Page 53 - Shaktikanta Das

Coronavirus impact: Comparing India's economy in the 2 major crisis periods

The GDP growth rates given in the chart are based on the 2011-12 base year

Moratorium a good option for the cash-starved, banks to take final call

The moratorium is for three months on payment of all instalments due between March 1, 2020, and May 31, 2020, including credit card payments

RBI opens up intervention avenue in offshore rupee derivative market

The central bank is tight-lipped on its intervention strategy, but it is suspected that it recently intervened in a huge amount in the offshore markets

A bit late, but the Reserve Bank has managed to surprise the market

No one expected a CRR cut at this time; 75 basis points cut in the policy rate at one shot has also been more than what most had expected

Corporate bonds get Rs 1-trn relief as coronavirus ignites large sell-offs

The RBI governor, in his video-streamed speech, said the central bank was taking this route as the COVID-19 pandemic has ignited large sell-offs in asset classes

A quick look at RBI's measures to arrest Covid-19 slowdown

The RBI has reduced the repo rate by 75 basis points (bps) to 4.4 per cent, and the reverse repo rate by 90 bps which now stands at 4 per cent

RBI's rate cut provides the much-needed balm to revive the economy

The repo rate has come down by 75 basis points to 4.4 per cent, while the reverse repo rate has been lowered by 90 basis points to 4 per cent now

Highlights: RBI reduces repo rate by 75 bps to 4.4%; slashes CRR by 100 bps

The Monetary Policy Committee (MPC) has decided to reduce the reverse repo rate by 90 basis points (bps) to 4 per cent, and cash reserve ratio by 100 bps to 3 per cent

Market Ahead, March 27: Top factors that could guide markets today

Crisil yesterday sharply cut its India growth estimate for 2020-21 to 3.5 per cent citing the severe dent in the economic activity due to the coronavirus pandemic

Regulatory gaps

YES Bank was an accident waiting to happen

YES Bank ATMs full of cash, normal operations from tomorrow: Prashant Kumar

"Our customers will be able to enjoy all services available before the moratorium," said Prashant Kumar at a press conference in Mumbai

Market Ahead, March 17: All you need to know before the Opening Bell

The Reserve Bank of India's decision to leave interest rates unchanged for now will also impact sentiment

Don't rush to withdraw deposits from YES Bank: RBI governor Shaktikanta Das

Das said the central bank had enough instruments for use if needed - they would be deployed at a time that would maximise impact

RBI says can't rule out any policy measure to counter coronavirus impact

RBI governor Shakikanta Das announces US dollar sell/buy swap and Long Term Repo Operation.

Covid-19 panic: RBI Gov to hold presser at 4 pm as market mayhem continues

If Guc Das announces a rate cut, it will be first inter-meeting rate reduction since the monetary policy committee was instituted in February 2016

Dear governor, why save the bullet? Use it now

Beyond perking up the economy, the RBI needs to ensure proper functioning of the bond market, the credit market and the larger financial system

YES Bank crisis: Cabinet likely to take up revival plan on March 13

RBI Governor Shaktikanta Das had met SBI Chairman Rajnish Kumar on Friday to discuss the way forward.

Foreign exchange reserves a cushion for India against virus impact: RBI guv

He stressed that a swap line was critical from the point of view of preserving global financial stability

There will be limited sectoral impact on industries from Coronavirus: Das

The comments from Das come days after the RBI assuaged markets that it will do all it can to minimise the coronavirus impact.

Distress calls, long queues at branches of Yes Bank post withdrawal limit

The bank's board has been superseded by RBI-appointed administrator Prashant Kumar, former deputy managing director and chief financial officer of SBI