He said that the country's external sector is also strong and our current account deficit has remained within manageable limits and stood at 1.1 per cent
Important to note that the exchange is a barometer of the economy's strength, Governor Shaktikanta Das says
RBI's Monetary Policy Committee has kept the repo rate at 6.5% since February 2023. Retail inflation hit a 14-month high in October
Four key positions will become vacant over the next four months, marking a potential reshuffle by the end of the current financial year
Business Standard BFSI Summit 2024 highlights: Catch all the updates related to the BFSI summit here
Leaders of financial sector strike a note of confidence, optimism
He said the Indian financial sector is resilient enough to deal with any spillover from the external world on a day markets turned volatile following the US election results
Business Standard BFSI Summit 2024 updates: Catch all the updates related to the BFSI summit here
RBI Governor Shaktikanta Das discusses the difficulty in monitoring unsecured loans at the Business Standard BFSI Insight Summit
RBI Governor Shaktikanta Das discusses inflation outlook and economic resilience at the Business Standard BFSI Insight Summit
RBI Governor explains regulatory actions in conversation with Tamal Bandyopadhyay at the Business Standard BFSI Insight Summit
The dollar index climbed 1.5 per cent to a four-month high of 105.19 as trends signalled an edge for Republican candidate Donald Trump, prompting interest in so-called 'Trump trades.
The central bank has held interest rates at their highest since early 2019 for the past 10 meetings
RBI Governor Das gets the A+ grade for second consecutive year; key areas, including inflation control and economic growth targets, evaluated
This is the second consecutive year that he has been ranked as the top central banker globally
Balance between inflation & growth is well-poised, the Indian economy reflects a picture of stability and strength, said Shaktikanta Das
There has to be (an) international understanding on this issue, being fully mindful of the huge risks associated with cryptocurrencies
We are not managing the exchange rate, Das clarified
The Reserve Bank of India ordered four shadow banks to stop sanctioning new loans because of high interest rate charges to customers
Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored