Singapore/IBNS: Even as consumer price index (CPI) inflation has softened to the 2-6 percent tolerance band, there is still a ‘distance to cover’, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday (Sept. 13), signaling the central bank is in no hurry to cut interest rates despite the inflation dip in the world’s fastest-growing major economy.
RBI Governor launches key digital payment initiatives Bharat BillPay, UPI Circle
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das Wednesday announced the launch of two new product offerings built by the National Payments Corporation of India (NPCI) at the Global Fintech Festival (GFF) 2024.
RBI keeps repo rate unchanged in line with market expectations
Mumbai: The Reserve Bank of India on Friday kept the key interest rates unchanged at 6.50 percent, in line with the market expectations.
In relief for borrowers, RBI keeps repo rate unchanged at 6.5%
Mumbai/UNI: In a respite for borrowers, the Reserve Bank of India's (RBI) monetary policy committee (MPC) on Thursday decided to keep the policy repo rate unchanged at 6.5 per cent.
Global economy likely to shrink but worst may be over: RBI Governor
New Delhi/IBNS: The global economy is likely to shrink significantly this year but the worst—both in terms of growth and inflation—appears to be over, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday, media reports said.
RBI increases repo rate by 50 basis points
Mumbai: RBI Governor Shaktikanta Das on Friday said the central bank's Monetary Policy Committee (MPC) has hiked the repo rate by 50 basis points (bps).
RBI Guv Shaktikanta Das cautions depositors chasing high returns, interests
New Delhi/UNI: While terming the higher deposit insurance cover of Rs five lakh as an important milestone, Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday cautioned depositors chasing higher returns.
Tenure of RBI Guv Shaktikanta Das extended by three years
New Delhi: The Indian government on Thursday extended the tenure of Reserve Bank of India Governor Shaktikanta Das by another three years.
Reserve Bank of India Governor Shaktikanta Das to make unscheduled speech today
Mumbai: Reserve Bank of India Governor Shaktikanta Das will make an unscheduled speech on Wednesday.
RBI to announce Monetary Policy on Oct 9
Mumbai/IBNS: The Reserve Bank of India (RBI) will announce monetary policy on October 9.
New measures to restructure loans by banks a 'durable' resolution says RBI Governor
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.
Swift action will be taken to revive Yes Bank: RBI Governor Shaktikanta Das
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
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.
RBI Governor Shaktikanta Das gives "out of the box" idea on policy rate changes
Washington, Apr 13 (UNI) Reserve Bank of India Governor Shaktikanta Das has an "out of the box" idea that interest rate changes could be in terms of 10 basis points or 35 basis points so that central bank's response will not complicate its stance in a volatile situation.
We believe liquidity needs are largely met: RBI Governor Shaktikanta Das
Mumbai, Jan 7 (IBNS): RBI governor Shaktikanta Das on Monday said steps will be taken if there is a liquidity shortage in the economy.