Page 42 - Latest Updates on Shaktikanta Das
MPC minutes: Unwinding high indirect taxes on fuel critical, says Das
Fall in inflation gives MPC room to continue to support growth in economy
 "MPC minutes: Unwinding high indirect taxes on fuel critical, says Das")
MPC minutes: Growth momentum needs to strengthen further, says RBI Guv
The Reserve Bank remains committed to ensure the availability of ample liquidity in the system to foster congenial financial conditions, says Governor
 "MPC minutes: Growth momentum needs to strengthen further, says RBI Guv")
Finance Ministry asks RBI to ensure a higher dividend for govt in FY22
RBI advises against any change in inflation goalposts, monetary policy targets
 "Finance Ministry asks RBI to ensure a higher dividend for govt in FY22")
FM Sitharaman explains govt priorities in post-Budget address to RBI
The meeting on Tuesday was chaired by RBI Governor Shaktikanta Das through video conferencing
 "FM Sitharaman explains govt priorities in post-Budget address to RBI")
Primary dealer fees rise over 40x as RBI lures them to underwrite auctions
The central bank is offering commissions as high as 50 paise per Rs 100 face value for a bond maturing in 2050, compared with just 1.24 paise on April 30, 2020
 "Primary dealer fees rise over 40x as RBI lures them to underwrite auctions")
RBI to buy bonds worth Rs 20,000 crore via open market operations on Feb 10
The central bank on Friday devolved nearly the entire bond auction on primary dealers, as the markets were demanding higher yields for five-year and 10-year bonds being sold
 "RBI to buy bonds worth Rs 20,000 crore via open market operations on Feb 10")
Why bonds dealers chose to ignore Shaktikanta Das' nationalist call
There's a tug-of-war between the RBI and the bond market, as the central bank refuses to accept higher yields
 "Why bonds dealers chose to ignore Shaktikanta Das' nationalist call")
RBI plans Rs 3 trillion in sovereign bond purchases to cap yield at 6%
The Reserve Bank of India has so far bought about Rs 2.5 trillion of net debt in the current financial year
 "RBI plans Rs 3 trillion in sovereign bond purchases to cap yield at 6%")
Policy normalisation path
RBI will need to do a tough balancing act
 "Policy normalisation path")
Big reforms: RBI gives retail investors direct access to govt bonds market
India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on the government bond market
 "Big reforms: RBI gives retail investors direct access to govt bonds market")
An IWG taking a look at central bank digital currency: Das, Kanungo & Patra
RBI Governor Shaktikanta Das, and Deputy Governors Michael Debabrata Patra and B P Kanungo spoke on a range of topics in a post-policy press meet
Monetary policy: RBI doing exactly what AQR does, though unofficially
The Economic Survey, last week, had suggested that there should be one more round of AQR of banks after the Covid-related forbearance is over
 "Monetary policy: RBI doing exactly what AQR does, though unofficially")
Monetary policy to stay accommodative in near term, but exit is near
Despite the fiscal activism in the Budget, the MPC stated that the recovery was yet to gain firm traction and needed continued policy support
 "Monetary policy to stay accommodative in near term, but exit is near")
MPC in 2 minutes: Here're the key development and regulatory steps
The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme
RBI monetary policy: Govt told to cut fuel taxes to ease inflation concerns
GDP projection revised upwards, but lower than Eco Survey's
 "RBI monetary policy: Govt told to cut fuel taxes to ease inflation concerns")
Monetary policy: Retail interest in G-secs may be limited, say experts
HNI participation may be gradual; mutual funds see little impact on fund flows
 "Monetary policy: Retail interest in G-secs may be limited, say experts")
Demand has moved beyond pent-up to actual one: RBI Guv Shaktikanta Das
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said demand in the economy has moved from being of pent-up nature to actual one, and the momentum is likely to sustain.
 "Demand has moved beyond pent-up to actual one: RBI Guv Shaktikanta Das")
RBI will manage high govt borrowing in FY22 non-disruptively: Das
Das exuded confidence of the Reserve Bank being able to manage the high quantum of government borrowings for the next fiscal in a 'non-disruptive' manner
 "RBI will manage high govt borrowing in FY22 non-disruptively: Das")
RBI likely to let market determine 10-year bond yields, say analysts
This would indicate that the Reserve Bank is moving towards a new equilibrium for yields, something Governor Shaktikanta Das considers as a "public good"
 "RBI likely to let market determine 10-year bond yields, say analysts")
Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%
The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively
 "Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%")