Page 44 - Latest Updates on Shaktikanta Das
2020, the year that was: Coronavirus shadow may not go anytime soon
Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021
 "2020, the year that was: Coronavirus shadow may not go anytime soon")
GDP contraction to job losses amid Covid-19: 2020, the year of new lows
The economy floundered, manufacturing contracted and job losses mounted across sectors and skill levels. The urban work force was hit the hardest.
 "GDP contraction to job losses amid Covid-19: 2020, the year of new lows")
RBI governor asks banks to strengthen lending capacity by raising capital
During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively
 "RBI governor asks banks to strengthen lending capacity by raising capital")
RBI governor meets bankers over rate transmission, stressed assets
Touches upon current economic situation, emphasises banking sector's importance in supporting ongoing revival in economic activities
 "RBI governor meets bankers over rate transmission, stressed assets")
MPC members dive deep on low rates, excess liquidity and sticky inflation
These issues weren't discussed in such details in policy statement, or in post-policy press conference, even when the members seemingly unanimously voted to keep policy rate unchanged at 4%
 "MPC members dive deep on low rates, excess liquidity and sticky inflation")
India wants a V-shaped recovery at any cost. But what will RBI do?
How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off
 "India wants a V-shaped recovery at any cost. But what will RBI do?")
Banks should focus more on cash-flow based lending, says RBI Governor
In this regard, credit bureaus and the proposed Public Credit Registry (PCR) framework can improve the flow of credit as well as credit culture in the country, according to the governor
 "Banks should focus more on cash-flow based lending, says RBI Governor")
Best of BS Opinion: Vivad Se Vishwas scheme, Das' 2 years as RBI guv & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Vivad Se Vishwas scheme, Das' 2 years as RBI guv & more")
Reserve Bank of India unlikely to let rupee appreciate much: Experts
Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn
 "Reserve Bank of India unlikely to let rupee appreciate much: Experts")
The next hurdle
Governor Das has to take a call soon on unwinding stimulus
 "The next hurdle")
Shaktikanta Das: Reserve Bank governor who went off the beaten track
Economists praise Shaktikanta Das for his pragmatism and willingness to face challenges head on
 "Shaktikanta Das: Reserve Bank governor who went off the beaten track")
Preserve financial stability
Higher inflation tolerance will increase risks
 "Preserve financial stability")
With conglomerates reluctant, PEs may be better source of capital for banks
PEs have deep pockets with the ability to recapitalise the bank as and when needed
 "With conglomerates reluctant, PEs may be better source of capital for banks")
Which bank next on the RBI radar?
If shareholders can throw the chairman and MD out, where is the sanctity of the RBI approval for such appointments?
 "Which bank next on the RBI radar?")
You cannot put lakhs in difficulty for hours: RBI governor on HDFC Bank
Central bank, which yesterday pulled up HDFC Bank for multiple outages of its digital services, is checking why SBI's YONO application went down.
RBI leans towards economic growth, keeps policy rates unchanged at 4%
The rate pause was on expected lines, and all the six members on the Monetary Policy Committee were unanimous on the matter
 "RBI leans towards economic growth, keeps policy rates unchanged at 4%")
We intervene in banks in the interests of depositors: RBI's Shaktikanta Das
Over the past two years we have strengthened and deepened our supervisory systems, said Das
 "We intervene in banks in the interests of depositors: RBI's Shaktikanta Das")
RBI forecast, foreign portfolio investments flows push Sensex past 45,000
The benchmark indices gained for the fourth straight session and fifth straight week - the longest run of weekly gains since July
 "RBI forecast, foreign portfolio investments flows push Sensex past 45,000")
Suggestion to allow corporates in banking not RBI's view: Governor Das
RBI's Internal Working Group's (IWG) suggestion to allow corporates into banking has received sharp criticism from experts
 "Suggestion to allow corporates in banking not RBI's view: Governor Das")
Initial response looks 'positive' for PMC Bank resolution: RBI Governor
The last date for submission of EoI by potential investors is December 15.
 "Initial response looks 'positive' for PMC Bank resolution: RBI Governor")