Page 6 of Shaktikanta Das

Rs 2000 note, currency, currency circulation, legal tender, RBI Governor, RBI, Shaktikanta Das, currency cleaning, excahnge

Purpose of Rs 2000 notes fulfilled, was to quickly replenish old Rs 500, Rs 1000 notes, says RBI Guv Das

“Rs 2,000 notes were primarily introduced to quickly replenish earlier Rs 500 and Rs 1,000 notes,” RBI Governor Shaktikanta Das…

May 22, 2023 11:38 IST

Cooling of CPI very satisfying: Shaktikanta Das

CPI inflation eased to 4.7% in April from 5.7% in March, the latest data showed.

May 13, 2023 13:49 IST

RBI MPC, RBI, repo rate, interest rate, inflation, shaktikanta das, GDP, growth

Indian banking system remained resilient, not adversely impacted by recent global events: Shaktikanta Das

Speaking at a global conference on financial resilience organised by RBI-promoted College of Supervisors here, Das said, “the Indian banking…

Updated: April 27, 2023 13:01 IST

Cumulative impact of MPC actions still unfolding: Shaktikanta Das

The six-member MPC unanimously decided to keep the policy repo rate unchanged at 6.50%.

April 21, 2023 01:15 IST

RBI Governor to meet board members of PSU banks to address governance, ethics issues on May 22

Besides the governor, the RBI communication sent to all public sector banks said, deputy governors, executive directors from its Department…

April 20, 2023 21:42 IST

inflation, employment, households, RBI, Shaktikanta Das, economic situation, consumer confidence, household income, manufacturing sector

Indian households expect inflation to cool, employment situation to improve, RBI surveys find

The surveys probably helped the RBI leaving its benchmark interest rate unchanged on Thursday after six increases since last May,…

April 7, 2023 11:04 IST

RBI, Shaktikanta Das, governance gaps, assets misreporting, corporate governance, banking sector

Dead bat on a tricky pitch

The Monetary Policy Committee (MPC) unanimously voted to keep the repurchase rate at 6.50%.

April 7, 2023 05:30 IST

We never coupled with US Fed action: Shaktikanta Das

RBI seeing interest from governments and regulators on rupee trade, says deputy governor T Rabi Sankar

April 7, 2023 05:15 IST

This is a pause, not a pivot: RBI Governor Shaktikanta Das on surprise hold in key rates

The rate-setting Monetary Policy Committee (MPC) will act on the rates as and when necessary, Das said.

Updated: April 6, 2023 14:09 IST

RBI, RBI MPC, RBI governor, Shaktikanta Das, IFSC Banking Unit, GIFT City, NDFs, transactions, foreign currency, investors

India seeks to deepen foreign exchange market with onshore NDFs

Local lenders with a so-called IFSC Banking Unit — basically having a unit in the International Financial Services Centre currently…

April 6, 2023 12:39 IST

RBI, RBI governor, Shaktikanta Das, repo rate, RBI monetary policy, UPI, credit line, digital payment, deposit accounts, loan, RuPay, cross-border payments, NPCI

Now, bank loans through UPI: RBI proposes to allow pre-sanctioned credit lines at banks

“It is now proposed to expand the scope of UPI by enabling transfer to / from pre-sanctioned credit lines at…

April 6, 2023 12:02 IST

CAD to remain moderate, eminently manageable: RBI Governor Shaktikanta Das

The CAD for the first three quarters of 2022-23 stood at 2.7 per cent of GDP.

Updated: April 6, 2023 11:51 IST

RBI’s MPC meet starts amid expectations of yet another rate hike

Reserve Bank Governor Shaktikanta Das-headed Monetary Policy Committee during its three-day meeting (April 3, 5 and 6) will take into…

Updated: April 3, 2023 15:09 IST

Over to the RBI

While the Fed has left everyone guessing on future rate hikes, India’s central bank should opt for a pause

March 24, 2023 04:30 IST

New age firms unwilling to comply with rules at times: Shaktikanta Das

The RBI had directed PSOs to implement an ODR system for disputes and grievances related to failed transactions in their…

March 19, 2023 03:15 IST

rbi, shaktikanta das, reserve bank of india, upi, digital payments, merchant payments, p2m, 75 digital village

India needs to internationalise payment products: RBI Guv Das

QR code-based merchant payments through UPI apps are already enabled in Bhutan, Singapore and the UAE.

March 18, 2023 21:24 IST

RBI, RBI news, RBI latest news, Reserve Bank of India, Shaktikanta Das, banking, banking news

RBI Governor Shaktikanta Das cautions banks against any build-up of asset-liability mismatches

Delivering the annual KP Hormis (Federal Bank founder) commemorative lecture in Kochi this evening, the governor was quick to acknowledge…

Updated: March 17, 2023 19:07 IST

RBI, monetary policy, minutes of meeting, inflation, repo rate, CPI inflation, inflation rate, Shaktikanta Das, RBI governor, commodity price outlook, GDP growth, foreign exchange reserves

MPC minutes show RBI not wavering from inflation target; Guv says tapered hike provide space for future action

RBI Governor Shaktikanta Das said, “Tapered rate increase of 25 bps provides space to calibrate future monetary policy actions.”

February 22, 2023 19:42 IST

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