Page 13 - Latest Updates on Shaktikanta Das
Economy likely to grow 7% in 2024-25, inflation to ease further: RBI Guv
He also credited the government for structural reforms undertaken in recent years, saying they have boosted the medium and long-term growth prospects of the Indian economy
 "Economy likely to grow 7% in 2024-25, inflation to ease further: RBI Guv")
Inflation moderating, steadily moving towards 4% target: RBI governor Das
After increasing the key policy rates by 250 basis points to 6.5 per cent between May 2022 and February 2023, the central bank paused in the next five policy review meetings
 "Inflation moderating, steadily moving towards 4% target: RBI governor Das")
India's growth prospects firm, banking sector recovered well: Das at Davos
Speaking at WEF in Davos, Guv Das said there is a lot of international confidence in India and the macroeconomic and financial sector stability that the country offers
 "India's growth prospects firm, banking sector recovered well: Das at Davos")
Indian rupee can become a winner only if RBI loosens its grip on currency
"The Reserve Bank of India will let the rupee appreciate only gradually," said Dhiraj Nim, economist and forex strategist at Australia & New Zealand Banking Group
 "Indian rupee can become a winner only if RBI loosens its grip on currency")
World Economic Forum: Davos-bound squad aims to turn spotlight on India
Top honchos from India Inc, finance, govt heading to the World Economic Forum
 "World Economic Forum: Davos-bound squad aims to turn spotlight on India")
Delays in IBC erode value of assets, says RBI governor Shaktikanta Das
Das says cybersecurity threat remains a major challenge
 "Delays in IBC erode value of assets, says RBI governor Shaktikanta Das")
Learnings from IBC suggest need for 'some course correction': RBI chief Das
The IBC, which came into force in 2016, is a key legislation aimed at resolving stressed in a time-bound and market-linked manner
 "Learnings from IBC suggest need for 'some course correction': RBI chief Das")
UPI best payments system, RBI not averse to having rival of NPCI: Das
Reserve Bank Governor Shaktikanta Das on Thursday dismissed criticism from certain quarters that after the huge success of UPI and asserted that there is more room for the payment app to grow
 "UPI best payments system, RBI not averse to having rival of NPCI: Das")
Cybersecurity threat to banking system a major challenge: RBI Governor
Regulator has dedicated team to check IT systems of banks and NBFCs, says Shaktikanta Das
 "Cybersecurity threat to banking system a major challenge: RBI Governor")
'Don't think world can afford cryptomania', says RBI Guv Shaktikanta Das
'I don't think the world or emerging markets can take a cryptomania like the Tulipmania, said the RBI Governor at Mint's BFSI Summit
From Chennai to Davos, it's a flying start for India Inc in New Year
Vibrant Gujarat, which is celebrating 20 years, is hoping to forge a record number of memorandum of understanding this year, surpassing its previous best of 28,360 signed in 2019
 "From Chennai to Davos, it's a flying start for India Inc in New Year")
The big change at RBI
Bankers say Das' stint has been a refreshing change. "After a long time, we have a governor who is approachable. I can say that because the RBI's interactions with us are now much better,"
 "The big change at RBI")
RBI stays vigilant, committed to early, decisive action: Governor Das
He stated that the recent implementation of macroprudential measures, aimed specifically at tempering lenders' enthusiasm in certain segments of retail loans
 "RBI stays vigilant, committed to early, decisive action: Governor Das")
Banks bid 2.5 times at Rs 4.75 trn against notified amount at VRR auction
Bids totaling 2.7 times the notified amount were received at VRR auction on December 15
 "Banks bid 2.5 times at Rs 4.75 trn against notified amount at VRR auction")
RBI board discusses prevailing economic, financial scenario at 605th meet
The 605th meeting of the Central Board of Directors of Reserve Bank of India was held today in Ekta Nagar (Kevadia) under the Chairmanship of Governor Shaktikanta Das.
 "RBI board discusses prevailing economic, financial scenario at 605th meet")
RBI's twin meetings with banks usher in new era of governance, compliance
Governance and business models of regulated entities came in for special attention of the central bank this year, reports Raghu Mohan
Das' final frontier: To bring down inflation to 4% before his term ends
During his five-year tenure, the banking sector has become resilient, improving profitability and maintaining healthy capital
 "Das' final frontier: To bring down inflation to 4% before his term ends")
MPC review: RBI's foreign exchange risk move may not hit rupee for now
Rupee may not see any immediate impact: Market players
 "MPC review: RBI's foreign exchange risk move may not hit rupee for now")
India's foreign exchange reserves cross $600 billion after four months
'We remain confident of meeting our external financing requirements comfortably," Das said
 "India's foreign exchange reserves cross $600 billion after four months")
Over-tightening not an imminent change in our approach: RBI governor Das
Inflation remains a top priority, and a few months of good data should not lead to complacency: Das
 "Over-tightening not an imminent change in our approach: RBI governor Das")
