Reserve Bank of India Governor Shaktikanta Das. File photo | Photo Credit: PTI Reserve Bank of India Governor Shaktikanta Das on Wednesday, December 21, 2022 said underlying economic activity in India continues to be strong, but external factors will cause some “dent” to the economy. Speaking at the BFSI Insight Summit 2022 organised by Business […]
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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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Reserve Bank of India (RBI) Governor Shaktikanta Das, arrives to address a press conference on RBI’s monetary policy at RBI headquarters in Mumbai, India, Wednesday, December 7, 2022. | Photo Credit: AP Resident entities from India will now be permitted to hedge gold price risks at the International Financial Services Centre, RBI Governor Shaktikanta Das […]
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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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Governor Shaktikanta Das says India’s buffers are very strong, Reserve Bank of India’s uppermost objective is to maintain price, macroeconomic stability Governor Shaktikanta Das says India’s buffers are very strong, Reserve Bank of India’s uppermost objective is to maintain price, macroeconomic stability Having weathered two major shocks — the COVID-19 pandemic and the conflict in […]
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The announcement was made by the Monetary Policy Committee (MPC) of RBI. The announcement was made by the Monetary Policy Committee (MPC) of RBI. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on September 30, 2022 increased policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. The […]
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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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