Page 39 - Latest Updates on Shaktikanta Das
Recast loans worth Rs 70,000 crore get extra time to meet norms
Bankers said this move comes as a support to stressed firms from sectors like tourism, real estate, hospitality and others hit badly by second wave
 "Recast loans worth Rs 70,000 crore get extra time to meet norms")
The first soft signal of return to normalcy from Monetary Policy Committee?
The Reserve Bank of India (RBI) sounds relatively more confident on growth now and, at the same time, its concerns on inflation are clearly higher
RBI policy action has to be nuanced; cannot be unidirectional: RBI Guv
The Monetary Policy Committee (MPC) left the repo rate unchanged at 4 per cent while continued with the accommodative stance to revive and sustain growth on a durable basis.
 "RBI policy action has to be nuanced; cannot be unidirectional: RBI Guv")
 "Action taken against HDFC Bank, Mastercard to ensure compliance: RBI's Das")
RBI Guv Das praises govt on retro tax move, post-pandemic fiscal response
Reserve Bank Governor Shaktikanta Das on Friday welcomed the government's decision to end retrospective taxation and termed it as a "timely" move.
Live: RBI keeps repo rate steady, says economy in better shape since June
Live updates: Monetary policy committee's decisions being read out by RBI governor Shaktikanta Das
 "Live: RBI keeps repo rate steady, says economy in better shape since June")
MPC reassures status quo on rates, but changes view on inflation
The temporary supply shocks that have led to higher inflation has been kept aside by the MPC while focusing on growth
 "MPC reassures status quo on rates, but changes view on inflation")
RBI keeps repo rate unchanged, sees FY22 real GDP growth at 9.5%
Economic activity has evolved broadly along expected lines: Shaktikanta Das
 "RBI keeps repo rate unchanged, sees FY22 real GDP growth at 9.5%")
RBI Governor Shaktikanta Das says will bring financial inclusion index soon
Financial inclusion will continue to be the policy priority for the central bank, to make the post-pandemic recovery more inclusive and sustainable, Das said
Financial inclusion will continue to be a policy priority after Covid: Das
RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a policy priority for the central to make the post-pandemic recovery more equitable and sustainable.
 "Financial inclusion will continue to be a policy priority after Covid: Das")
RBI governor warns of downsides to direct financing of govt fiscal deficit
Direct financing or monetisation of the government's fiscal deficit by the central bank has several downsides, Reserve Bank of India Governor Shaktikanta Das said
Reserves remove doubt on ability to act: RBI Governor Shaktikanta Das
Economic activities are expected to improve further going into July or into the second half, says Governor Das
Bonds rally after RBI guv indicates accommodative policies will continue
"Any hasty withdrawal of monetary policy support will negate the nascent or incipient recovery that is taking place," RBI Governor Shaktikanta Das told Business Standard in an interview
 "Bonds rally after RBI guv indicates accommodative policies will continue")
Hasty withdrawal of easy policy can undo gains: RBI Guv Shaktikanta Das
Inflation is showing signs of stickiness, but it is only a "transitory hump" that should moderate in the third quarter, he said.
Statsguru: In a year dominated by Covid-19, financial stability is intact
The central bank now expects about 9.8 per cent of gross advances to be non-performing by March 2022, in the baseline scenario
 "Statsguru: In a year dominated by Covid-19, financial stability is intact")
RBI's Financial Stability Report: A bag of surprises
Credit should go to the RBI and banks for managing the situation. The plan of giving moratorium during tough times and rolling back the same has helped to keep things under check
 "RBI's Financial Stability Report: A bag of surprises")
Second Covid wave has taken 'grievous toll' on India: RBI Governor in FSR
Shaktikanta Das says capital, liquidity buffers at financial institutions 'reasonably resilient' to withstand future shocks
1991 ushered in many relationship changes; govt-RBI one was the foremost
From 1991 onwards, the RBI became a full, if slightly junior, partner of the finance ministry, instead of being a 'mere subordinate department of the financial ministry'
MPC: Support from all sides needed to nurture economic recovery, says Das
RBI governor said pace of vaccination and the speed with which the second Covid wave can be brought under control will have considerable bearing on the inflation trajectory, show MPC minutes
 "MPC: Support from all sides needed to nurture economic recovery, says Das")
Best of BS Opinion: Sub-African India, RBI monetary policy, and more
Here are the best of Business Standard's opinion pieces for Saturday
 "Best of BS Opinion: Sub-African India, RBI monetary policy, and more")