Chakrabarty was the deputy governor of the central bank between June 15, 2009 and April 25, 2014 when he left office three months before to his term ended
The sector has been rendered vulnerable by the pandemic necessitating concerted effected effects to combat the stress and focus on the revival of the sector
Das said the momentum is likely to sustain
This is the fourth time in a row that MPC has decided to keep the policy rate unchanged at 4%. The central bank had slashed the repo rate by 115 basis points since late March 2020 to support growth
RBI governor warned earlier this week about the rally, citing the disconnect between the markets and the economy as well as expectations that bad-loan ratios at lenders will almost double this year
Economists praise Shaktikanta Das for his pragmatism and willingness to face challenges head on
Reserve Bank Governor on Friday said growth rate is likely to turn positive in the second half of the current financial year.
Shaktikanta Das said that monetary policy guidance in October emphasised the need to see through temporary inflation pressures
Reserve Bank of India Governor Shaktikanta Das said he has turned coronavirus negative and will join office next week
He was speaking at a panel discussion organised by the central bank as part of the ''Vigilance Awareness Week 2020''
Das said he is asymptomatic and will continue to work in isolation
Both fiscal and monetary policy were counter-cyclical and accommodative and both were working in close symmetry, he added
The official said as per data till October 7, 1692 incidents were reported by satellite imagery, but during field visits by PPCB officials no stubble burning was observed in 763 cases.
All eyes will be on the monetary policy address of RBI Governor Shaktikanta Das at 10 am today
Had the shortest stint as a RBI governor, all of 21 days, as he waited to hand over the office to R N Malhotra
…is this a virus more dangerous than Covid-19?
The government has invoked "act of God" for not paying its due to the states directly
The bankers were responding to RBI governor Shaktikanta Das's statement that banks risked their own growth by being "extremely risk averse"
Business Standard opinion pieces for the day talk about, among other things, how the government is performing
True that the lender would now have a smaller buffer in case of a fall in the value of gold kept as collateral. But that's a calculated risk