Page 7 - Latest Updates on Shaktikanta Das
Today, India is far more resilient than what it was earlier, says RBI
India has improved its resilience vis-a-vis external shocks quite a bit, Das said
 "Today, India is far more resilient than what it was earlier, says RBI")
Monetary policy: RBI holds repo rates again, cites food inflation risks
Policy must stay the course with close vigil on inflation trajectory, says governor
 "Monetary policy: RBI holds repo rates again, cites food inflation risks")
Food inflation can't be ignored, need to remain vigilant: RBI Governor Das
Economic Survey had suggested exploring whether inflation targeting framework of the central bank should exclude food
 "Food inflation can't be ignored, need to remain vigilant: RBI Governor Das")
Staying the course
Mr Das has set the record straight
 "Staying the course")
Banks should offer innovative products, service to garner deposits: Das
However, the governor did not give any specific instructions as far as interest rates on deposits are concerned
RBI to set up public repository of digital lending apps to help customers
It will help people find out of a digital lender has a relationship with a bank or NBFC
 "RBI to set up public repository of digital lending apps to help customers")
Is the US heading towards recession? What RBI Governor Shaktikanta Das said
The RBI MPC on Thursday decided to keep its repo rate unchanged at 6.5 per cent for the ninth consecutive time, RBI Governor Shaktikanta Das announced
 "Is the US heading towards recession? What RBI Governor Shaktikanta Das said")
RBI MPC Meet: Repo rate unchanged at 6.5%, check GDP, CPI projections here
The RBI MPC has also decided to keep its stance of 'withdrawal of accommodation' unchanged with a majority of 4-2
 "RBI MPC Meet: Repo rate unchanged at 6.5%, check GDP, CPI projections here")
RBI MPC maintains FY25 inflation forecast, food prices remain a challenge
With food inflation contributing over 75 per cent to headline inflation in May and June and making up 46 per cent of the CPI basket, vegetable prices accounted for 35 per cent of June's inflation
 "RBI MPC maintains FY25 inflation forecast, food prices remain a challenge")
RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das
RBI Monetary Policy Meeting 2024: Catch all the latest highlights on RBI's monetary policy announcements here
 "RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das")
RBI guv warns on deposit growth, urges banks to innovate fund mobilisation
He also flagged the issue of rising personal loan and urged banks to keep carefully monitor the credit growth in the segment
Explained: RBI focus on food inflation, what MPC policy means for markets?
Why stock market, Sensex, Nifty fell after RBI policy: RBI governor Shaktikanta Das emphasised on food inflation and said food prices have remained elevated for too long
 "Explained: RBI focus on food inflation, what MPC policy means for markets?")
RBI's monetary policy committee keeps repo rate unchanged at 6.5%
Monetary policy stance retained at 'withdrawal of accommodation' to aid the MPC's focus on bringing inflation towards the target
 "RBI's monetary policy committee keeps repo rate unchanged at 6.5%")
RBI Policy: MPC to announce repo rates today. When and where to watch?
RBI MPC meeting: A Business Standard poll earlier indicated that economic experts anticipate that the RBI is expected to maintain this status quo for the ninth consecutive policy review
 "RBI Policy: MPC to announce repo rates today. When and where to watch?")
RBI monetary policy from August 6-8: when and where to watch; more details
According to a poll conducted by Business Standard ahead of the meeting, the central bank is expected to maintain a status quo for the ninth consecutive policy review
 "RBI monetary policy from August 6-8: when and where to watch; more details")
Scaling the economic ladder: Indian savings climb, yet rungs remain
For instance, only 15 per cent of US households' assets are in banks, compared to 46 per cent in South Korea
 "Scaling the economic ladder: Indian savings climb, yet rungs remain")
Need unambiguous, clear focus on inflation: RBI Governor Shaktikanta Das
Guv says RBI's target is inflation, not a neutral rate of interest
No plans to allow business houses to promote banks: RBI Governor Das
The RBI had disqualified a long list of conglomerates from floating a lender in the last round of licensing around a decade ago
 "No plans to allow business houses to promote banks: RBI Governor Das")
With growth steady, policy must focus on inflation: RBI Governor Das
In the last three years, the average growth of India has been 8.3 per cent, he said
Neutral rate raised on shift in potential output, says RBI bulletin
Estimate of 1.4-1.9% increase for Q4FY24 sparks debate about possible policy repo rate cut
 "Neutral rate raised on shift in potential output, says RBI bulletin")
