Kochi, March 18 (IANS) Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country’s banking system, while stressing how recent developments in the US have brought to the fore the criticality of banking sector regulation
New Delhi, March 17 (IANS) Prime Minister Narendra Modi on Thursday congratulated Reserve Bank of India (RBI) Governor Shaktikanta Das on being conferred with the ‘Governor of the Year’ award for 2023 by international journal ‘Central Banking’. Das was conferred with
Chennai, Feb 8 (IANS) An individual client — Adani Group — will not bring down the Indian banking system as the country’s banking sector is resilient and strong, Reserve Bank of India (RBI) Governor Shaktikanta Das said. Queried about the Indian
New Delhi, Jan 28 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the current account deficit is “eminently manageable” and within the parameters of viability. He also emphasised that in the current hostile and uncertain international
New Delhi, Jan 18 (IANS) Former RBI Governor Raghuram Rajan has advised that India should leverage it’s G20 presidency to seek greater openness towards service exports. In a television interview during the ongoing World Economic Forum (WEF) meeting at Davos, Rajan
New Delhi, Jan 5 (IANS) Complaints received by the RBI relating to digital modes of payment and transactions were the highest in 2021-22, constituting 42.12 per cent of the total complaints received during the fiscal. The volume of complaints received under
New Delhi, Jan 3 (IANS) The State Bank of India, ICICI Bank and HDFC Bank continue to be identified as “Domestic Systemically Important Banks (D-SIBs)”, according to the Reserve Bank of India (RBI). SIBs are those financial institutions which are too
New Delhi, Jan 2 (IANS) Noting that there is turmoil in crypto assets market, the Reserve Bank of India (RBI) has suggested a framework for international regulation of such crypto activities. In it’s financial stability report, which released on December 29,
New Delhi, Dec 21 (IANS) As millions of investors face uncertainty in global crypto meltdown, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that the next financial crisis will come from crypto collapse if private digital coins
Chennai, Dec 7 (IANS) The Reserve Bank of India (RBI) has decided to enhance the mandates of United Payment Interface (UPI), expand the scope of Bharat Bill Payment System (BBPS) and ensure privacy of people in the case of digital currency
New Delhi, Dec 6 (IANS) In what could be a major step towards reforming the Reserve Bank of India (RBI), a report prepared by the Parliamentary Standing Committee on Finance is learnt to have suggested a six-year term for the central
New Delhi, Nov 29 (IANS) The Reserve Bank of India’s (RBI) first pilot project for retail digital Rupee (ea,-R) would be launched on December 1, 2022. The pilot would cover select locations in closed user group (CUG) comprising participating customers and
New Delhi, Nov 28 (IANS) The Reserve Bank of India (RBI), during the last meeting of its monetary policy committee (MPC) on September 30, had hiked repo rates by 50 basis points for the fourth consecutive time since May. The aim
New Delhi, Nov 17 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that despite challenges, the Indian banking sector has been resilient and improved in various performance parameters. At the same time though, he asked public as
New Delhi, Nov 2 (IANS) With the rupee witnessing a downward spiral for the past several weeks, even crossing the 83 mark against the US dollar, RBI Governor Shaktikanta Das on Wednesday said that the Indian currency has behaved in an
New Delhi, Oct 29 (IANS) Reserve Bank of India’s ombudsmen should ensure that consumer complaints are resolved quickly and in a fair manner, RBI Governor Shaktikanta Das said on Friday. Adressing the Annual Conference of RBI Ombudsmen in Jodhpur, he said
Mumbai, Oct 7 (IANS) The Reserve Bank of India (RBI) on Thursday has directed all the credit information companies to appoint an internal ombudsman by April 1, 2023. The RBI, in its Statement of Developmental and Regulatory Policies, on August 5,
Chennai, Sep 30 (IANS) The Reserve Bank of India (RBI) does not have any does not have any fixed dollar-rupee exchange rate and its market interventions are to curb excessive volatility, said Governor Shaktikanta Das. He also said the aspect of
Chennai, Sep 30 (IANS) As expected earlier, the Reserve Bank of India’s Monetary Policy Committee (MPC) in a 5:1 decision increased the repo rate by 50 basis points to 5.90 on Friday. The RBI Governor Shaktikanta Das, heading the MPC, announced
New Delhi, Sep 16 (IANS) With inflation remaining beyond the RBI’s tolerance level of 6 per cent for the past eight months, the central bank has noted that this underscores the need for the monetary policy to keep second order effects
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