Page 9 - Latest Updates on Shaktikanta Das
RBI brings gold reserve to India; nothing more should be read into it: Das
The quantum of gold stored outside was static for a long time, Reserve Bank of India Governor Das said here
 "RBI brings gold reserve to India; nothing more should be read into it: Das")
RBI hikes threshold for bulk fixed deposit to Rs 3 crore from Rs 2 crore
Bulk fixed deposits earn slightly higher interest rate than retail term deposits as banks offer different rates as part of their liquidity management exercise
 "RBI hikes threshold for bulk fixed deposit to Rs 3 crore from Rs 2 crore")
Assessing need for more measures to slow unsecured lending: RBI Guv Das
The Reserve Bank of India has warned lenders against "all forms of exuberance" due to worries about the rising risks
 "Assessing need for more measures to slow unsecured lending: RBI Guv Das")
RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast: Details here
The RBI MPC maintained its 'withdrawal of accommodation' stance and kept the repo rate unchanged at 6.5 per cent. The RBI revised FY25 GDP growth forecast to 7.2 per cent
 "RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast: Details here")
RBI monetary policy: When and where to watch the governor's announcement?
RBI Monetary Policy Committee meeting LIVE updates: Economists expect the central bank to maintain the repo rate at 6.5 per cent for the eighth consecutive time
 "RBI monetary policy: When and where to watch the governor's announcement?")
RBI MPC June meeting underway: It's goal, members; everything explained
The RBI MPC is entrusted with the responsibility of monetary policy in India with the primary objective of maintaining price stability while keeping in mind the objective of growth
 "RBI MPC June meeting underway: It's goal, members; everything explained")
RBI may keep interest rates on hold as slim Modi win boosts fiscal risks
Economists had already been pushing their forecasts for rate cuts to later in the year, predicting the RBI won't move until the US Federal Reserve pivots
 "RBI may keep interest rates on hold as slim Modi win boosts fiscal risks")
RBI Monetary Policy June 2024: Check date, time and what to expect
RBI Policy: The six-member committee tasked with setting India's benchmark interest rate, the repo rate, will meet from June 5 to June 7
 "RBI Monetary Policy June 2024: Check date, time and what to expect")
RBI's Monetary Policy Committee second meeting of FY25 from June 5-7
A poll by Bloomberg revealed that economists expected the India's central bank to maintain the repo rate at 6.5 per cent for the eight consecutive time
India's CAD may show dip in Q4 as net exports hit 11-quarter high
IDFC First Bank in a recent report said in FY25, it estimates CAD at 1.3 per cent of GDP compared to 0.7 per cent of GDP in FY24
 "India's CAD may show dip in Q4 as net exports hit 11-quarter high")
India's new govt will be spoilt for choice with $25 bn extra in kitty
On Wednesday, the RBI announced a record Rs 2.11 trillion dividend transfer to the government
 "India's new govt will be spoilt for choice with $25 bn extra in kitty")
Reserve Bank board approves transfer of Rs 2.11 trillion surplus to govt
The expert committee had suggested maintaining the risk provisioning within a range of 5.5 per cent to 6.5 per cent of the RBI's balance sheet under the Contingent Risk Buffer
RBI Guv Das casts vote in Mumbai, urges electors to exercise voting right
Tata Sons Chairman N Chandrasekaran was also among the early voters from the world of business
 "RBI Guv Das casts vote in Mumbai, urges electors to exercise voting right")
'Permanent deletion of transactions can anonymise e-rupee like cash'
The e-Rupee is a central bank digital currency (CBDC) issued by the Reserve Bank of India
 "'Permanent deletion of transactions can anonymise e-rupee like cash'")
CBDC pilot programmes for CPs, CDs likely: RBI governor Shaktikanta Das
Says permanent deletion of transactions can make e-rupee anonymous and at par with cash
RBI to make digital currency available offline, says Governor Das
India is one of the few economies to experiment with a digital currency backed by a central bank, even as developed nations tread cautiously
UPI transactions dip marginally in April to Rs 19.64 trn; grow Y-o-Y
Fasting, IMPS and Apes transactions decline too in the month
 "UPI transactions dip marginally in April to Rs 19.64 trn; grow Y-o-Y")
Enlightened leadership needed to resolve tax distribution: Subbarao
"This (north-south divide in deciding on the distribution of the tax pool among states) is a complex political challenge beyond the remit of the Finance Commission
 "Enlightened leadership needed to resolve tax distribution: Subbarao")
As India develops, high food inflation will get less severe: Ashima Goyal
Replying to a question on India's current macroeconomic situation, Goyal said conditions have been created for sustainable and inclusive growth
 "As India develops, high food inflation will get less severe: Ashima Goyal")
Consumer price inflation likely eased to 5-month low of 4.91% in March
RBI Governor Shaktikanta Das said last week that food price volatility remains a concern
 "Consumer price inflation likely eased to 5-month low of 4.91% in March")
