Here are the 10 important events, policy decisions that Das undertook after becoming the 25th governor of the RBI on Dec 12, 2018
The central bank has been mandated by the government to ensure the Consumer Price Index (CPI) based inflation is at 4 per cent, with a band of 2 per cent on either side
Higher liquidity is not helping the real economy
Of this, the unconventional liquidity measures amount to approx. Rs 9.1 trillion, implying the residual Rs 8.1 trillion is mostly conventional liquidity injection
Along with the brand and the slots of the debt-ridden state-owned airline, the Tatas will get the low-cost subsidiary Air India Express and a 50 per cent stake in ground handling firm AISATS.
Rate-sensitive banking and realty indices ended in the red, but auto closed with gains
RBI Governor's statement says, this process will be gradual, calibrated, and non-disruptive, while remaining supportive of the economic recovery
Retains accommodative stance, FY22 growth forecast; lowers inflation projection
Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%
A delay by RBI could increase risks
The Reserve Bank of India's three-day monetary policy committee (MPC) meeting ends on Friday. How will the markets react to the RBI Policy meet? What's priced in and what's not? Let's find out
How deep is Indian businesses' dependence on Facebook and WhatsApp? What does RBI ex-governor Subbarao think of $5-trn economy goal? What are markets expecting from the RBI policy? All answers here
While the share of oil in India's import basket is as much as 22.5% currently, a falling rupee could fuel inflation and take the steam out of low interest rates
A lack of coal means factories could shut, while forcing India to import more fossil fuels.
The rupee was at 74.53 a dollar at 11.40am, down from its previous close of 74.31, as the dollar index crossed 94: its highest level since November 2020
The RBI accepts overnight excess liquidity from banks at 3.35 per cent, its reverse repo rate
The glide path should take inflation down to 5.7% in 2021-22; below 5% in 2022-23, and closer to 4% by 2023-24, said DG Patra
Economists say RBI likely to revise inflation forecast downward in October policy
Consumer prices rose 5.3% last month from a year earlier, the Statistics Ministry said in a statement on Monday
Revival of the Indian economy would be sustained if the COVID-19 pandemic is under control, eminent economist Shashanka Bhide said on Sunday