Page 2 - Latest Updates on Shaktikanta Das
2025 outlook: RBI's regulatory focus on innovation, stability, and fairness
RBI's focus on customer, compliance and collaboration will continue in 2025. It will have new initiatives balancing innovation and prudence
 "2025 outlook: RBI's regulatory focus on innovation, stability, and fairness")
Cricket: A metaphor for strategy in business, diplomacy, and economics
From CEOs to RBI governors, cricket's rich imagery and strategy resonate deeply with leadership, uncertainty, and decision-making across industries and global diplomacy
 "Cricket: A metaphor for strategy in business, diplomacy, and economics")
Malhotra chairs his first RBI board meet; acknowledges Das' contributions
The central board of directors of the RBI reviewed the global and domestic economic situation and outlook and discussed the activities of select central office departments
 "Malhotra chairs his first RBI board meet; acknowledges Das' contributions")
MPC minutes: Das urges focus on restoring inflation-growth balance
Along with Das, Saugata Bhattacharya, Rajiv Ranjan (Executive Director, RBI) and Michael Debabrata Patra (Deputy Governor, RBI) voted for status quo on interest rate
 "MPC minutes: Das urges focus on restoring inflation-growth balance")
MPC minutes: External members back rate cut, say inflation hampering growth
They also support a rate cut to avoid the risk of sharp currency appreciation if India does not normalise interest rates when most other global central banks have already embarked on an easing cycle
 "MPC minutes: External members back rate cut, say inflation hampering growth")
Statsguru: India faces growing financial risks from cybersecurity breaches
The number of digital financial frauds rose more than four times in FY24 year-on-year to comprise 80 per cent of all financial frauds
 "Statsguru: India faces growing financial risks from cybersecurity breaches")
RBI receives bomb threat in Russian email; Mumbai Police launch probe
The Reserve Bank of India (RBI) received a bomb threat email in Russian, targeting Governor Sanjay Malhotra's official ID; Mumbai Police have launched an investigation
 "RBI receives bomb threat in Russian email; Mumbai Police launch probe")
Restoring inflation-growth balance most important priority for RBI: Das
Outgoing RBI Governor Shaktikanta Das hoped that there would be a nationwide roll-out of Unified Lending Interface
 "Restoring inflation-growth balance most important priority for RBI: Das")
May RBI grow even taller as institution of trust: Das' parting message
RBI Governor Shaktikanta Das, who will demit office later today, thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for their guidance and encouragement
 "May RBI grow even taller as institution of trust: Das' parting message")
FinMin-RBI ties the best in my stint with excellent cooperation: Das
Speaking to reporters on the last day of his term, Das said the "perspectives" of the central bank and the finance ministry can be different on many issues and the phenomenon is seen the world over
 "FinMin-RBI ties the best in my stint with excellent cooperation: Das")
Rate cut bets rise post new RBI chief appointment, nudge bond yields down
Malhotra's appointment comes as economic growth has slowed and inflation has risen
 "Rate cut bets rise post new RBI chief appointment, nudge bond yields down")
When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in
Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation
 "When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in")
RBI governors keep in mind requirements of the wider economy as well: Das
Outgoing RBI Governor Shaktikanta Das reflects on six years at the helm as Sanjay Malhotra prepares to take over
 "RBI governors keep in mind requirements of the wider economy as well: Das")
Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv
He takes over as the 26th Governor of the central bank at a time when the RBI is under pressure to cut interest rates to support growth
 "Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv")
'Did a good job': KV Kamath lauds Das, backs Sanjay Malhotra for RBI role
KV Kamath commends outgoing RBI Governor Shaktikanta Das for his leadership and expresses confidence in Sanjay Malhotra's capabilities as the new RBI Governor
 "'Did a good job': KV Kamath lauds Das, backs Sanjay Malhotra for RBI role")
Shaktikanta Das thanks PM Modi, FM Sitharaman as his RBI tenure ends
Shaktikanta Das, set to demit office today, expressed gratitude to PM Modi and FM Sitharaman for their support during his tenure as RBI governor
 "Shaktikanta Das thanks PM Modi, FM Sitharaman as his RBI tenure ends")
Fiscal-monetary coordination at its best in last six years: Shaktikanta Das
Reserve Bank Governor Shaktikanta Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues
 "Fiscal-monetary coordination at its best in last six years: Shaktikanta Das")
Revenue Secretary Sanjay Malhotra succeeds Shaktikanta Das as RBI governor
Malhotra takes over the reins of the RBI at a time when growth in the domestic economy has fallen to a seven-quarter low
 "Revenue Secretary Sanjay Malhotra succeeds Shaktikanta Das as RBI governor")
Turning the page: Focus on external front new RBI governor's first test
Mr Das' term over the past six years was fairly challenging for both the Indian economy and the RBI, largely because of the pandemic
Six years of Shaktikanta Das's leadership as Mint Road's helmsman
It's been an eventful six year for Shaktikanta Das as Mint Road's helmsman. Here's a look at some of the significant moves during his watch