Page 14 - Latest Updates on Shaktikanta 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"
 "No plans to loosen rates, no complacency on inflation fight: RBI governor")
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
RBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%
RBI MPC: Reserve Bank's Monetary Policy Committee decides to keep the repo rate unchanged at 6.5% and also keeps the FY24 inflation forecast unchanged at 5.4%
 "RBI MPC: Repo rate kept unchanged at 6.5%, FY24 GDP estimate hiked to 7%")
RBI monetary policy announcement: When, where to watch and what to expect?
RBI MPC meeting: The meeting of the six-member committee started on December 6 in Mumbai and will end with the announcement of Governor Shaktikanta Das on December 8
 "RBI monetary policy announcement: When, where to watch and what to expect?")
On a hat-trick: Will RBI Governor Shaktikanta Das throw another surprise
RBI has maintained a hawkish tone in the last two policy reviews, and those steps were to further reinforce the point that the central bank is not dropping its guard on inflation any time soon
 "On a hat-trick: Will RBI Governor Shaktikanta Das throw another surprise")
India's GDP grew 7.6% in Jul-Sep quarter, higher than RBI MPC projection
At the Business Standard BFSI Summit last month, RBI Governor Shaktikanta Das said that the Q2 GDP figure is likely to surprise everyone on the upside
 "India's GDP grew 7.6% in Jul-Sep quarter, higher than RBI MPC projection")
Rein in enthusiasm to lend: FM Sitharaman to NBFCs, small finance banks
RBI Governor Shaktikanta Das on Wednesday said the central bank's tougher stance on unsecured loans is a "preemptive" move aimed at ensuring financial stability
 "Rein in enthusiasm to lend: FM Sitharaman to NBFCs, small finance banks")
NBFCs should remain cautious on lending as suggested by RBI, says FM
Speaking at 'DATE with Tech' event here, Sitharaman cautioned that NBFCs and small finance banks should respect the red line and should not go too far in their enthusiasm
 "NBFCs should remain cautious on lending as suggested by RBI, says FM")
Songs, cricket metaphors: RBI governor's way of conveying complex issues
Das has often cited the example of Arjuna's eye to communicate that the central bank is completely focused on bringing down inflation
 "Songs, cricket metaphors: RBI governor's way of conveying complex issues")
RBI Guv asks NBFC-MFIs to be wise in using flexibility on interest rates
Speaking at the annual Fibac event, Das said the microlending segment serves marginalised clientele and has emerged as an important financial conduit to foster financial inclusion
Rupee volatility low, exhibits orderly movements relative to peers: RBI Guv
He said this is courtesy the strength of the underlying macro-fundamentals of our economy and the reassuring forex buffers
 "Rupee volatility low, exhibits orderly movements relative to peers: RBI Guv")
Banks, NBFCs need to be watchful of stress building up: Shaktikanta Das
'Banks and NBFCs must continue to do stress tests of their books,' RBI Governor Shaktikanata Das said on Wednesday
Unsecured risk
Retail loan growth needed to be checked
 "Unsecured risk")
