SEARCHED FOR:SHAKTIKANTA DAS
Inflation likely to be elevated in second quarter: RBI Governor Shaktikanta Das
The RBI's monetary policy committee today unanimously decided to leave the policy repo rate unchanged at 4% and the reverse repo rate at 3.35% against a backdrop of rising inflationary pressure and a grim economic outlook.
Shaktikanta Das' prescription for Covid: What's in it for borrowers, businesses and Bharat
RBI provided a fresh lifeline to millions of stres...
Shaktikanta Das pushes for big farm reforms, says current incentives ineffective
Total foodgrain production in the country was estimated at a...
Hello India, stagflation is here! Nomura says from RBI survey
According to the RBI survey, household's one year ahead inflation expectations have climbed to 10.5 per cent in July. Such a high level was last seen in 2015-2016, Nomura India said.
Banks should raise capital proactively: RBI Governor Shaktikanta Das
As per the latest Financial Stability Report (FSR) released by the Reserve Bank, gross non-performing assets of all banks may jump to 12.5 per cent by the end of this fiscal under the baseline scenario, from 8.5 per cent in March 2020.
Banks need to raise capital on anticipatory basis: RBI Governor Shaktikanta Das
"In such a situation, it has become a lot more important that the banks have to improve their governance, sharpen their risk management skills and banks have to raise capital on an anticipatory basis instead of waiting for a situation to arise. "Proactively, it is necessary for both public and private sector banks to build up adequate capital buffers," Das said at SBI's banking and economic conclave.
No extension of loan moratorium, but RBI introduces debt resolution plan for eligible borrowers
Analysts said the step was in the right direction and would cover roughly 50-55 per cent of the loans in the banking system.
High liquidity to push borrowing costs lower: RBI
"It may be noted that transmission of the rate cuts by the MPC would not have been possible to the extent achieved so far without creating comfortable liquidity conditions," said Das.
Why Kamath heading loan recast panel irks bankers
The RBI, last week, had announced the setting up of an Expert Committee on Resolution Framework for Covid19-related Stress under Kamath’s leadership.
RBI shifts gear on NBFC liquidity concerns, says financing in best shape since IL&FS implosion
“Market financing conditions for NBFCs, which had become challenging, have largely stabilised in the wake of targeted policy measures,” RBI Governor Shaktikanta Das said Thursday.
RBI monetary policy: MPC keeps repo rate, reverse repo rate unchanged; maintains accommodative stance
The six-member monetary policy committee (MPC) of the Reserve Bank of India, headed by Governor Shaktikanta Das, on Thursday maintained stat...
Sensex rises 200 points ahead of RBI meet outcome; Nifty above 11,150
Street analysts are expecting further rate cuts from the Shaktikanta Das-led panel
Conditions for the stressed debt funds have stabilised, says RBI
“Mutual funds have stabilised since the Franklin Templeton episode. Assets under management of debt mutual funds, which fell to Rs 12.20 lakh crore as on April 29, 2020, recovered and improved to Rs 13.89 lakh crore as on July 31, 2020,” said Shaktikanta Das, Governor, RBI.
Why MPC voted for status quo? Full text of RBI Governor's speech
RBI Governor Shaktikanta Das said the central bank would remain “watchful for a durable reduction in inflation to use the available space to support the revival of the economy.”
RBI keeps repo rate unchanged at 4%, maintains accommodative stance
Various economists had expected the central bank to overlook a 6 per cent-plus inflation rate and bat for reviving growth with a 25 basis points repo rate.