Page 40 - Latest Updates on Shaktikanta Das
Ensure continuity in provision of financial services: RBI guv to pvt banks
RBI Governor Shaktikanta Das on Tuesday asked private sector banks to ensure continuity in the provision of various financial services, including credit facilities to individuals and businesses
 "Ensure continuity in provision of financial services: RBI guv to pvt banks")
RBI asks PSBs to implement recently announced measures 'in right earnest'
RBI Governor urges banks to continue focusing on enhancing resilience of their balance sheets
RBI to conduct first SLTRO of Rs 10k cr for small finance banks on May 17
The SLTRO will be valid for three years. All SFBs will be eligible to participate in the scheme, which was announced by RBI Governor Shaktikanta Das on May 5 to mitigate Covid-related dislocations
 "RBI to conduct first SLTRO of Rs 10k cr for small finance banks on May 17")
Normal monsoon should help contain food price pressures: RBI Governor
Despite admitting to price pressures both from food items and input prices, RBI Governor Shaktikanta Das hoped that a normal Southwest monsoon will have a "soothing impact" on inflation pressures
 "Normal monsoon should help contain food price pressures: RBI Governor")
RBI running key ops from a 250-member-strong quarantine centre: Governor
Reserve Bank is running some of its key operations from a 250-member-strong quarantine centre -- a souped-down version of war-room it had set up in mid-March last year, says Governor Shaktikanta Das
RBI swings into action after banks indicate rising asset quality pressure
On tap liquidity for SFBs to address needs of small borrowers
 "RBI swings into action after banks indicate rising asset quality pressure")
'RBI in battle mode': Full text of Shaktikanta Das's speech on May 5
Central bank announces scheme allowing banks to support vaccine manufacturers, medical facilities, hospitals in Covid-19.
 "'RBI in battle mode': Full text of Shaktikanta Das's speech on May 5")
RBI gets into the act; lays foundation for more measures going ahead
The signal really given by the RBI is that while it does believe today that things have not taken a turn for the worse as all enterprises are better prepared than last year while facing lockdowns
 "RBI gets into the act; lays foundation for more measures going ahead")
RBI governor to make unscheduled speech at 10am as Covid devastates India
Central bank had last year announced a series of measures to support the economy suffering the impact of a nationwide lockdown
 "RBI governor to make unscheduled speech at 10am as Covid devastates India")
Second wave of coronavirus pandemic: What RBI can do to help
Unless the Reserve Bank comes forward and helps banks to handhold the MSME borrowers, bad loans will swell in the September quarter
T Rabi Sankar named RBI deputy governor to succeed B P Kanungo
Rabi Sankar now joins Mahesh Kumar Jain, Michael Patra and Rajeshwar Rao as the fourth deputy governor of the central bank
RBI governor, officials of SFBs discuss potential stress on balance sheets
RBI governor Shaktikanta Das held a meeting with the CEOs of small finance banks (SFBs) through video conference
 "RBI governor, officials of SFBs discuss potential stress on balance sheets")
A hale and hearty banking sector but...
More than banks, most of which have the balance sheet strength to stomach bad loans, it is the borrowers who will suffer once they are branded as defaulters since no lender will give them fresh money
Be watchful of Covid situation, push credit flows: Shaktikanta Das to banks
Takes stock of the progress in implementing Covid resolution framework
 "Be watchful of Covid situation, push credit flows: Shaktikanta Das to banks")
Remain watchful of evolving situation, push credit flows: RBI Guv to banks
RBI Governor Das asked banks to remain watchful of the evolving situation
 "Remain watchful of evolving situation, push credit flows: RBI Guv to banks")
We have given G-SAP 1.0 a distinct character, say RBI's Das & Patra
We are giving up this discretion to give an explicit assurance to the markets that we will assist them in the conduct of the borrowing programme, said Patra
MPC in 2 minutes: Here're the key development and regulatory steps
Payment banks can now hold Rs 2 lakh instead of Rs 1 lakh as end-day balance per customer
 "MPC in 2 minutes: Here're the key development and regulatory steps")
Supporting growth paramount for RBI now: Governor Shaktikanta Das
Stating that "growth is of paramount importance now", the Reserve Bank Governor Das said it will do whatever it takes to sustain the fledgling recovery
RBI Monetary Policy: Steady and bold
Among other things, the policy provides much needed visibility on central bank's balance sheet support for the bond market
 "RBI Monetary Policy: Steady and bold")
RBI Monetary policy highlights: Inflation outlook uncertain, says RBI guv
RBI Monetary policy: RBI today decided to keep rates unchanged today amid rising inflation, lockdowns and Covid surge. Stay tuned for all the LIVE updates
 "RBI Monetary policy highlights: Inflation outlook uncertain, says RBI guv")