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Page 28 - Rbi Governor

No reason to doubt govt will meet fiscal deficit targets: RBI Guv backs FM

In an interview with PTI, Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committee for the budget deficit

No reason to doubt govt will meet fiscal deficit targets: RBI Guv backs FM
Updated On : 18 Feb 2020 | 8:53 PM IST

Riding high on RBI governor's assurance, bond market up for a long bull run

Experts say LTRO is the Indian version of quantitative easing, and that there should be more of it in coming days

Riding high on RBI governor's assurance, bond market up for a long bull run
Updated On : 09 Feb 2020 | 11:49 PM IST

RBI governor Shaktikanta Das is Asia Pacific central banker of the year

Nominating Das, the magazine said India's banks have faced a series of challenges, from non-performing loans to issues around fraud

RBI governor Shaktikanta Das is Asia Pacific central banker of the year
Updated On : 03 Feb 2020 | 11:06 PM IST

Need to improve supply chain in agriculture: RBI Governor Shaktikanta Das

According to the RBI governor, wider rural road network, better communication facilities, and easier access to micro credit will contribute to better price realisation for farmers

Need to improve supply chain in agriculture: RBI Governor Shaktikanta Das
Updated On : 09 Jan 2020 | 10:32 AM IST

First year of Das: Floccinaucinihilipilification or Panglossian?

The no-rate-cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate Shaktikanta Das is maturing in his new role.

First year of Das: Floccinaucinihilipilification or Panglossian?
Updated On : 08 Dec 2019 | 9:47 PM IST

Telecom tariff hike may add to inflation, cautions RBI Governor Das

All the three private telecom players Vodafone Idea, Bharti Airtel and Jio has raised their taiff plans pre-paid tariff plans and the increase has been as high as 40-50%

Telecom tariff hike may add to inflation, cautions RBI Governor Das
Updated On : 05 Dec 2019 | 11:33 PM IST

FM Sitharaman to review state of economy at FSDC meeting on Nov 7

The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs, sources added.

FM Sitharaman to review state of economy at FSDC meeting on Nov 7
Updated On : 06 Nov 2019 | 11:13 PM IST

US Treasury Secretary discusses economy with RBI Governor Shaktikanta Das

The two discussed "global and domestic macro-economic scenario in both countries and regulatory developments", according to an official statement from the central bank

US Treasury Secretary discusses economy with RBI Governor Shaktikanta Das
Updated On : 02 Nov 2019 | 11:08 PM IST

Will safeguard depositors' interests, PMC Bank management assures RBI

Administrator J B Bhoria and his team met Shaktikanta Das and other senior officials on Wednesday to apprise them of the position of the bank after relaxation of the withdrawal limit to Rs 40,000

Will safeguard depositors' interests, PMC Bank management assures RBI
Updated On : 22 Oct 2019 | 10:58 AM IST

RBI governor Shaktikanta Das discusses rate transmission with PSBs

The RBI governor also reviewed the credit off-take situation prevailing in the economy amid a slowdown, said sources

RBI governor Shaktikanta Das discusses rate transmission with PSBs
Updated On : 16 Oct 2019 | 12:57 AM IST

Best of BS Opinion: The antibiotics challenge, warship woes, and more

Is size an advantage for pursuing the objectives of public sector banking? What is the role of India's financial sector in achieving the $5-trillion economy target? Alokananda Chakraborty sums up.

Best of BS Opinion: The antibiotics challenge, warship woes, and more
Updated On : 02 Oct 2019 | 7:23 AM IST

Room for rate cuts, not fiscal expansion, says RBI governor Shaktikanta Das

He was not willing to comment about the potential real interest rate of India that the central bank should fixate upon as the MPC cannot pursue multiple targets

Room for rate cuts, not fiscal expansion, says RBI governor Shaktikanta Das
Updated On : 20 Sep 2019 | 3:26 AM IST

Banks will have to take balanced call on NBFC crisis: RBI's Shaktikanta Das

It means the existing promoters should go for a stake sale, bring in new promoters or new money into their NBFCs

Banks will have to take balanced call on NBFC crisis: RBI's Shaktikanta Das
Updated On : 20 Sep 2019 | 1:36 AM IST

Room for more rate cuts but govt has little room for fiscal expansion: Das

"Despite rising external risks, domestic economy is resilient as foreign debt is only 19.7 per cent of GDP," said the RBI governor

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Updated On : 19 Sep 2019 | 8:59 PM IST

Utilising RBI's revaluation balances a moral hazard: Bimal Jalan panel

The committee said it will become a precedent for using rupee depreciation to fund fiscal expenditure

Utilising RBI's revaluation balances a moral hazard: Bimal Jalan panel
Updated On : 28 Aug 2019 | 9:15 PM IST

Time to formally link rates to repo, says RBI Governor Shaktikanta Das

Shaktikanta Das likely to initiate required steps in coming weeks

Time to formally link rates to repo, says RBI Governor Shaktikanta Das
Updated On : 20 Aug 2019 | 12:54 AM IST

The importance of being Acharya's successor

There have been many instances of the deputy governor in charge of monetary policy moving into the corner room in RBI

The importance of being Acharya's successor
Updated On : 19 Aug 2019 | 8:10 PM IST

RBI Governor Shaktikanta Das takes public sector banks to task on rate cut

Das says banks must improve their recovery mechanism

RBI Governor Shaktikanta Das takes public sector banks to task on rate cut
Updated On : 16 Aug 2019 | 8:18 PM IST

Banks so far passed on only 29 bps to borrowers of RBI's 75 bps cuts: Das

He said banks have taken this stance despite financial markets, on which they depend for money, moving in tandem with the RBI actions and fully absorbing them rate cuts

Banks so far passed on only 29 bps to borrowers of RBI's 75 bps cuts: Das
Updated On : 16 Aug 2019 | 8:17 PM IST

Uncertain times ahead, EMs lack safety net: RBI governor Shaktikanta Das

The general government debt of AEs as a group has surpassed 100 per cent of gross domestic product (GDP), whereas the fiscal space is also constrained in many of these countries

Uncertain times ahead, EMs lack safety net: RBI governor Shaktikanta Das
Updated On : 27 Jul 2019 | 3:17 AM IST