Page 18 - Latest Updates on Shaktikanta Das
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")
RBI Governor Das pitches for expeditious completion of quota review at IMF
According to him, there is also an urgent need to enhance green capital flows especially to emerging countries
Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%
CLOSING BELL ON AUGUST 10, 2023: Private bank and select auto stocks ended with notable losses after the RBI on Thursday asked banks to maintain Incremental Cash Reserve Ratio (ICRR) at 10 per cent.
 "Sensex ends 308 pts lower post RBI policy, Nifty near 19,550; Zee zooms 20%")
May need to go beyond keeping Arjuna's eye to tame inflation: RBI governor
"We have to stand in readiness to go beyond keeping Arjuna's eye to deploying policy instruments, if necessary" to contain inflation, said Reserve Bank Governor Shaktikanta Das on Thursday.
 "May need to go beyond keeping Arjuna's eye to tame inflation: RBI governor")
Incremental CRR to suck out liquidity of over Rs 1 trn: RBI governor Das
During the RBI MPC announcement, Shaktikanta Das had said that I-CRR is intended to absorb the surplus liquidity generated by various factors, including the return of Rs 2,000 notes to the banks
 "Incremental CRR to suck out liquidity of over Rs 1 trn: RBI governor Das")
RBI press conference LIVE: Currency circulation will pick up soon, says Guv
RBI MPC Meeting Live Updates: Governor Shaktikanta Das begins policy statement, catch all the latest updates here
 "RBI press conference LIVE: Currency circulation will pick up soon, says Guv")
You may soon be able to make UPI payments by talking or just tapping phone
RBI governor Shaktikanta Das in the MPC decision announcement on Thursday, proposed to enable 'conversational' payments on UPI using AI
 "You may soon be able to make UPI payments by talking or just tapping phone")
RBI retains FY24 GDP forecast at 6.5%, raises inflation projection to 5.4%
"Headwinds from weak global demand, volatility in global financial markets, geopolitical tensions and geoeconomic fragmentation, however, pose risks to the outlook," Das said
 "RBI retains FY24 GDP forecast at 6.5%, raises inflation projection to 5.4%")
RBI Policy: With unanimous vote, MPC keeps repo rate unchanged at 6.5%
RBI policy meet: Shaktikanta Das also announced a revised retail inflation projection for FY24 at 5.4 per cent from 5.1 per cent earlier
RBI likely to keep rate and policy stance unchanged to control inflation
The RBI is likely to retain its "withdrawal of accommodation" stance introduced in April last year, according to 19 of 20 economists who shared their forecast on the stance
 "RBI likely to keep rate and policy stance unchanged to control inflation")