative stance: Minutes

MPC members assert need to maintain accommodative stance: Minutes

🕔07:37, 23.Feb 2021

Mumbai, Feb 23  The Reserve Bank’s Monetary Policy Committee members, in their recent meeting, expressed the need to continue with the accommodative stance to ensure that economic recovery gains greater traction and becomes broad-based. The minutes of the MPC meet

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Das urges policy action to keep petro products, industrial raw material prices under check

Das urges policy action to keep petro products, industrial raw material prices under check

🕔09:40, 6.Feb 2021

Mumbai, Feb 6  Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday put onus on both the Centre and states to ensure through concerted policy measures that current cost build in petroleum products and industrials raw materials does not

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Indian economy exhibited stronger pick up than expected: RBI Guv

Indian economy exhibited stronger pick up than expected: RBI Guv

🕔19:23, 26.Nov 2020

Mumbai, Nov 26  The Indian economy has exhibited stronger pick up in momentum of recovery than expected, said Reserve Bank of India Governor Shaktikanta Das on Thursday. Addressing the 4th Annual Day of Foreign Exchange Dealers’ Association of India (FEDAI),

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RBI becomes 1st central bank to have 1 mn followers on Twitter

RBI becomes 1st central bank to have 1 mn followers on Twitter

🕔10:58, 23.Nov 2020

Mumbai, Nov 23  The Reserve Bank of India’s (RBI) Twitter handle achieved 1 million followers on Sunday, turning it the first central bank in the world to achieve the feat. Taking to Twitter, RBI Governor, Shaktikanta Das wrote: “RBI Twitter

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RBI Guv tests positive of COVID-19, to work from isolation

RBI Guv tests positive of COVID-19, to work from isolation

🕔19:04, 25.Oct 2020

Mumbai, Oct 25  Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said that he has tested positive of novel coronavirus infection. Das, however, said that he is asymptomatic and is feeling alright. “I have tested COVID-19 positive. Asymptomatic.

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India at the doorstep of revival: RBI Governor

India at the doorstep of revival: RBI Governor

🕔06:57, 22.Oct 2020

New Delhi, Oct 22  Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that India is at the doorstep of a revival process from the ongoing pandemic. Speaking at an event, he said that it is very important

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Covid-impacted economy may see gradual recovery: RBI Guv

Covid-impacted economy may see gradual recovery: RBI Guv

🕔09:26, 17.Sep 2020

New Delhi, Sep 17  The recovery of the Indian economy reeling from the impact of the Covid-19 pandemic will be gradual, RBI Governor Shaktikanta Das said on Wednesday. Addressing the FICCI National Executive Committee Meeting, the central bank chief said

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Centre to receive Rs 57,128 cr from RBI as FY20 surplus

Centre to receive Rs 57,128 cr from RBI as FY20 surplus Updated

🕔07:28, 15.Aug 2020

Mumbai, Aug 15  The Reserve Bank of India (RBI) Board on Friday approved the transfer of Rs 57,128 crore surplus to the Central government for FY20. The decision was taken at the 584th meeting of the Central Board under the

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RBI Guv for farmers’ income growth, reasonable food prices

RBI Guv for farmers’ income growth, reasonable food prices

🕔07:09, 28.Jul 2020

New Delhi, July 28  Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that the country now requires policies to ensure a sustained increase in the income of farmers along with maintaining “reasonable’ food prices for the consumers.

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Extreme risk aversion to have adverse outcomes: RBI Guv

Extreme risk aversion to have adverse outcomes: RBI Guv

🕔21:00, 26.Jul 2020

New Delhi, July 26  As the economy reels under the pandemic and post lockdown woes, Reserve Bank of India (RBI) Governor Shaktikanta Das is of the view that extreme risk aversion by financial institutions will have adverse outcomes for all.

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Economy showing signs of getting back to normalcy : RBI Governor

Economy showing signs of getting back to normalcy : RBI Governor

🕔15:10, 11.Jul 2020

Mumbai, July 11 India’s economy is showing signs of getting back to normalcy, Reserve Bank of India Governor Shaktikanta Das said on Saturday. In a keynote address at the 7th SBI Banking and Economics Conclave, Das noted that medium term

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RBI hints at further cut in interest rate to counter corona risks

RBI hints at further cut in interest rate to counter corona risks

🕔15:43, 17.Apr 2020

New Delhi, April 17 The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19. Announcing

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SIDBI, NABARD, NHB get Rs 50,000 cr refinancing support from RBI

SIDBI, NABARD, NHB get Rs 50,000 cr refinancing support from RBI

🕔13:12, 17.Apr 2020

New Delhi, April 17 The Reserve Bank of India has turned its attention to meeting the funding requirements of NBFCs, MFIs and housing finance by providing special refinance facilities of Rs 50,000 crore to All India Financial Institutions (AIFIs) such as

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All-out efforts needed to protect Indian economy: RBI Guv

All-out efforts needed to protect Indian economy: RBI Guv

🕔14:45, 13.Apr 2020

Mumbai, April 13  Reserve Bank of India (RBI) Governor Shaktikanta Das is of the view that all-out effort is required to protect the domestic economy against the impact of the cornavirus crisis, according to the minutes of the last MPC

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Sitharaman lauds RBI rate cut, says need quick transmission

Sitharaman lauds RBI rate cut, says need quick transmission

🕔20:44, 27.Mar 2020

New Delhi, March 27  After the RBI Governor announced an emergency rate cut on Friday, Union Finance Minister Nirmala Sitharaman lauded the move and stressed the need for lower cost of retail loans and that reduced interest rate needs quick

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RBI cuts key lending rates to 4.40%; maintains accommodative stance

RBI cuts key lending rates to 4.40%; maintains accommodative stance

🕔10:39, 27.Mar 2020

Mumbai, March 27  The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the COVID-19 outbreak. Accordingly, the Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate

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Transmission rates improving, inflation spike factored in: RBI Guv

Transmission rates improving, inflation spike factored in: RBI Guv

🕔13:54, 15.Feb 2020

New Delhi, Feb 15  Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said the transmission of rate cuts was gradually and steadily improving and allayed any fears on the latest inflation spike to 7.59 per cent saying these

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RBI launches mobile app MANI for visually impaired

RBI launches mobile app MANI for visually impaired

🕔06:43, 2.Jan 2020

New Delhi, Jan 2 The Reserve Bank of India on Wednesday launched a unique mobile application for aiding visually impaired persons to identify the denomination of Indian bank notes. The application — Mobile Aided Note Identifier — was launched by RBI

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PMC mess: Inputs given on Act amendment: Das

PMC mess: Inputs given on Act amendment: Das

🕔13:21, 8.Nov 2019

New Delhi, Nov 8 RBI Governor Shaktikanta Das on Thursday said there is a forensic audit underway in PMC Bank and that it is closely monitoring the situation and has already given inputs for the proposed amendments in the Cooperative

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Next MPC meet may take call on lower repo rate: RBI chief

Next MPC meet may take call on lower repo rate: RBI chief

🕔06:37, 9.Oct 2019

Mumbai, Oct 9  RBI Governor Shaktikanta Das has said till the growth is revived, the RBI will continue to remain in an accommodative mode and therefore a conclusion on what is the minimum repo rate where the central bank will

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