Page 8 - Latest Updates on Shaktikanta Das
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
 "RBI guv warns on deposit growth, urges banks to innovate fund mobilisation")
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
 "Need unambiguous, clear focus on inflation: RBI Governor Shaktikanta Das")
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")
India's credit ratings upgrade is long overdue: RBI Guv Shaktikanta Das
Governor of the Reserve Bank of India Shaktikanta Das said that India is capable of meeting its external payment obligations and a credit ratings upgrade should happen soon
Too early to talk rate cut, won't give guidance: RBI Governor Das
RBI guv says expected credit loss norms in final state of examination, should be out in current financial year
RBI governor Das asks banks to strengthen governance, risk management
The governor also noted the continued improvement in banks' asset quality, loan provisioning, capital adequacy, and profitability
Investor confidence
Index inclusion also has risks
 "Investor confidence")
RBI using alternative data sources for economic insights: Shaktikanta Das
World from moving from 'era of data scarcity to abundance', says central bank governor
India at cusp of structural growth shift, says RBI gov Shaktikanta Das
The Indian economy recorded a growth of 8.2 per cent in FY24 and averaged 8.3 per cent in the last three financial years
'We are positive about growth, disinflation', says RBI Governor Das
Addressing the 188th AGM of Bombay Chamber of Commerce & Industry, RBI Governor Shaktikanta Das says, "India is at the threshold of a major structural shift in its growth trajectory
 "'We are positive about growth, disinflation', says RBI Governor Das")