Aug 28, 2020, at 12:57 am
Mumbai/IBNS: The Reserve Bank of India’s (RBI) framework for Covid-19 solutions is well thought and taken after due consultations, Governor Shaktikanta Das said Thursday, adding that the central bank’s response to COVID-19 is unprecedented.
New measures to restructure loans by banks a 'durable' resolution says RBI Governor
Aug 25, 2020, at 04:25 am
Mumbai/IBNS: Ahead of the expiry of the six-month loan repayment freeze on August 31, Reserve Bank of India Governor Shakti Kanta Das in an interview to CNBC Awaz said the new measures introduced to enable the banks to restructure loans will provide a "durable" resolution to the businesses constrained for money due to Covid-19, save jobs and in turn revive the economy, said a Bloomberg report.
RBI keeps key rates unchanged after policy review
Aug 06, 2020, at 07:01 pm
Mumbai/UNI: Maintaining an accommodative stance, the Reserve Bank of India (RBI) on Thursday kept key rates unchanged.
RBI predicts increase in gross NPAs of banks to 12.5 pc by March 2021
Jul 25, 2020, at 03:32 am
Mumbai/IBNS: The Reserve Bank of India released the Financial Stability Report (FSR) on Friday.
Economy showing signs of improvement but medium term outlook still uncertain: RBI Governor
Jul 11, 2020, at 08:35 pm
Mumbai/IBNS: RBI Governor Shakti Kanta Das has said the economy has started showing signs of improvement with the easing of over two months of strict lockdown but "a very careful trajectory" has to be followed after the pandemic is over.
RBI cuts repo rate from 4 pct to 3.75 pct
Apr 17, 2020, at 10:38 am
New Delhi/IBNS: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced reducing the reverse repo rate from 4 percent to 3.75 percent.
Indian economy is not immune to COVID19 pandemic: RBI Guv Shaktikanta Das
Mar 16, 2020, at 06:38 pm
New Delhi/IBNS: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said India is not immune to the COVID 19 infection and the country's economy will be impacted along with global economies due to it.
Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman
Mar 07, 2020, at 11:11 am
Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
Mar 06, 2020, at 04:03 pm
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
Yes Bank customers throng branches after RBI puts restriction on withdrawal
Mar 06, 2020, at 03:13 pm
Lucknow/UNI: Customers of Yes Bank rushed to their branches on Friday after they were informed through media and other sources, that RBI has put restriction on their withdrawal till April 3.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
Mar 06, 2020, at 03:05 pm
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
Swift action will be taken to revive Yes Bank: RBI Governor Shaktikanta Das
Mar 06, 2020, at 11:43 am
Mumbai/IBNS: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said the crisis-hit Yes Bank will be revived by the country's central bank very "swiftly" and "fast".
RBI governor hails govt move to slash corp tax, says it will help economy
Sep 20, 2019, at 02:27 pm
New Delhi: Minutes after Union Finance Minister Nirmala Sitharaman announced corporate tax rate cuts, Reserve Bank of India Governor Shaktikanta Das hailed the move and called it a 'bold & welcome' step to put the growth engine back on track.
System has more than surplus liquidity: RBI Guv
Jul 08, 2019, at 07:22 pm
New Delhi, Jul 8 (UNI): The system has more than adequate surplus capital liquidity and the Government has announced liquidity backstop for banks to implement NBFC package that Finance Minister Nirmala Sitharaman had outlined in the Budget 2019-20, RBI Governor Shaktikanta Das said on Monday.
RBI governor Shakti Kanta Das meets Union Finance Minister Nirmala Sitharaman
Jun 19, 2019, at 05:04 pm
New Delhi, June 19 (IBNS): Reserve Bank of India Governor Shakti Kanta Das called on Union Finance Minister Nirmala Sitharaman on Wednesday.
Loans could get cheaper as RBI cuts repo rate by 25 bps to 5.75 pc
Jun 06, 2019, at 01:00 pm
Mumbai, Jun 6 (UNI): Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis points (bps) to 5.75 per cent with immediate effect in its second bi-monthly monetary policy, RBI Governor Shaktikanta Das said.
We believe liquidity needs are largely met: RBI Governor Shaktikanta Das
Jan 07, 2019, at 04:20 pm
Mumbai, Jan 7 (IBNS): RBI governor Shaktikanta Das on Monday said steps will be taken if there is a liquidity shortage in the economy.
Shaktikanta Das soon to take over as RBI Governor
Dec 12, 2018, at 01:08 pm
Mumbai, Dec 12 (IBNS) : Shaktikanta Das, the newly appointed Governor of Reserve Bank of India (RBI), resigned as member of the 15th Finance Commission on Tuesday and is expected to take charge of the Central bank in a day or two, media reports said.