Page 43 - Shaktikanta Das

Policy normalisation path

RBI will need to do a tough balancing act

Big reforms: RBI gives retail investors direct access to govt bonds market

India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on the government bond market

An IWG taking a look at central bank digital currency: Das, Kanungo & Patra

RBI Governor Shaktikanta Das, and Deputy Governors Michael Debabrata Patra and B P Kanungo spoke on a range of topics in a post-policy press meet

Monetary policy: RBI doing exactly what AQR does, though unofficially

The Economic Survey, last week, had suggested that there should be one more round of AQR of banks after the Covid-related forbearance is over

Monetary policy to stay accommodative in near term, but exit is near

Despite the fiscal activism in the Budget, the MPC stated that the recovery was yet to gain firm traction and needed continued policy support

MPC in 2 minutes: Here're the key development and regulatory steps

The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme

RBI monetary policy: Govt told to cut fuel taxes to ease inflation concerns

GDP projection revised upwards, but lower than Eco Survey's

Monetary policy: Retail interest in G-secs may be limited, say experts

HNI participation may be gradual; mutual funds see little impact on fund flows

Demand has moved beyond pent-up to actual one: RBI Guv Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said demand in the economy has moved from being of pent-up nature to actual one, and the momentum is likely to sustain.

RBI will manage high govt borrowing in FY22 non-disruptively: Das

Das exuded confidence of the Reserve Bank being able to manage the high quantum of government borrowings for the next fiscal in a 'non-disruptive' manner

RBI likely to let market determine 10-year bond yields, say analysts

This would indicate that the Reserve Bank is moving towards a new equilibrium for yields, something Governor Shaktikanta Das considers as a "public good"

Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%

The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively

RBI's monetary and Centre's fiscal policy are moving hand-in-glove

RBI has done exceptionally well in managing government's extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP

RBI Monetary Policy: Rate sensitive sectors may have been disappointed

The MPC meet outcome is neutral to different sectors. Although some sectors were eyeing for cut in rates, this was impractical going by the large spend envisaged by the Budget

Three offers received for PMC Bank resolution: RBI Governor Das

Das said three investors have submitted their offers for reconstruction of crisis-ridden Punjab and Maharashtra Co-operative (PMC) Bank and evaluation for those are underway

Retail Direct: RBI gives retail investors direct access to G-sec market

The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market. The major structural reform was announced by RBI Governor Shaktikanta Das on Friday. According to Das, India will join a select group of countries offering such facility to investors. The new arrangement, Retail Direct, will allow direct access to retail investors via the RBI. This will allow such investors to open Gilt account with the apex bank.

RBI holds interest rates steady at record lows as economic outlook improves

The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. The central bank said it will restore the cash-reserve ratio (CRR) to its normal levels in two phases, 3.5 per cent (from 3 per cent now) effective March 27, and then at 4 per cent from May.

RBI monetary policy announcements: Highlights and key takeaways

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 Monetary Policy: Resident individuals can make remittances to IFCs

RBI Monetary Policy: The Reserve Bank has announced that resident individuals can make remittances to international finance centres for purposes of investing in securities issued by non-resident companies. Watch the video.

LIVE: RBI says will undo damage inflicted on economy by Covid-19 in FY21-22

RBI Monetary policy LIVE updates: MPC voted unanimously to keep rates unchanged, said RBI governor Shaktikanta Das. Stay tuned for all the LIVE updates