Wed, Nov 22, 2023
Addressing the annual FIBAC event, Das said the RBI excluded certain sections like loans for house and vehicle purchase, and also the ones availed by small businesses, because of the advantage on the growth front they have.
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RBI Governor Shaktikanta Das reiterated that the top priority of the Monetary Policy Committee (MPC) priority is inflation over growth and to drain out excess liquidity from the system.
Tue, Oct 31, 2023
The governor said rates in advanced countries and other international factors are taken into consideration while formulating the monetary policy, but was quick to add that eventually the monetary policy is driven by domestic factors of inflation and growth.
Fri, Oct 20, 2023
Acknowledging the potential conflict between price and financial stability, Das emphasized the necessity of striking a delicate balance, as both stability aspects mutually reinforce each other in the medium to long term.
Fri, Oct 06, 2023
RBI MPC Meeting Live Updates, RBI Monetary policy repo rate: Catch latest updates on the RBI policy, market expectations, expert views, real-time analysis, and much more, only on the Zeebiz.com blog.
Fri, Sep 01, 2023
Reserve Bank of India Governor Shaktikanta Das has been rated 'A+' in the Global Finance Central Banker Report Cards 2023. Das has been placed at the top of the list of three central bank governors who have been rated A+.
Thu, Aug 24, 2023
Inflation increased due to increase in prices of vegetables in July, there will be relief in inflation from September: Shaktikanta Das, RBI Governor
Thu, Aug 10, 2023
RBI MPC Meeting: Reserve Bank Governor Shaktikanta Das on Thursday said the move to impose a 10 per cent incremental cash reserve ratio for a limited period will help suck out Rs 1 lakh crore of excess liquidity from the system.
RBI MPC policy meet: The central bank last increased the repo rate to 6.50 per cent in December last year. The RBI hasn't hiked it in its last three meetings.
RBI MPC Meeting HIGHLIGHTS: RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on August 10 announced a pause on the repo rate — or the key interest rate at which the RBI lends money to commercial banks, in line with economists' expectations. Catch highlights of the August MPC review and expert views — and much more — only on Zeebiz.com's blog.
Tue, Jun 13, 2023
In remarks that came a day after official data suggested a cool-down in headline inflation to 4.25 per cent for May,
Tue, Jun 06, 2023
RBI MPC Meeting HIGHLIGHTS: RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) announced its decision to leave the repo rate — the key interest rate at which the RBI lends money to commercial banks — unchanged at the existing 6.5 per cent on June 8. The RBI Governor said inflation appears to be easing but continues to be above the central bank's target. The status quo on the key lending rate as well as the policy stance comes days after official data showed India's GDP expanded 6.1 per cent in the March quarter. Catch latest updates on the RBI policy, market expectations, expert views, real-time analysis and much more on the RBI policy review, only on Zeebiz.com's blog.
Fri, Jun 02, 2023
Nowadays, a lot of sweetener is being used in the market in the name of no sugar, due to artificial sweetener, anyone can be at risk of developing many diseases. FSSAI will soon clamp down on artificial sweeteners
Tue, May 30, 2023
RBI has expressed concern over the banks. RBI said that even after issuing the guidelines, glitches are being found in the corporate governance of banks.
In this video, we will give you information about US Debt Ceiling and its important issues. We'll talk about what could happen tomorrow on the debt ceiling deal and what it could mean. We will talk about how the US market can be affected and why the RBI governor is worried about the banks.
RBI Annual Report 2022-23: The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved at Rs 30,252 crore, showed a Reserve Bank data released on Tuesday.
The Reserve Bank's annual report flagged slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility as possible downside risks to growth.
RBI Governor Shaktikanta Das has said the central bank has come across instances of some banks trying to conceal the real status of their stressed assets and governance issues at certain lenders. He was addressing a conference with directors of private sector lenders in Mumbai. Here are some key takeaways:
Wed, May 24, 2023
India's gross domestic product growth could be above 7% for 2022-23, the RBI governor said on Wednesday, adding that such an outcome, if realised, should not come as a surprise.
RBI Governor Shaktikanta Das said in CII's program, ''Change in interest rates is not in our control. According to the situation, the MPC decides on the rates. India's share in global growth is possible at 15% in the current year. Economic growth is more than 7% possible in FY23.''
Mon, May 22, 2023
The Reserve Bank of India announced the withdrawal of its highest value currency note, Rs 2,000, from circulation, adding that the notes will continue to be legal tender. It said the existing Rs 2,000 notes can be deposited or exchanged in banks until September 30, but set a limit of “Rs 20,000 at a time”.
Will 1000 rupee notes come back in the market? Why did RBI decide to withdraw ₹2000 notes? What does it mean for the Rs 2000 notes to remain legal tender? How will it affect economic activity? Know from RBI Governor Shaktikanta Das.
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