Tag: Shaktikanta Das
17 Results
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Digital payments ecosystem transformed governance, financial inclusion in India: PM Modi
"We need to collectively work to strengthen multilateral development banks for many global challenges, like climate change," PM Modi said during the meeting.
February 24, 2023 -
India is differently placed, at low risk of recession: RBI Governer
Reserve Bank of India Governor Shaktikanta Das said a synchronised tightening of monetary policy globally has progressively increased the risk of a hard landing, which is a recession to tame inflation. India, however, is differently placed.
November 20, 2022 -
PM Modi dedicates 75 digital banking units to the nation
Prime Minister Narendra Modi on Sunday dedicated 75 Digital Banking Units (DBUs) across 75 districts via video conferencing. DBUs are specialized branches for delivering digital banking products where people can withdraw and deposit money 24*7.
October 16, 2022 -
RBI governor launches advanced supervisory monitory system – Daksh
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, launched a new 'SupTech' initiative Daksh - the central bank's advanced monitoring system - which is expected to make the supervisory processes more robust.
October 7, 2022 -
RBI Governor says global trade rebounding; pitches for policy support for exports sector
Further, the governor said that India's exports in March, April and May this year have seen an upswing, which is evident of the sector's potential.
June 4, 2021 -
RBI to approves transfer Rs 99,122 crore as surplus to Centre
The decision was taken at the 589th meeting of the Central Board under the chairmanship of RBI Governor Shaktikanta Das, through video conference.
May 21, 2021 -
RBI announces Rs 50K cr liquidity window for Covid-related health services
The loans would be for tenors of up to three years, said the RBI Governor Shaktikanta Das during a virtual address.
May 5, 2021 -
RBI, Centre share similar concerns on cryptocurrencies, says Shaktikanta Das
Das on Thursday said the RBI continues its work on a digital version of a fiat currency and is currently "assessing the financial stability implications of introducing such a Central Bank Digital Currency (CBDC)".
March 25, 2021 -
FY22 growth estimate of 10.5% need not be revised: RBI Guv
Speaking at the India Economic Conclave, Das said that now the world knows the dangers of the Covid-19 pandemic and it is not as in the case of 2020 when there was complete uncertainty.
March 25, 2021 -
Regulation should not constrain innovation in fintech space: RBI guv
The governor also said that maintaining banking sector health with a strong capital base and ethics-driven governance remains a policy priority.
March 25, 2021 -
Centre, states need to coordinate on fuel prices, says Shaktikanta Das
“We do realise that states and centre have their revenue pressures and require high sums of money to enable the country and people to come out COVID-19 stress,” Das said.
February 25, 2021 -
RBI revises retail inflation projection for Q4 FY21 to 5.2% from 5.8%
The inflation (retail) projection is revised to 5.2 per cent for Q4 of the current fiscal, Das said, adding vegetable prices are likely to remain soft in near term on the back of fresh arrivals in the market.
February 5, 2021 -
Retail investors can now directly participate in G-Sec market
The scheme called, Retail Direct, will allow direct access to retail investors via the RBI in primary and secondary markets.
February 5, 2021 -
Economic growth will only move upwards: Shaktikanta Das
Consumer confidence, it said is reviving and business expectations of manufacturing, services and infrastructure remain upbeat.
February 5, 2021 -
RBI to harmonise regulatory frameworks applicable to various microfinance lenders
Post the implementation of the law, these institutions have raised their concerns with the state government, RBI as well as with the central government.
February 5, 2021 -
Retail inflation to remain elevated in third quarter: RBI
RBI Governor Shaktikanta Das said that inflation is likely to remain elevated, barring transient relief in the winter months from prices of perishables.
December 4, 2020 -
RBI maintains accommodative stance; keeps repo rate unchanged, reverse repo rate at 3.35%
RBI had last revised its policy rate on May 22, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.
December 4, 2020