Page 5 - Shaktikanta Das

Inflation to moderate from 4th quarter but global conflicts pose risks: Das

Balance between inflation & growth is well-poised, the Indian economy reflects a picture of stability and strength, said Shaktikanta Das

Cryptocurrencies huge risks to financial stability, says RBI Guv Das

Cryptocurrencies are huge risks to financial stability, and monetary stability, Reserve Bank of India Governor Shantikanta Das said Friday, asserting it may create a situation where the central bank may lose control of money supply in the economy. I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses risks to the banking system. It also may create a situation where the central bank may lose control of money supply in the economy, RBI Governor Shantikanta Das said during his appearance at the Peterson Institute for International Economics, a think-tank. If the central bank loses control of money supply in the economy, how does the central bank check liquidity available in the system? How does a central bank control inflation by squeezing money supply or by losing money supply in times of crisis? So, we see crypto as a big risk,

We don't want to join any party: RBI Guv on rate cut by other central banks

We are not managing the exchange rate, Das clarified

RBI cracks down on shadow banks over high-interest loans, rule violations

The Reserve Bank of India ordered four shadow banks to stop sanctioning new loans because of high interest rate charges to customers

Over-reliance on AI poses financial stability risks: RBI Governor Das

Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored

Inflation horse brought to the stable, has to be kept on a tight leash: RBI

While the September inflation print may see a significant pick-up as base effects turn adverse and food prices register an upturn, food inflation, the RBI said, is expected to ease by Q4:2024-25

Heavy reliance on AI can lead to concentration risks, says RBI governor

Banks have to ride on the advantages of AI and Bigtech and not allow the latter to ride on them, says Das

Feasibility of expanding RTGS to settle transactions can be explored: Das

Divergence in global monetary policies can be expected to lead to volatility in capital flows and exchange rates, which may disrupt financial stability, says Das

RBI decides to hold policy repo rate; changes stance gear to neutral

Das says inflation-growth balance well-poised; rates may start falling from Dec

RBI keeps rate unchanged: What does this mean for borrowers, savers, and investors?

The Reserve Bank of India (RBI) has once again kept the repo rate unchanged at 6.5% during its October 9 meeting. This marks the tenth consecutive time it has held the rate steady.

RBI holds repo rate, adopts neutral stance, opens door for rate cut

If we see higher inflation in September-October and 7% GDP growth in September quarter, will the RBI go for a rate cut in December? Or, will that be pushed to February?

Growth at any cost approach of some NBFCs poses risks: RBI Governor

Regulator closely monitoring situation and will not hesitate to take appropriate action, he says

Greater confidence that inflation moderating in Q3...but risks remain: Das

We have to be very careful because there is every chance that inflation will simply bolt again, says Das

RBI MPC meet: Repo rate unchanged at 6.5%

The Monetary Policy Committee of the Reserve Bank of India on Wednesday has kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting, with a majority vote of 5-1.

RBI MPC highlights: Inflation expected to remain elevated during September, October, says Das

RBI Monetary Policy Meeting October 2024 highlights: Catch all the latest news updates on RBI's monetary policy announcements here

RBI MPC changes stance to neutral; keeps repo rate unchanged at 6.5%

MPC to 'remain unambiguously focused' on a durable alignment of inflation with the target, while supporting growth

RBI MPC: Short-term inflation risk remains in focus, says Shaktikanta Das

In a press statement after the RBI's Monetary Policy announcement, RBI Governor Shaktikanta Das said the inflation worries have eased but there is a need for greater vigilance

RBI ups UPI Lite limit for smooth payment transactions: Check revised caps

During the RBI MPC announcement, Shaktikanta Das announced increased UPI transaction limits for UPI123Pay and UPI Lite wallet, a move aimed at boosting UPI adoption

RBI policy: Prelude to future rate cuts? Inflation numbers hold the key

The policy remains open-ended on the future possibility of rate cut, which sounds reasonable given that the future course of inflation is hard to gauge

RBI policy: MPC keeps repo rate unchanged at 6.5%, shifts stance to neutral

Governor Shaktikanta Das said that India's real GDP grew by 6.7 per cent in Q1. For FY25, the RBI kept its GDP projection unchanged at 7.2 per cent