Having kept the main interest rates steady on Wednesday, Das starts his next three-year term Dec. 11 with some in the bank already calling for unwinding the ultra-loose policies.
The comments came after the RBI's Monetary Policy Committee (MPC) left the key policy rates unchanged for the ninth time in a row
Fitch increases FY23 GDP growth forecast to 10.3%; Shriram Properties IPO nearly sales through on day 1
Reserve Bank's Governor Shaktikanta Das on Wednesday said that India's economy is on the path of recovery.
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The committee held the lending rate, or the repo rate , at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35%
Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.
Here is the best of Business Standard's opinion pieces for Friday
Boards' role in challenging management proposal critical: Das
The central bank is closely monitoring the business models and strategies of banks, Reserve Bank of India Governor Shaktikanta Das said on Tuesday.
Shaktikanta Das on Tuesday asked banks to be investment-ready when the private Capex cycle picks up, as the pandemic-battered economy is on a strong recovery path
For growth to be sustainable and reach its potential, private capital investment has to resume, the Reserve Bank Governor said on Tuesday
RBI Governor Shaktikanta Das has again said that cryptocurrencies pose a threat to India's financial stability. Amid growing interest, what does the RBI's tough stance mean for virtual currencies?
Govt must address regulatory concerns
Stating that growth impulses and the fast-moving economic indicators are strong, RBI Governor Shaktikanta Das exuded confidence in the economy clipping at the projected 9.5% growth this fiscal
The monetary authority again reiterated its strong views against cryptocurrencies saying they pose serious threats to the macroeconomic and financial stability of the country
India's record forex reserve also gives a lot of confidence and security to the foreign exchange market, he said
The RBI data showed that credit growth is improving, albeit at a slower pace
An open letter to Reserve Bank of India Governor Shaktikanta Das
The central bank will have to revive credit growth, drain liquidity and keep inflation on hold: that's just the beginning of his tasks.