Page 17 - Latest Updates on Shaktikanta Das
Need to avoid dominance of 1-2 directors on boards: RBI Governor Das
The RBI governor says directors in UCBs need to have expertise in various aspects of banking
 "Need to avoid dominance of 1-2 directors on boards: RBI Governor Das")
Dhanlaxmi Bank saga puts spotlight on independent directors on bank boards
Is Kalyanasundaram a whistleblower? Dhanlaxmi insiders are not too perturbed by his exit and say it is business as usual at the bank. That said, Dhanlaxmi has been in a prolonged patch of bad news
 "Dhanlaxmi Bank saga puts spotlight on independent directors on bank boards")
RBI to discontinue incremental cash reserve ratio in a phased manner
The amounts impounded under the I-CRR will be released in stages so that system liquidity is not subjected to sudden shocks and money markets function in an orderly fashion
 "RBI to discontinue incremental cash reserve ratio in a phased manner")
Thomas Cook, NPCI launch RuPay prepaid forex card for travellers to UAE
The Reserve Bank of India had in June allowed the banks to issue Rupay forex cards
 "Thomas Cook, NPCI launch RuPay prepaid forex card for travellers to UAE")
Top headlines: Delhi gears up for G20 Summit, Biden set to travel India
Business Standard brings you the top headlines at this hour
 "Top headlines: Delhi gears up for G20 Summit, Biden set to travel India")
Fintech companies need to set up self-regulatory body: RBI governor
He cautioned the fintechs that they should not get carried away with valuations and revenue but need to focus on customer satisfaction
 "Fintech companies need to set up self-regulatory body: RBI governor")
Inflation expected to moderate from September: RBI governor Shaktikanta Das
He said the monetary policy framework in India had evolved in line with developments in theory and country practices, the changing nature of the economy, and developments in financial markets
 "Inflation expected to moderate from September: RBI governor Shaktikanta Das")
RBI committed to bring down inflation to 4%: Governor Shaktikanta Das
The central bank has been mandated by the government to keep inflation at 4 per cent with a margin of 2 per cent on either side
 "RBI committed to bring down inflation to 4%: Governor Shaktikanta Das")
CBDC can fix cross-border payment problems: RBI Governor Shaktikanta Das
RBI governor flags issues of high cost, low speed, limited access
Inflation to start moderating from Sept onwards, says RBI Guv Das
Reserve Bank Governor Shaktikanta Das on Friday said the central bank expects inflation to moderate from September onwards
 "Inflation to start moderating from Sept onwards, says RBI Guv Das")
RBI Guv asks urban co-op banks for rigorous follow-up to recover bad loans
Das urged the Boards to be more proactive in asset liability management and the necessity of managing liquidity risk in a more systematic manner
 "RBI Guv asks urban co-op banks for rigorous follow-up to recover bad loans")
FSDC-SC commits to remain vigilant against any build-up in vulnerabilities
The vigilance extends particularly to potential repercussions stemming from global influences in a continuously evolving and unpredictable global landscape
 "FSDC-SC commits to remain vigilant against any build-up in vulnerabilities")
RBI guv Shaktikanta Das asks NBFCs to reduce reliance on bank borrowing
Cautions on risk with unsecured lending; Remain alert against complacency
 "RBI guv Shaktikanta Das asks NBFCs to reduce reliance on bank borrowing")
RBI governor Shaktikanta Das asks NBFCs to strengthen governance standards
The governor held a meeting with MD & CEOs of select large NBFCs. Government NBFCs and housing finance companies (HFCs) also participated in the meeting, the RBI said in a statement
Top headlines: Chandrayaan-3 on moon, vegetable prices to ease, and more
Business Standard brings you the top headlines at this hour
 "Top headlines: Chandrayaan-3 on moon, vegetable prices to ease, and more")
Chandrayaan-3 success historic, will boost space tech in India: RBI guv Das
"A little while ago, we all witnessed history being made when the chief of ISRO proudly announced that India is now on the moon," Das said while delivering the Lalit Doshi Memorial Lecture here
Vegetable prices might ease from September led by tomato: RBI Governor Das
"Will guard against second round effect of price rise"
Vegetable price inflation to decline from Sept, says RBI Governor Das
He said despite core inflation in the country remaining elevated, the steady easing seen in the last few months indicates that monetary policy transmission is happening
 "Vegetable price inflation to decline from Sept, says RBI Governor Das")
Directors' special: Why independent directors matter for bank boards
The hunt for independent directors may become more difficult as Mint Road turns the knob on bank boards, reports Raghu Mohan
 "Directors' special: Why independent directors matter for bank boards")
Weekend Bites: A week of pauses, pivots, profits, and big interviews
In which we munch over the week's platter of news and views
 "Weekend Bites: A week of pauses, pivots, profits, and big interviews")
