Page 3 - Shaktikanta Das

Penal charges by lenders on RBI radar, to come out with a paper: Das

Das also said RBI has decided to extend UPI to inbound travellers, expanding the scope of Trade Receivables Discounting System and launch a pilot project on QR Code-based Coin Vending Machines

RBI Monetary Policy: Repo rate up by 25 bps, FY23 inflation pegged at 6.5%

RBI MPC: Shaktikanta Das said that the repo rate hike of 25 bps is considered appropriate at this juncture but the monetary policy will remain agile to inflation

RBI MPC: When and where to watch policy announcement by Shaktikanta Das

RBI monetary policy: In December, Das had said that despite consecutive rate hikes, core inflation had continued to remain 'sticky'

Expect 25-bp hike before RBI presses pause button

The rate-increase cycle, which started in May 2022, raising the policy rate from 4 to 6.25 per cent to fight entrenched inflation, is nearing its end

Cryptocurrencies equivalent to gambling, says RBI Guv Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies are equivalent to gambling, as their perceived value is only make believe

Focus must stay on core inflation, says RBI governor Shaktikanta Das

Banks developed culture of prudence; corporate loan demand to pick up

Cryptos are nothing but gambling, their value only make-believe: RBI Guv

On the CBDC being piloted now, he said central banks issued digital currencies are the future of money and its adoption can help save on logistic and printing costs

Price stability top priority for South Asia: RBI governor Shaktikanta Das

'Approach to disinflation' needs to consider risks to growth outlook, says Shaktikanta Das

Govt, RBI discussing rupee trade with S Asian nations: Shaktikanta Das

The Governor outlined six policy priorities before the South Asian region to deal with critical challenges arising due to Covid, inflation, financial market tightening and the Russia-Ukraine war

Top headlines: PM Modi's mother passes away, bank's NPA ratio at 10-yr low

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Indian economy resilient amid global shocks: RBI Governor Shaktikanta Das

Inflation is forecast to rise to 8.8 per cent in 2022, with both headline and core inflation staying well above targets in AEs and EMDEs, the report noted

Indian economy resilient in face of global headwinds, says RBI Governor

Amid global shocks and challenges, the Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability, RBI Governor Shaktikanta Das said on Thursday. In his foreword to the 26th Financial Stability Report (FSR), Das said the international economic order stands challenged and financial markets are in turmoil due to monetary tightening in most parts of the world. Food and energy supplies and prices are under strain, debt distress is staring at many emerging market and developing economies, and every economy is grappling with multiple challenges, he said. "Amidst such global shocks and challenges, the Indian economy presents a picture of resilience. Financial stability has been maintained. Domestic financial markets have remained stable and fully functional. The banking system is sound and well-capitalised," Das said. In spite of formidable global headwinds, he said that India's external accounts remain ...

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Costs and benefits

Cryptos are speculative but underlying tech has merits

I'm sometimes reminded I'm supposed to have done history; I don't mind: Das

RBI Governor Shaktikanta Das on Wednesday replied to the 'history major central bank governor' taunt faced by him, questioning if Argentinian football legend Lionel Messi is also a post-graduate in history. An interviewer anchoring a fireside chat at a summit organised by Business Standard compared his position to an opponent facing Messi at a football arena in Qatar, to which Das replied with wit. "Don't mind it, but was Messi also a post-graduate in history? Not often, but I am sometimes reminded by people that I am supposed to have done history," Das said. Das, a bureaucrat who has done master's degree in history from Delhi University's St Stephen's College, was brought in as the RBI governor after the sudden exit of Urjit Patel in December 2018 following differences with the government. The first non-economist governor of the RBI in 28 years, Das recently completed four years at the helm, captaining the ship amid choppy waters and taking on crises like the Covid pandemic and th

TMS Ep330: SEBI on buybacks, BFSI Insight Summit, dairy stocks, Matter

Will Sebi's latest decisions enhance value for shareholders? Why is the RBI Guv worried about cryptocurrencies? Will the dairy sector see margin relief in FY23? What is Matter? All answers here

Why is the RBI Guv worried about cryptocurrencies?

Business Standard's BFSI Insight Summit kicked off on Wednesday with a keynote fireside chat with the RBI Governor Shaktikanta Das, moderated by consulting editor Tamal Bandhopadhyay. Excerpts here

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Elections not a factor for monetary policy: RBI governor at BFSI Summit

Direction and speed of inflation important, not just number: Shaktikanta Das

BFSI Summit: Credit growth not exuberant, shows economic strength, says Das

'Loan-deposit growth gap due to base effect; high-frequency indicators in green zone'