Page 26 - Latest Updates on Shaktikanta Das
With war in Europe, world encountering food, energy crisis: Shaktikanta Das
Das said the COVID-19 pandemic crisis created an opportunity to explore and harness the power of big data and strengthen direct feedback mechanisms while working from home.
 "With war in Europe, world encountering food, energy crisis: Shaktikanta Das")
Keep eye on macroeconomic scene: RBI to banks amid deposit growth concern
Concerned over deposit growth lagging high credit offtake; seeks views on collection, IT infra, DBUs
 "Keep eye on macroeconomic scene: RBI to banks amid deposit growth concern")
Indian banking sector resilient despite challenges: RBI Governor Das
Das made these remarks during a review meeting with Chairpersons of public sector banks and some private sector banks, which was also attended by other senior officials of the RBI
 "Indian banking sector resilient despite challenges: RBI Governor Das")
Why is the RBI governor worried about deposit growth?
Gauging sustainability of the credit growth in banking sector and the slow growth in deposits will be on the agenda of RBI Governor's meeting today. Why has deposit growth become a cause for concern?
RBI governor Shaktikanta Das to meet bank chiefs ahead of monetary policy
Like to discuss issues related to growth, interest rates
Expect next inflation print to be below 7%, says RBI Governor Das
May see earlier end to global inflation if supply chains are restored, RBI Governor Shaktikanta Das said Saturday
 "Expect next inflation print to be below 7%, says RBI Governor Das")
India likely to remain fastest growing major economy: RBI Governor Das
The growth numbers are looking good in he current context, he noted
Credit risk not being fairly priced in by banks, says SBI report
Credit demand at decadal highs and liquidity remains significantly downsized, says research
 "Credit risk not being fairly priced in by banks, says SBI report")
RBI's MPC meets to draft letter to govt on missing inflation target
The meeting was chaired by RBI Governor Shaktikanta Das and attended by all the other five members of the rate setting panel
 "RBI's MPC meets to draft letter to govt on missing inflation target")
RBI Meeting: All you need to know about additional monetary policy meet
Under Section 45ZN of the RBI Act, 1934, the central bank is required to write a letter to the Centre if it fails to maintain the inflation target
 "RBI Meeting: All you need to know about additional monetary policy meet")
RBI's letter may cite Ukraine war as main reason for high inflation: Report
For the past few months the MPC's and the governor's conduct has pointed at the war in Ukraine as the main reason for inflation staying above 6 per cent for three consecutive quarters
 "RBI's letter may cite Ukraine war as main reason for high inflation: Report")
Acting prematurely would have hurt economy, says RBI Governor Das
Shaktikanta Das defends timing of rate hikes amid failure to meet inflation target
Not in a hurry to launch CBDC; have to proceed carefully: RBI Guv Das
Central bank to consider findings of pilot projects before decision, he says
 "Not in a hurry to launch CBDC; have to proceed carefully: RBI Guv Das")
Our aim is to keep 'Arjuna's eye' on inflation, says RBI Governor Das
Das also defended RBI's strategies in the recent past amid criticism over price rise
Retail e-rupee trials will start this month itself, says RBI governor Das
The broader wish of the RBI is to execute a full-fledged launch of the CBDC "in the near future", Das said, choosing not to share a timeline for the same
Missed inflation target, but acting early would have exerted costs: RBI Guv
"We prevented a 'complete collapse of the economy' by keeping rates lower and stayed away from premature tightening," Das said.
Top Headlines: CBIC seeks details on digital assets, govt to form GACs
Business Standard brings you the top headlines at this hour
 "Top Headlines: CBIC seeks details on digital assets, govt to form GACs")
Foreign exchange reserves fall to $525 billion, lowest since July 2020
So far in 2022, the Indian currency has weakened 9.9 per cent against the US dollar
 "Foreign exchange reserves fall to $525 billion, lowest since July 2020")
RBI governor Shaktikanta Das cautions on backdoor entry in financial space
Although some number of complaints is expected from such a large financial system, the concerning fact is much of the complaints pertain to traditional banking
India to be among fastest growing economies despite global challenges: RBI
India is expected to be among the fastest growing major economies this fiscal, geopolitical turbulence notwithstanding, RBI Governor Shaktikanta Das opined at last month's meeting