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, 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) is part of the G20 Finance Track, where Finance Ministers, Central Bank Governors of constituent nations discuss global economic, fiscal, and other issues, Governor Shaktikanta Das said on Wednesday. Queried about
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, 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
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 6 (IANS) Despite extreme volatility in global stock markets, especially after US Federal Reserve chairman Jerome Powell’s Jackson Hole symposium remarks last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday that the Indian rupee
New Delhi, July 10 (IANS) The inflation in India is expected to ease in a gradual manner in the second half of FY23, said Shaktikanta Das, Governor, Reserve Bank of India (RBI) on Saturday. Speaking at the Kautilya Economic Conclave, organised
A further reduction of state value added taxes on petrol and diesel across the country would certainly contribute to softening of the inflationary pressures as well as the inflationary expectations, said the Reserve Bank of India Governor Shaktikanta Das on
Reserve Bank of India Governor Shaktikanta Das, while estimating India’s overall retail inflation for FY23 at 6.7 per cent, said that the 75 per cent of the increase in inflation projections can be attributed to the food group. New Delhi,
The Reserve Bank of India has raised the repo rate by 50 basis points to 4.9 per cent, Governor Shaktikanta Das said on Wednesday, adding that inflation was likely to remain above the upper tolerance level for three quarters of
Mumbai, April 8 (IANS) The Reserve Bank of India (RBI) on Friday raised India’s retail inflation rate projection for FY23. Accordingly, inflation projection for 2022-23 has been raised to 5.7 per cent from an earlier estimation of 4.5 per cent In
Mumbai, April 8 (IANS) The Reserve Bank of India (RBI) on Friday retained its key lending rate during the first monetary policy review of FY23. Besides, the growth-oriented accommodative stance was also retained. Accordingly, the Monetary Policy Committee (MPC) of the
Mumbai, April 8 (IANS) Reserve Bank of India on Friday lowered India’s FY23 GDP growth projection to 7.2 per cent from an earlier estimation of 7.8 per cent. In a statement after the Monetary Policy Committee’s bi-monthly meet, RBI Governor Shaktikanta
Mumbai, Feb 10 (IANS) India’s GDP is expected to grow at 7.8 per cent in FY2022-23, said RBI Governor Shaktikanta Das on Thursday. In a statement after the Monetary Policy Committee’s bi-monthly meet, Das said the real GDP growth is projected
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