Page 4 - Shaktikanta Das

Next financial crisis will come from crypto: RBI Guv Das at BFSI summit

Business Standard BFSI Insight Summit 2022: Das said that these currencies have "no underlying whatsoever" and pose a threat to macroeconomic stability

MPC members voice different views on interest rate and stance: RBI minutes

Governor Das said due to persistent core inflation, there is no room for complacency and the battle against inflation is not over

RBI governor Shaktikanta Das against pausing rate hikes: MPC minutes

MPC minutes show Das saying that in a tightening cycle, especially in a world of high uncertainty, giving out explicit forward guidance on the future path of monetary policy would be counterproductive

Business Standard's BFSI Insight Summit kicks off today

RBI Governor Shaktikanta Das will share his views on key aspects of the economy in a fireside chat

BS BFSI Insight Summit 2022: Fireside chat with RBI Guv Shaktikanta Das

Das as the RBI Governor is widely credited with having spearheaded RBI's proactive approach in handling the economic impact of the Covid-19 pandemic with 'whatever it takes' approach

BS BFSI Insight Summit: India's biggest BFSI Summit to kick off on Dec 21

The country's biggest BFSI Summit will feature some of the most prominent voices in India's economic landscape, including RBI Governor Shaktikanta Das, Deputy Governors, and SBI chairman

Liquidity slips into deficit; RBI cash injections at over one-month high

Tax outflows drive tightness; banks face pressure to raise deposit rates

Looking back at 2022: RBI's regulatory review 2.0 is a game-changer

It has taken nearly two decades for RRA 2.0 to be set up under Shaktikanta Das in November 2021; and its recommendations in June this year must surely go down as a major reform

Four years and four challenges of RBI governor

Shaktikanta Das is nimble-footed and open to ideas - a trapeze artist, and a master of the finest balancing act who listens to all but takes his own decisions

RBI advises fintechs to focus on governance, data protection issues

Das advised fintechs to pay close attention to governance, business conduct, data protection, customer centricity, regulatory compliance and risk mitigation frameworks

RBI circular permits resident entities to hedge gold price risks at IFSC

The Reserve Bank on Monday permitted resident entities to hedge their exposure to price risk of gold on exchanges in the International Financial Services Centre (IFSC). Resident entities in India are currently not permitted to hedge their exposure to price risk of gold in overseas markets. "On a review, it has been decided to permit eligible entities to hedge their exposure to price risk of gold on exchanges in the IFSC recognised by the International Financial Services Centres Authority (IFSCA)," the RBI said in a circular. An announcement in this regard was made by Reserve Bank Governor Shaktikanta Das while unveiling the bi-monthly monetary policy last week. Hedging refers to the activity of undertaking a derivative transaction to reduce an identifiable and measurable risk.

Podcast: RBI policy and inflation, a warmer winter, markets and ELSS

Does sticky core inflation mean more rate hikes by RBI? Will a warm winter affect Indian farm output? Is it time to pick fixed-income securities? What is ELSS? Listen to this podcast to know

RBI opts for smaller repo rate hike of 35 bps, hints at more to come

Main risk is core inflation remaining sticky: Governor

Does sticky core inflation mean more rate hikes by RBI?

According to the RBI governor, persistent and sticky core inflation remains a cause for concern

We've lowered size of policy rate change, RBI's Das and Patra tell media

Battle against inflation is far from over though the worst is behind us; moderation of inflation will be grudging and uneven, they say

RBI monetary policy review: Is it time to pick fixed-income securities?

Despite a repo rate increase on expected lines, equity markets edged lower as the governor rang alarm bells over sticky core inflation

Digital currency like cash, no need for lack of privacy fears: RBI Guv

RBI has decided to enhance the mandates of United Payment Interface, expand the scope of BBPS and ensure privacy of people in the case of digital currency transactions, said Governor Shaktikanta Das

Foreign regulators must respect our credibility: RBI governor on ESMA row

On Oct 31, ESMA de-recognised CCIL apparently over RBI's refusal to grant audit and inspection rights; Move has potential to hamper bond and derivative trading operations of European banks in India

Indian entities can hedge gold price risk at IFSC, says RBI Guv Das

Indian entities can hedge their exposure to gold price risk in overseas markets on recognised exchanges in the International Financial Services Centre, Gujarat, said RBI Governor Shaktikanta Das

Agriculture sector remains resilient; Rabi sowing off to strong start: RBI

Reserve Bank Governor Shaktikanta Das on Wednesday said the agriculture sector remains resilient, and the rabi sowing has got off to a strong start. However, India is expecting some moderation in kharif production due to uneven rainfall. India's total kharif crop production is estimated to moderate to 149.92 metric million tonnes (MMT) from 156.04 MMT in the previous kharif crop year, as per the first advance estimate. On the supply side, Das said, "The agricultural sector remains resilient. Rabi sowing got off to a strong start. The area sown so far is 6.8 per cent higher than the normal sown area (as on December 2, 2022)". Area sown to wheat has increased by 5.36 per cent year-on-year to 211.62 lakh hectares in the first two months of the ongoing rabi (winter) season, with higher coverage being reported in Rajasthan, Bihar and Uttar Pradesh, according to the agricultural ministry data released on Friday. The sowing of wheat, the main rabi crop, begins in October and harvesting i