Page 12 - Latest Updates on Shaktikanta Das
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
 "RBI MPC: Repo rate kept at 6.5%; Q4FY24 inflation forecast lowered to 5%")
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?")
RBI MPC today: When, where to watch address of Guv Das and what to expect
RBI monetary policy time: The MPC decision will be announced by Shaktikanta Das at 10 am on Thursday
 "RBI MPC today: When, where to watch address of Guv Das and what to expect")
Mutual funds knock RBI door for hike in foreign investment limits
Proposals shared include linking MFs' foreign investment limit to forex reserves
 "Mutual funds knock RBI door for hike in foreign investment limits")
RBI likely to hold rates for a sixth straight meet; statement in focus
Market participants are also hoping for some relief from the RBI on the liquidity front with the system deficit having hit a record high in January
 "RBI likely to hold rates for a sixth straight meet; statement in focus")
RBI Monetary Policy Committee meet: Check date, time and what to expect
RBI MPC: In a poll conducted by Business Standard, all 10 respondents said that the MPC might maintain the status quo for a sixth consecutive time
RBI may continue status-quo on short-term lending rate, say experts
RBI Governor-headed Monetary Policy Committee (MPC) will start its three-day deliberations on February 6. Governor Shaktikanta Das will announce the decision of the six-member panel on February 8
Unanimity among current RBI monetary policy committee's internal members
The first MPC formulated policies between October 2016 and August 2020. The second MPC, with three new external members, was established in October 2020
 "Unanimity among current RBI monetary policy committee's internal members")
French Prez Macron, PM Modi likely to use UPI at Hawa Mahal in Jaipur
At Hawa Mahal, both leaders will shop at local shops, and transactions are likely to be done through UPI
 "French Prez Macron, PM Modi likely to use UPI at Hawa Mahal in Jaipur")
RBI governor Shaktikanta Das cautions against exuberance in lending
Das said the central bank had not mandated any number on credit deposit ratio, and neither do they propose to
LIVE: 12 students on picnic die as boat overturns in lake near Vadodara
Catch all the latest updates LIVE from across the globe here
 "LIVE: 12 students on picnic die as boat overturns in lake near Vadodara")
Monetary policy has to remain actively disinflationary: Shaktikanta Das
Das said he expects January inflation to moderate and the trend has been moderating but unless inflation reaches 4 per cent on a durable basis
CPI inflation to average 4.5% in FY25, growth to top 7%: RBI Governor
Observing that headline inflation substantially eased from the elevated level seen in the summer of 2022, Das said price momentum was easing across core goods and services
 "CPI inflation to average 4.5% in FY25, growth to top 7%: RBI Governor")
