Page 30 - Latest Updates on Shaktikanta Das
Central banks need stronger communication in turbulent times: RBI governor
Even short-term forecasting has become a challenge due to pandemic, says Shaktikanta Das
 "Central banks need stronger communication in turbulent times: RBI governor")
Proper interpretation of data necessary for informed decision making: Das
Das said lockdowns in various countries, including India, posed severe challenges to compilation and availability of data relating to the spread of the pandemic, and its impact on various economies
 "Proper interpretation of data necessary for informed decision making: Das")
Public sector banks request RBI on bond portfolios as yields harden
At its policy review in April, the RBI had increased the limit on HTM portfolios to 23 per cent of net demand and time liabilities till March 31, 2023
 "Public sector banks request RBI on bond portfolios as yields harden")
What is the shape of India's economic recovery?
Sales of two-wheelers have nosedived. FMCG is struggling due to weak demand. But the aviation sector is seeing a jump in traffic. Take a dive into the key sectors to find out how the economy is revivi
 "What is the shape of India's economic recovery?")
Top headlines: Parameswaran is new NITI CEO, Toyota to deepen ties in India
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said
 "Top headlines: Parameswaran is new NITI CEO, Toyota to deepen ties in India")
Inflation likely to exceed top of RBI band until December: Shaktikanta Das
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Das said in an article
 "Inflation likely to exceed top of RBI band until December: Shaktikanta Das")
RBI may have boosted forwards intervention to slow rupee fall, save reserve
The Reserve Bank of India has run down its forward-dollar book by $12 billion to $15 billion from about $64 billion at the end of April
 "RBI may have boosted forwards intervention to slow rupee fall, save reserve")
Govt won't offer tax waivers to be part of global bond index sooner
Under existing rules, an overseas investor is required to pay a short-term capital gains tax of 30% if a listed bond is sold within 12 months
 "Govt won't offer tax waivers to be part of global bond index sooner")
FPIs jettison some sectors twice as fast the overall rate of outflows
Some got incremental inflows even amid the exodus, reveals fortnightly depository data
 "FPIs jettison some sectors twice as fast the overall rate of outflows")
MPC minutes flag inflation worry; aim to bring CPI within target band by Q4
CPI inflation was 7.04% in May. In its June policy review, the MPC raised repo rate by 50 bps to 4.9%, taking the total tally of rate hikes since May to 90 bps
Targeting 'soft landing' for economy: RBI governor Shaktikanta Das
He countered arguments that the central bank should have acted early to tackle the price rise and that it was behind the curv
 "Targeting 'soft landing' for economy: RBI governor Shaktikanta Das")
Top headlines: One dies in Agnipath protests, RBI defends policy pace
Business Standard brings you the top headlines this hour
 "Top headlines: One dies in Agnipath protests, RBI defends policy pace")
RBI not behind curve, focus on inflation target could have been risky: Das
I feel that we are very much in line with the requirements of our time, the RBI has acted proactively: Shaktikanta Das
Will issue guidelines to make digital lending ecosystem safer: RBI Guv
Speaking on inflation, Guv Das said that had the monetary policy been tighter, the economic damage would have been enormous
CAD will be sustainable, can be financed by normal capital inflows: RBI Guv
The number of unicorns, or new businesses valued at over $1 billion, is rising rapidly
 "CAD will be sustainable, can be financed by normal capital inflows: RBI Guv")
Businesses should avoid short-term reward-seeking culture: Shaktikanta Das
Das said doing business involves risk taking. But before taking the risk, the upside and downside will have to be carefully considered
RBI is getting its way on policy rates. But how long will this last?
It will be interesting to see if Shaktikanta Das can keep his political masters in good humor. Or if his relationship with the government - like that of his two predecessors - will also start to fray
 "RBI is getting its way on policy rates. But how long will this last?")
Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later
Home loan borrowers must pre-pay, or opt for higher EMI, to prevent loan tenure from rising
 "Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later")
'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das
'With regard to breaching the inflation target framework, we will deal with it as and when the situation arises'
 "'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das")
Most e-lending apps not registered with RBI: Governor Shaktikanta Das
The RBI website has a list of apps that are registered with it on the website, the governor said
 "Most e-lending apps not registered with RBI: Governor Shaktikanta Das")
