Page 15 - Latest Updates on Shaktikanta Das
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
 "RBI Guv asks NBFC-MFIs to be wise in using flexibility on interest rates")
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")
RBI remains watchful, monetary policy actively disinflationary: Das
Das said the Monetary Policy Committee (MPC) in its October meeting projected CPI inflation at 5.4 per cent for 2023-24, a moderation from 6.7 per cent in 2022-23
 "RBI remains watchful, monetary policy actively disinflationary: Das")
India vulnerable to recurring, overlapping food price shocks: RBI Guv Das
India's retail inflation eased to a three-month low of 5.02 per cent in September on the back of softer vegetable prices, but remained above the RBI's 4 per cent target
 "India vulnerable to recurring, overlapping food price shocks: RBI Guv Das")
HDFC Bank on hiring spree to fuel biz growth and tackle attrition head-on
Bank has hired over 56K since March 2022; focus on reining in attrition, women re-hiring
 "HDFC Bank on hiring spree to fuel biz growth and tackle attrition head-on")
Rupee, government bond gain post favorable US non-farm payroll data
The central bank had not given any timeline for OMO sales and said it will depend on the ongoing liquidity situation
 "Rupee, government bond gain post favorable US non-farm payroll data")
Let bankers play like Rahul Dravid
RBI Governor Shaktikanta Das's message to the financial sector
 "Let bankers play like Rahul Dravid")
Best of BS Opinion: Vote of confidence, engagement discontent & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Vote of confidence, engagement discontent & more")
RBI may hold fire even if Fed hikes rates twice: CEA V Anantha Nageswaran
RBI Governor Shaktikanta Das recently said at the Business Standard's BFSI Insight Summit domestic factors determined India's monetary policy
 "RBI may hold fire even if Fed hikes rates twice: CEA V Anantha Nageswaran")
Vote of confidence
RBI has done well, but new external challenges can emerge
 "Vote of confidence")
Attrition high in private banks, they need to build core team: RBI's Das
Indian banking system and NBFC sectors at the moment are healthy and robust, said Das
 "Attrition high in private banks, they need to build core team: RBI's Das")
BS BFSI Summit: Q2 GDP numbers likely to surprise on upside, says RBI's Das
Inflation is priority at the moment; India well placed compared to other countries to deal with global risks, says Reserve Bank of India Governor Shaktikanta Das
India's Q2 GDP number will surprise on the upside: RBI governor Das
BS BFSI Insight Summit 2023: Shaktikanta Das said India is better placed as compared to other countries to deal with risky geopolitical situations
 "India's Q2 GDP number will surprise on the upside: RBI governor Das")
BS BFSI Summit: From Shaktikanta Das to K V Kamath, here're key speakers
Shaktikanta Das, Debasish Panda, K Rajaraman, and K V Kamath: Meet the key speakers of BS BFSI Summit 2023
 "BS BFSI Summit: From Shaktikanta Das to K V Kamath, here're key speakers")
Save the date: It's time for India's biggest BFSI Summit of the year
RBI Governor Shaktikanta Das could speak about the central bank's constant vigil on inflation and the way forward
 "Save the date: It's time for India's biggest BFSI Summit of the year")
CBDC pilot projects show promising results: RBI governor Shaktikanta Das
Furthermore, Das said that the ongoing conflict in Ukraine has significantly influenced the central bank's recent strategies in combating inflation
Top-flight PSB boards needed for resilience
Asset quality of lenders has improved, but financial resilience in a system is best built in good times. It is time for the RBI to press the governance accelerator
 "Top-flight PSB boards needed for resilience")