Page 5 - Latest Updates on Shaktikanta Das
Inflation horse brought to the stable, has to be kept on a tight leash: RBI
While the September inflation print may see a significant pick-up as base effects turn adverse and food prices register an upturn, food inflation, the RBI said, is expected to ease by Q4:2024-25
 "Inflation horse brought to the stable, has to be kept on a tight leash: RBI")
Heavy reliance on AI can lead to concentration risks, says RBI governor
Banks have to ride on the advantages of AI and Bigtech and not allow the latter to ride on them, says Das
 "Heavy reliance on AI can lead to concentration risks, says RBI governor")
Feasibility of expanding RTGS to settle transactions can be explored: Das
Divergence in global monetary policies can be expected to lead to volatility in capital flows and exchange rates, which may disrupt financial stability, says Das
 "Feasibility of expanding RTGS to settle transactions can be explored: Das")
RBI decides to hold policy repo rate; changes stance gear to neutral
Das says inflation-growth balance well-poised; rates may start falling from Dec
 "RBI decides to hold policy repo rate; changes stance gear to neutral")
RBI holds repo rate, adopts neutral stance, opens door for rate cut
If we see higher inflation in September-October and 7% GDP growth in September quarter, will the RBI go for a rate cut in December? Or, will that be pushed to February?
 "RBI holds repo rate, adopts neutral stance, opens door for rate cut")
Growth at any cost approach of some NBFCs poses risks: RBI Governor
Governor Das warns of action for failure to do so; directs them to review compensation practices linked to targets
 "Growth at any cost approach of some NBFCs poses risks: RBI Governor")
Greater confidence that inflation moderating in Q3...but risks remain: Das
We have to be very careful because there is every chance that inflation will simply bolt again, says Das
 "Greater confidence that inflation moderating in Q3...but risks remain: Das")
RBI MPC highlights: Inflation expected to remain elevated during September, October, says Das
RBI Monetary Policy Meeting October 2024 highlights: Catch all the latest news updates on RBI's monetary policy announcements here
 "RBI MPC highlights: Inflation expected to remain elevated during September, October, says Das")
RBI MPC changes stance to neutral; keeps repo rate unchanged at 6.5%
MPC to 'remain unambiguously focused' on a durable alignment of inflation with the target, while supporting growth
RBI MPC: Short-term inflation risk remains in focus, says Shaktikanta Das
In a press statement after the RBI's Monetary Policy announcement, RBI Governor Shaktikanta Das said the inflation worries have eased but there is a need for greater vigilance
RBI ups UPI Lite limit for smooth payment transactions: Check revised caps
During the RBI MPC announcement, Shaktikanta Das announced increased UPI transaction limits for UPI123Pay and UPI Lite wallet, a move aimed at boosting UPI adoption
 "RBI ups UPI Lite limit for smooth payment transactions: Check revised caps")
RBI policy: Prelude to future rate cuts? Inflation numbers hold the key
The policy remains open-ended on the future possibility of rate cut, which sounds reasonable given that the future course of inflation is hard to gauge
 "RBI policy: Prelude to future rate cuts? Inflation numbers hold the key")
RBI policy: MPC keeps repo rate unchanged at 6.5%, shifts stance to neutral
Governor Shaktikanta Das said that India's real GDP grew by 6.7 per cent in Q1. For FY25, the RBI kept its GDP projection unchanged at 7.2 per cent
 "RBI policy: MPC keeps repo rate unchanged at 6.5%, shifts stance to neutral")
RBI's MPC meeting today: Will there be a rate cut? Key points to watch
For the last nine consecutive meetings, the RBI has maintained the repo rate at 6.50 per cent, balancing inflation control with economic growth objectives
Forex reserves surged $311 billion under RBI Governor Shaktikanta Das
Latest RBI data showed, India's foreign exchange reserves surpassed the $700 billion mark
 "Forex reserves surged $311 billion under RBI Governor Shaktikanta Das")
Govt picks three new external members for MPC ahead of key RBI meet
Govt appoints Ram Singh, Saugata Bhattacharya, and Nagesh Kumar as new external members of RBI's Monetary Policy Committee
 "Govt picks three new external members for MPC ahead of key RBI meet")
Govt announces 3 new external members ahead of key RBI MPC meet
Govt appoints Ram Singh, Saugata Bhattacharya, and Nagesh Kumar as new external members of RBI's Monetary Policy Committee
 "Govt announces 3 new external members ahead of key RBI MPC meet")
Policy evolution: Despite challenges, central banks must keep adapting
Most large central banks have been grappling with high inflation rates over the past couple of years after having misjudged the early warning signs
 "Policy evolution: Despite challenges, central banks must keep adapting")
Strong fundamentals crucial amid global unrest: RBI Guv Shaktikanta Das
Have larger responsibility of maintaining financial stability'
RBI Guv Das stabilises volatile rupee with $689 billion forex reserves
India's current account deficit has also narrowed recently thanks to cheaper oil from Russia and global firms setting up service hubs
 "RBI Guv Das stabilises volatile rupee with $689 billion forex reserves")
