Page 18 - Rbi Governor

Top headlines: Go First lenders approve $55 mn infusion, Vi turnaround soon

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RBI to engage external managers for very small part of FX reserves: Das

CBDC going to be future of money: RBI guv

RBI deputy governor Swaminathan Janakiraman gets supervision department

Swaminathan, a former managing director of State Bank of India, replaced M.K. Jain whose term ended on Jun 21

'RBI need not rush to ease rates unless certain of stable-low inflation'

Bhide's comments echo that of Governor Shaktikanta Das that a pivot can be considered when price-gains settle near the mid-point of its 2%-6% range on a durable basis

Govt appoints SBI MD Janakiraman as RBI deputy governor with 3-year tenure

First SBI MD to helm for the post in more than 20 years

Telangana High Court issues notice to RBI Governor in Mahesh Bank case

Directing that senior bank officials be consulted for policy decisions, the court said the move is to protect the interests of shareholders and to run daily operations

Raghuram Rajan under fire for his remarks on India; here's what he said

This is the second time in the last one week that Rajan's statements have led to his criticism

RBI Governor Shaktikanta Das named 'Governor of the Year' in London

The organisers of the award said that Das' tenure which began in 2018, has been marked by a series of grave challenges, starting with the collapse of a major non-banking firm

India will be among fastest growing economies in 2023: RBI Governor

RBI Governor Shaktikanta Das on Tuesday expressed confidence that India will be among fastest growing economies in the world in 2023 which would grow at the rate of 6.5 per cent in the current fiscal

RBI Monetary Policy set to be announced today; here's what to expect

RBI Monetary Policy: This will be the third time in 2023 that the MPC will announce its policy decision

RBI raises the governance premium for PSU banks on the road to 2047

The Governor of the RBI has for the first time provided a peek into the power structures within bank boards

Fintech companies in talks to decide on rules for self-regulation

The RBI proposed the creation of a self-regulatory organisation (SRO) in March during a conference hosted by the Department of Payment and Settlement Systems

Governor Das calls for augmenting computing infrastructure of RBI

Reserve Bank Governor Shaktikanta Das on Wednesday stressed the need for augmenting the central bank's existing computing infrastructure supported by cutting-edge facilities for research and capacity building in emerging areas. In his remarks after laying the foundation stone for a greenfield data centre and enterprise computing & cybersecurity training institute in Bhubaneswar, Das acknowledged the critical role played by technology in supporting the activities of the financial sector and RBI over the years and recently, in facilitating a robust recovery from the pandemic. "He highlighted the need for augmenting the existing computing infrastructure of the RBI supported by cutting-edge facilities for research and capacity building in emerging areas straddling central banking, technology and cybersecurity for a future ready RBI," an official release said. The new data centre and the training institute spread over 18.55 acre, when commissioned, will cater to the emerging ...

Govt invites application for RBI deputy governor post; M K Jain to retire

The finance ministry has initiated the process to appoint a new Reserve Bank deputy governor in place of MK Jain, whose extended term is coming to an end in June. The applicant should have an experience of 15 years in banking and financial market operations, said a public notice, indicating that candidates from the private sector will also be considered for the appointment. Traditionally, one of the four deputy governors is from the public sector banking industry. If the government decides to appoint someone from the private sector, it would be a first for the Reserve Bank of India. Jain, a senior public sector banker, was appointed deputy governor for an initial period of three years in 2018 and extended by another two years in 2021. The central bank has four deputy governors - two from within the ranks and one commercial banker and an economist to head the monetary policy department. "It may be noted that the Financial Sector Regulatory Appointments Search Committee (FSRASC) is

New age firms in payment space reluctant to comply with rules at times: Das

The payments landscape in India has evolved into a state-of-the-art system that is affordable, accessible, convenient, fast, safe and secure, said RBI governor

'Governor of the Year' award for RBI Guv matter of immense pride: PM Modi

Prime Minister Narendra Modi said on Thursday that it was a matter of immense pride for the country that RBI Governor Shaktikanta Das has been awarded the 'Governor of the Year' award for 2023 by international publication Central Banking. The award, announced on Wednesday, recognised Das for captaining the financial markets through the turbulent periods of the COVID-19 pandemic and the crippling impact of the Ukraine war. Modi tweeted, "It is a matter of immense pride for our country that the RBI Governor, Shri Shaktikanta Das Ji has been conferred with the 'Governor of the year' Award in the Central Banking Awards 2023. Congratulations to him." Awarding 66-year-old Das, who is into his second term at the Mint Road, the publication said the governor helped manoeuvre the ship as it faced multiple obstacles since his appointment in December 2019, the pandemic and the Russia-Ukraine war being the two major tests.

RBI Governor Das gets the 'Governor of the Year' award for 2023

Reserve Bank Governor Shaktikanta Das on Wednesday awarded the 'Governor of the Year' award for 2023 by the international publication Central Banking for captaining the financial markets through the turbulent periods of the pandemic and the crippling impact of the Ukraine war. Former governor Raghuram Rajan was the first to be conferred the title back in 2015 from the country. Awarding the 66-year-old Das, who is into his second term at the Mint Road, the publication said the governor helped manoeuvre the ship as it faced multiple obstacles since his appointment in December 2019, the Covid-19 pandemic and the Russia-Ukraine war being the two major tests. An economy as complex as India's will likely never be free from challenges but, as Das faces up to the remainder of his second term, he can take pride in major achievements so far," the award citation said. Das has captained critical reforms, overseen world-leading payments innovation and steered the country through difficult times

Central Banking publication names Shaktikanta Das governor of the year

It says Das faced many challenges; he was a 'voice of calm' amid Covid-19 crisis

Need better rupee management to deal with internationalisation: RBI Dy Guv

India needs to gear up to manage the exchange rate volatility as the country progresses on the path of internationalisation of rupee and freer capital account convertibility, according to Reserve Bank Deputy Governor M Rajeshwar Rao. He also said that internationalisation of rupee has its own benefits as well as challenges and risks which the country and the Reserve Bank of India (RBI) will have to deal with. Delivering the keynote address at the 17th FEDAI conference at Cairo on Sunday, Rao said as the economy grows and becomes more developed, the scope of participation in foreign exchange markets would change. "With the increasing integration of the economy with the rest of the world, more and more entities are likely to, directly or indirectly, get exposed to foreign exchange risks. There are likely to be demands for permitting hedging of economic exposures," he said. A whole new market with a new set of market participants has opened up, with banks in India being allowed to ...

A billion transactions a day can be processed through UPI: RBI governor

The objective of the mission, as part of Digital Payments Awareness Week (DPAW) 2023, is to make every citizen in the country opt for digital payments