During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively
Touches upon current economic situation, emphasises banking sector's importance in supporting ongoing revival in economic activities
These issues weren't discussed in such details in policy statement, or in post-policy press conference, even when the members seemingly unanimously voted to keep policy rate unchanged at 4%
How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off
In this regard, credit bureaus and the proposed Public Credit Registry (PCR) framework can improve the flow of credit as well as credit culture in the country, according to the governor
Here's a selection of Business Standard opinion pieces for the day
Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn
Governor Das has to take a call soon on unwinding stimulus
Economists praise Shaktikanta Das for his pragmatism and willingness to face challenges head on
Higher inflation tolerance will increase risks
PEs have deep pockets with the ability to recapitalise the bank as and when needed
If shareholders can throw the chairman and MD out, where is the sanctity of the RBI approval for such appointments?
Central bank, which yesterday pulled up HDFC Bank for multiple outages of its digital services, is checking why SBI's YONO application went down.
The rate pause was on expected lines, and all the six members on the Monetary Policy Committee were unanimous on the matter
Over the past two years we have strengthened and deepened our supervisory systems, said Das
The benchmark indices gained for the fourth straight session and fifth straight week - the longest run of weekly gains since July
RBI's Internal Working Group's (IWG) suggestion to allow corporates into banking has received sharp criticism from experts
The last date for submission of EoI by potential investors is December 15.
All that happened in the markets today
Reserve Bank Governor on Friday said growth rate is likely to turn positive in the second half of the current financial year.