Representational image only. | Photo Credit: Reuters The Reserve Bank of India’s (RBI) rate-setting panel on April 3 started its three-day meeting amid expectations that the Central bank may go for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022. Reserve Bank […]
Continue ReadingFormer RBI Governor D. Subbarao. File | Photo Credit: The Hindu The decision of some States to restart Old Pension Scheme will be decidedly a regressive move and will provide more privilege to government servants at the cost of larger public, majority of which has no social safety net, former RBI governor D. Subbarao has said. Under Old Pension Scheme […]
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Reserve Bank of India governor Shaktikanta Das, at a press conference at the RBI head office, in Mumbai, on December 7, 2022. | Photo Credit: AP Asserting that the newly-introduced Central bank digital currency (CBDC) does not leave any trail with a bank, RBI governor Shaktikanta Das on December 7 said there is no need […]
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Representational image only. | Photo Credit: Twitter/@ASSOCHAM4India Industry body Assocham on December 2 asked the Reserve Bank of India (RBI), which has hiked the key policy rate by 190 basis points since May, to moderate the interest rate hikes so that it does not have adverse impact on nascent economic recovery. RBI Governor Shaktikanta Das […]
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Inflation has been trending above the RBI’s upper tolerance level of 6% since January this year. Inflation has been trending above the RBI’s upper tolerance level of 6% since January this year. RBI Governor Shaktikanta Das on November 12 said there was no need to change the inflation target despite the Central bank’s failure to […]
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The 597th meeting of the Board was held at the Reserve Bank of India’s Regional Office in Jaipur. The meeting was chaired by RBI Governor Shaktikanta Das. The 597th meeting of the Board was held at the Reserve Bank of India’s Regional Office in Jaipur. The meeting was chaired by RBI Governor Shaktikanta Das. The […]
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Shaktikanta Das said country’s current account deficit will be manageable and the central bank has the ability to manage the gap Shaktikanta Das said country’s current account deficit will be manageable and the central bank has the ability to manage the gap Reserve Bank of India Governor Shaktikanta Das on August 5, 2022 said the […]
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The under-performance of the country in terms of economic growth “seems to indicate the path we are going on needs rethinking”, said former RBI Governor Raghuram Rajan at the All India Professionals Congress conclave The under-performance of the country in terms of economic growth “seems to indicate the path we are going on needs rethinking”, […]
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Reserve Bank of India (RBI) Governor Shaktikanta Das stressed on Friday that while the central bank was committed to ensuring that the rupee finds its level in line with its fundamentals and does not target any particular level for the rupee, it would intervene decisively to iron out any volatile or bumpy movements in the […]
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Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as a “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. Reserve […]
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