Page 20 - Shaktikanta Das

RBI monetary policy: Repo rate unchanged, what do experts say about it?

RBI repo rate: RBI governor Shaktikanta Das said that the MPC decided unanimously to keep the benchmark rate unchanged at 6.5 per cent

50% of Rs 2,000 notes returned to banks since announcement: RBI Guv Das

RBI governor Shaktikanta Das added that out of all the notes that have been coming back, 85 per cent have come back in the form of bank deposits

Indian shares rise after RBI keeps repo rate unchanged at 6.5% in MPC meet

The Indian rupee remained mostly unchanged after the policy decision, while the benchmark 10-year bond yield rose to 7.01%

RBI Policy: Repo rate unchanged at 6.5%, RBI cuts FY24 inflation projection

RBI Monetary Policy: The rate-setting committee decided to continue with its stance of 'withdrawal of accommodation'

RBI policy 2023: A look at the existing repo rate, trends and other figures

RBI policy: Shaktikanta Das will announce the MPC decision today at 10 am

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

Rupee set to touch 83-per US dollar mark if RBI remains on hold this week

Thursday's policy review will help shape the rupee's fortunes, with traders expecting little reprieve after the currency fell under the weight of a stronger greenback in May

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

Status quo on rate, but will the stance change?

We have come to the end of the rate-hike cycle. The speculation is on the timing of the first rate cut. It won't happen anytime soon

RBI governor Shaktikanta Das cautions bank boards against loan evergreening

Gaps in governance of certain banks has potential to cause some degree of volatility, he says

LIVE: 'Blatant affront to democratic ethos,' NDA slams Oppn's decision

Catch live updates from across the globe here

Day 2 of Rs 2,000 note exchange has banks running out of cash for exchange

Some banks had to temporarily halt exchanges of Rs 2,000 currency notes as they waited for supply of currency notes to be replenished

Inflation war not over; FY23 growth may top 7%: RBI Guv Shaktikanta Das

Entire exercise of withdrawing Rs 2,000 note will be completed in a non-disruptive manner, says Das

War on inflation not over, we have to remain alert: RBI Guv Shaktikanta Das

Das said that India's GDP growth rate in FY23 may come out to be more than earlier predictions of 7%

Impact of Rs 2,000 notes withdrawal marginal on economy: Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Monday said the impact of withdrawal of Rs 2,000 currency notes will be "very very marginal" on the economy because it accounts for only 10.8 per cent of currency in circulation. Describing the withdrawal exercise as part of currency management operations of the Reserve Bank, he said, he expects most of the withdrawn Rs 2,000 notes to be returned to the exchequer by the deadline of September 30. Talking to reporters, Das said, "the impact of this on the economy will be very very marginal because it is only 10.8 per cent of currency in circulation. As you know that Rs 2,000 notes were not commonly used in any transaction We have found that it is hardly being used for carrying out transactions. Therefore, economic activity will not be impacted." As part of a clean note policy, he said, RBI has been conducting such exercise of withdrawal of currency notes from time to time and such exercise was undertaken in 2013-14, whereby the notes which we

Provide adequate infra at branches for Rs 2,000 note exchange: RBI to banks

RBI governor Shaktikanta Das said that after September 30, the further decision will be taken based on the number of notes deposited

Low inflation shows RBI Policy is effective: Governor Shaktikanta Das

The impact of the recent unseasonal rain and hailstorms, however, needs to be watched

Looking closely at banks' business models: RBI governor Shaktikanta Das

Citing the recent bank failures in the US and in Europe, Das said risks for individual banks would crop up from their balance sheet, which might have been considered safer

Resilient bank must be financially, organisationally strong: RBI Guv Das

Hinting at cyber risks, the RBI Governor said that it has been identified as the foremost in top 10 operational risks for 2023 based on a global survey of financial institutions

Poor biz models may have triggered crisis in US banks: RBI Governor Das

Governor Shaktikanta Das on Thursday said the Reserve Bank is having a closer look at domestic lenders' business models as it feels that poor strategies can trigger a crisis. The Governor of the Indian central bank also said that the recent developments in the US, which has seen the implosion of lenders like Silicon Valley Bank and a rush to limit the contagion of stress across the system, may be because of poor business models. He added that Indian banks have been able to stay resilient and have not been impacted adversely by the "recent sparks of financial instability seen in some advanced economies" courtesy the work done in this aspect by RBI and the banks themselves. "The recent developments in the US raise a question whether the business model of individual banks that have faced challenges whether the business models were right," Das said. "The RBI has started looking at the business models of banks more closely deficiencies (in it) can spark a crisis," Das said, speaking at