Page 14 - Latest Updates on Shaktikanta Das
'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
 "'Don't think world can afford cryptomania', says RBI Guv Shaktikanta Das")
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
 "RBI's twin meetings with banks usher in new era of governance, compliance")
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")
Monetary policy review: Reversal of SDF, MSF on weekends from Dec 30
Market analysts said that the RBI's persistent focus on addressing the uneven distribution of liquidity in the banking system led them to the adoption of measure
 "Monetary policy review: Reversal of SDF, MSF on weekends from Dec 30")
Address me just as governor, drop honourable prefix, says Shaktikanta Das
The remarks from the career bureaucrat-turned-central banker come a day after Prime Minister Narendra Modi requested all to desist from addressing him with the Ji suffix
 "Address me just as governor, drop honourable prefix, says Shaktikanta Das")
RBI to unveil regulatory framework for web aggregators of loan products
Move aimed at increasing transparency and improving lending practices
 "RBI to unveil regulatory framework for web aggregators of loan products")
No plans to loosen rates, no complacency on inflation fight: RBI governor
Das said, "The primary objective of the monetary policy, as prescribed in the law, is ensuring price stability that's by maintaining inflation at 4% target for a durable time"
RBI MPC meet highlights: Inflation is our top priority, says Guv Das
RBI monetary policy: The RBI also decided to maintain its policy stance at "withdrawal of accommodation"
No plans to loosen rates, inflation top priority: RBI Guv Shaktikanta Das
The Governor said it is very difficult to give a forward guidance on the policy, terming the future as very fickle where any shock can hit any economy
 "No plans to loosen rates, inflation top priority: RBI Guv Shaktikanta Das")
RBI allows liquidity reversal for banks on weekends, holidays from Dec 30
The Reserve Bank of India (RBI) governor Shaktikanta Das said that the move will come into effect on December 30
RBI to establish cloud facility for financial sector to secure data privacy
Focusing on digital banking, the RBI announced a regulatory framework for web-aggregation of loan products and proposed the establishment of a fintech repository by April 2024
RBI monetary policy: 5 key announcements from the governor's speech today
RBI monetary policy: Central bank raised the UPI payment limits for hospitals and educational institutions to Rs 5 lakh from Rs 1 lakh per transaction