Page 12 - Latest Updates on Shaktikanta Das
Govt appoints non-executive chairmen in Bank of India, IOB, Uco Bank
Ex-LIC head MR Kumar appointed as non-exec chairman of Bank of India
 "Govt appoints non-executive chairmen in Bank of India, IOB, Uco Bank")
FSDC meet discusses ways for simplification, digitisation of KYC process
Take more steps to curb illegal lending apps: FM
 "FSDC meet discusses ways for simplification, digitisation of KYC process")
Indian banks' rush for clients set for reckoning after Paytm fiasco
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank
 "Indian banks' rush for clients set for reckoning after Paytm fiasco")
Green capital flows into emerging mkts must be bolstered: RBI governor
Vigilant in navigating final stretch of disinflation: Das
 "Green capital flows into emerging mkts must be bolstered: RBI governor")
RBI Governor asks bank CEOs to maintain vigil around risks build-up
Das also highlighted the issue of high growth in personal loans, which has been an outlier among other categories. He also talked about banks' exposure to non-banking finance companies
 "RBI Governor asks bank CEOs to maintain vigil around risks build-up")
No review of action on Paytm Payments Bank: RBI governor Shaktikanta Das
RBI governor says decision follows full evaluation of the firm's ops
 "No review of action on Paytm Payments Bank: RBI governor Shaktikanta Das")
RBI Guv rules out possibility of review in action taken against Paytm PB
The governor said any decision against entities regulated by the RBI is taken after a comprehensive assessment
FM Nirmala Sitharaman addresses Reserve Bank of India board of directors
The Board also reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and global financial market volatility
 "FM Nirmala Sitharaman addresses Reserve Bank of India board of directors")
RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report
NPCI oversees the United Payments Interface payments, and NHAI operates the FASTag service
 "RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report")
Monetary policy: RBI dashes early rate-cut hopes, maintains status quo
RBI says lending rates not hiked enough
 "Monetary policy: RBI dashes early rate-cut hopes, maintains status quo")
Monetary policy: New rules for verification of digital payments on cards
Central bank also suggested streamlining of AePS to address frauds
 "Monetary policy: New rules for verification of digital payments on cards")
RBI policy: Stance in terms of rates, transmission incomplete, says Das
Das had clarified the RBI would try to keep liquidity at a level wherein the overnight call rate, the operating target of the monetary policy, remained around the repo rate
 "RBI policy: Stance in terms of rates, transmission incomplete, says Das")
Have to remain vigilant about incoming data and outlook, says RBI
RBI governor Shaktikanta Das responded to a range of issues during the post policy media interaction
 "Have to remain vigilant about incoming data and outlook, says RBI")
A pragmatic policy
Growth prospects are robust domestically. Key drivers on the demand side, household consumption will improve further, while prospects of fixed investment remain bright
 "A pragmatic policy")
RBI MPC: Repo rate kept at 6.5%; Q4FY24 inflation forecast lowered to 5%
RBI policy meet: The RBI MPC has also decided to keep its stance of 'withdrawal of accommodation' unchanged
PPBL crisis: We give enough time to comply with rules, says RBI Governor
Paytm Payments Bank crisis: Das said, 'The RBI is and will continue to encourage and support innovation and technology in the financial sector'
 "PPBL crisis: We give enough time to comply with rules, says RBI Governor")
RBI press conference LIVE: It is supervisory action on Paytm, says Guv Das
RBI MPC Meeting Live Updates: RBI's MPC which began on February 6 has concluded today. The Central bank's MPC has decided to keep the repo rate unchanged at 6.5%. Catch all updates here
 "RBI press conference LIVE: It is supervisory action on Paytm, says Guv Das")
RBI to introduce offline digital rupee transactions soon: Governor Das
RBI launched a pilot of the retail CBDC in December 2022 and achieved the target of having 1 million transactions a day in December 2023
 "RBI to introduce offline digital rupee transactions soon: Governor Das")
RBI holds policy rates, stance unchanged over inflation concerns
'Imperative for monetary policy to actively pursue disinflation to anchor inflation expectations,' says Shaktikanta Das
 "RBI holds policy rates, stance unchanged over inflation concerns")
RBI keeps repo rate unchanged at 6.5%: What should borrowers do?
Home loan rates are already lower compared to 2023 levels where they had started touching 9 per cent. The lowest home loan rates today are in the 8.30 range
 "RBI keeps repo rate unchanged at 6.5%: What should borrowers do?")