Page 46 - Shaktikanta Das

RBI proposes liquidity enhancing measures for RRBs, directions to come soon

After banks and NBFCs, the Reserve Bank of India (RBI) has now decided to facilitate a more efficient liquidity management in Regional Rural Banks

RBI to introduce digital payment security control directions: Governor Das

RBI Governor Shaktikanta Das said the central bank will be introducing digital payment security control directions for regulated entities

RBI asks banks to retain profit, not make any dividend payment for FY20

In view of the economic shock caused by Covid-19, the Reserve Bank of India asked scheduled commercial banks and co-operative banks not to make any dividends for the financial year ended March 2020

RTGS to be made available 24X7 in next few days: RBI Governor

RBI said that the Real Time Gross Settlement (RTGS) system, used for large value transactions, will be made available round-the-clock in the next few days

RBI pegs retail inflation at 6.8 percent for the December quarter

The Reserve Bank of India said retail inflation is likely to remain elevated and pegged it at 6.8 per cent for the third quarter of the current fiscal

RBI strengthens grievance redress framework of banks for better service

RBI has decided to put in place a comprehensive framework to strengthen and improve the efficacy of the internal grievance redress mechanism of the banks and to provide better customer service

Economy to contract at 7.5 per cent for FY21 due to Covid-19 impact: RBI

The Reserve Bank of India revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent

Sensex, Nifty hit record highs as RBI kept rates steady amid high inflation

Indian shares hit record highs after the country's central bank kept interest rates steady in the face of stubbornly high inflation, while also retaining its accommodative monetary policy stance

RBI Monetary policy LIVE: FY21 GDP contraction outlook revised to 7.5%

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

Economic recovery stronger than expected: RBI governor Shaktikanta Das

The RBI is scheduled to announce its monetary policy next week where it is expected to give its outlook on growth

Indian economy exhibited stronger pick up than expected: RBI Governor

Shaktikanta Das said that monetary policy guidance in October emphasised the need to see through temporary inflation pressures

A glut of cash chasing assets in India causes short-term rates to plunge

Banks have parked 6.1 trillion rupees ($82.5 billion) of excess cash with the central bank at the reverse repo rate of 3.35%

Banking reforms: The real metrics

Under Shaktikanta Das, RBI has been moving speedily on banking reforms. The most crucial question is, will any of this mean a big difference to the quality and cost of banking services for depositors?

Sensex to rise 15% more to 50,000 by December 2021: Morgan Stanley Report

The report by American brokerage Morgan Stanley comes at a time when many experts, including RBI Governor Shaktikanta Das, have noted the disconnect between the real economy and the markets

RBI policymakers spar over high inflation forecasts, steep yield curve

For months now, inflation has exceeded the central bank's tolerance band and held it back from cutting rates

RBI Governor Das recovers from Covid-19, will join office next week

Reserve Bank of India Governor Shaktikanta Das said he has turned coronavirus negative and will join office next week

RBI Governor stresses need for strengthening preventive vigilance framework

He was speaking at a panel discussion organised by the central bank as part of the ''Vigilance Awareness Week 2020''

How Covid-19 disruptions and food inflation have worsened RBI's trilemma

In India, with supply chain disruptions and food prices pushing inflation stubbornly above target, handling the trinity is looking tougher

RBI Guv Shaktikanta Das Covid-19 positive, alerts those in touch recently

Das said he is asymptomatic and will continue to work in isolation

Rate cut will depend upon moderation in inflation: RBI Guv Shaktikanta Das

The reconstituted MPC, which met from October 7 to 9, had decided to keep the benchmark lending rates unchanged in view of the hardening of retail inflation