Page 60 - Latest Updates on Shaktikanta Das
Financial system's liquidity is in 'huge' surplus, says RBI governor
Das said the central bank will provide a backup "if individual banks require additional liquidity"
 "Financial system's liquidity is in 'huge' surplus, says RBI governor")
RBI to discuss with govt issuance of sovereign bonds: Shaktikanta Das
After the customary post-budget meeting with Finance Minister Nirmala Sitharaman, he said the system has sufficient liquidity and the Budget for 2019-20 has made provision for NBFC sector
 "RBI to discuss with govt issuance of sovereign bonds: Shaktikanta Das")
RBI will use its data to refine forecasting models: Shaktikanta Das
The central bank receives data from banks, various other financial companies, as well as from the markets, says RBI Governor
 "RBI will use its data to refine forecasting models: Shaktikanta Das")
Govt, RBI must work closely to boost growth, ensure systemic stability: Guv
Shaktikanta Das said companies in the crisis-hit non-banking finance companies need to develop on 'prudent lines' and focus on asset liability management
 "Govt, RBI must work closely to boost growth, ensure systemic stability: Guv")
Shaktikanta Das: Seen as safe no matter who wins vote
The probability of Shaktikanta Das continuing and completing the tenure should be extremely high
 "Shaktikanta Das: Seen as safe no matter who wins vote")
RBI governor Das flags growth slowdown, Viral Acharya advocates caution
The RBI governor advocated a 25 basis points cut, showed minutes of the MPC
Rate change in multiples of 25 bps not sacrosanct: RBI governor
Asked about structural reforms in India in the past few years, the RBI governor listed the implementation of the GST and the IBC, among others.
 "Rate change in multiples of 25 bps not sacrosanct: RBI governor")
India's potential growth is definitely 7.5% plus: Shaktikanta Das
The growth-focused governor, under whose chairmanship the MPC executed two back to back rate cuts of 25 basis points each since February, said India needs to grow at 8% to eliminate poverty
 "India's potential growth is definitely 7.5% plus: Shaktikanta Das")
Govt refuses to reveal details on RBI Governor Shaktikanta Das appointment
Das was on December 11, 2018 named as the Reserve Bank of India (RBI) Governor by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi for three years
 "Govt refuses to reveal details on RBI Governor Shaktikanta Das appointment")
'Regulatory sandbox' norms for fintech firms in 2 months: Shaktikanta Das
Das said the RBI encouraged banks to explore new alliances with fintech firms as it could be pivotal in accelerating the agenda of financial inclusion
 "'Regulatory sandbox' norms for fintech firms in 2 months: Shaktikanta Das")
RBI governor calls for more consistency among finance commissions
He also called for a 'permanent status to finance commissions' where the old commission continues to implement schemes till the next commission starts functioning
 "RBI governor calls for more consistency among finance commissions")
There has to be free, fair discussion between govt and RBI: Shaktikanta Das
Shaktikanta Das has been pragmatic and more accommodative of the financial market's concerns even as he keeps his counsel
 "There has to be free, fair discussion between govt and RBI: Shaktikanta Das")
Rating agencies have a critical role in financial sector: RBI governor
Das Thursday held a meeting with top officials of credit rating agencies as part of stakeholder consultation exercise
RBI Governor to discuss rate cut transmission with bank chiefs on Feb 21
Commenting on mergers in the banking space, Finance Minister Arun Jaitley said India needs fewer and mega banks which are strong
New RBI governor a cheer leader for growth
Das is distinctly dovish as RBI's inflation projection is benign and he wants to seize the opportunity to support growth. And, this may not be the last rate cut
 "New RBI governor a cheer leader for growth")
RBI governor meets PSU banks' CEOs, conveys regulator's expectations
RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7. It would be the first monetary review under the new RBI Governor
After bankers and NBFCs, RBI Governor to meet industry chambers on Thursday
In the run-up to Urjit Patel's resignation last month, multiple stakeholders, including government ministers, had complained about the RBI not listening to industry concerns
 "After bankers and NBFCs, RBI Governor to meet industry chambers on Thursday")
RBI Governor Shaktikanta Das meets NBFCs on liquidity crisis, assures help
The NBFCs suggested that the RBI should reduce the minimum holding period to 3 months for loans having maturity of 2-5 years
Taking stock: 20 things that happened at RBI under Shaktikanta Das's watch
Shaktikanta Das completes one month as governor of the Reserve Bank of India on Friday. Here is a list of things he has promised and done in a month.
Liquidity infusion will not be 'easy money': RBI Governor Shaktikanta Das
Das did not rule out the central bank paying interim dividend to the government, but said no decision had been taken yet on the amount to be given
 "Liquidity infusion will not be 'easy money': RBI Governor Shaktikanta Das")