Page 6 - Latest Updates on Shaktikanta 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 changes stance to neutral; keeps repo rate unchanged at 6.5%")
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
 "RBI's MPC meeting today: Will there be a rate cut? Key points to watch")
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")
Rate cut hinges on inflation trajectory: RBI Governor Shaktikanta Das
Rupee strength driven by strong fundamentals, not artificial intervention: RBI guv
Rupee has been among the least volatile currencies since 2023: RBI governor
Our stated policy is to prevent excessive volatility of the rupee, said Reserve Bank of India governor Shaktikanta Das
 "Rupee has been among the least volatile currencies since 2023: RBI governor")
Short-sellers may target banks with large CRE exposure: RBI governor Das
'We still have distance to cover,' Das says on inflation
 "Short-sellers may target banks with large CRE exposure: RBI governor Das")
Have distance to cover on inflation, can't look other way: RBI Governor
Central bank in no rush to cut rates as projections say inflation is moderating, says Shaktikanta Das
 "Have distance to cover on inflation, can't look other way: RBI Governor")
'India's growth potential is above 7.5%': RBI Governor Shaktikanta Das
At a Singapore forum, RBI Governor Shaktikanta Das projected that India has a growth potential of at least 7.5%, slightly above the RBI's official 7.2% forecast for 2024-25
 "'India's growth potential is above 7.5%': RBI Governor Shaktikanta Das")
Strong fundamentals keep growth story intact: RBI guv Shaktikanta Das
"The potential of external demand can be leveraged by integrating into global supply chains," he said
 "Strong fundamentals keep growth story intact: RBI guv Shaktikanta Das")
Expect new members in MPC to be appointed in time, says RBI Guv Das
Das said the meeting of the Monetary Policy Committee (MPC) -- scheduled to take place from October 7 -- can only take place when the members are in place
 "Expect new members in MPC to be appointed in time, says RBI Guv Das")