RBI's change in stance as good as additional 25 bps rate cut: Shaktikanta Das
While the RBI has cut rates 75 bps since the start of 2019, banks have only eased their key rate by 15-20 bps.
Jul 22, 2019, 10:21 AM IST
Economic activity clearly losing traction: Das said at MPC meet
Das, as per the minutes of the June 3-6 Monetary Policy Committee, said that since the last meeting of the rate-setting panel in April 2019, greater clarity has emerged about the evolving macroeconomic situation.
Jun 21, 2019, 11:07 AM IST
Economic activity losing traction, needs decisive monetary policy: RBI Governor at MPC meet
The Indian economy has been clearly losing traction and needs a decisive monetary policy to promote growth, said Reserve Bank of India Governor Shaktikanta Das while voting for a 25 basis points (bps) rate cut along with other five members at the MPC meet earlier this month.
Jun 20, 2019, 20:27 PM IST
Nirmala Sitharaman to attend G-20 Finance Ministers' meeting in Japan
Besides Sitharaman, RBI Governor Shaktikanta Das is also likely to attend the meeting at Fukuoka in Japan.
Jun 05, 2019, 11:41 AM IST
India to cut rates in June, but analysts split on if it should: Poll
Under Governor Shaktikanta Das, who took over as RBI governor from Urjit Patel in December last year, the central bank delivered rate cuts at its previous two meetings, in February and April.
May 29, 2019, 10:02 AM IST
Home, auto loans set to be cheaper as RBI cuts repo rate by 25 bps to 6%
After the rate reductions, the reversed repo rate stands adjusted at 5.75 percent.
Apr 04, 2019, 11:54 AM IST
RBI to announce first bi-monthly monetary policy of 2019-20 shortly
The Monetary Policy Committee headed by RBI Governor Shaktikanta Das will announce the resolution of the meeting at around 11.45 today.
Apr 04, 2019, 10:06 AM IST
RBI to issue guidelines on regulatory sandbox in next two months: Das
A regulatory sandbox is a framework set up by a regulator that allows FinTech startups to conduct live experiments in a controlled environment under supervision.
Mar 25, 2019, 14:41 PM IST
RBI Governor to meet heads of payments banks later this week
As many as seven payments banks have commenced their operations.
Mar 25, 2019, 12:22 PM IST
RBI board warned of noteban's short-term impact on economy; no material effect on black money
Curbing black money was one of the prime objectives of the shock move to junk old Rs 500 and 1,000 notes.
Mar 11, 2019, 18:08 PM IST
Rating agencies play critical role in providing stability to financial sector: RBI Guv
Das Thursday held a meeting with top officials of credit rating agencies as part of stakeholder consultation exercise.
Mar 08, 2019, 18:10 PM IST
Will meet bank heads on Feb 21 on transmission of rate cut, says RBI Guv
Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent.
Feb 18, 2019, 13:32 PM IST
After a surprise rate cut, Das promises more if inflation falls
The surprise 25 basis points rate cut to 6.25 percent is a measure to broad base credit growth across all the sectors of the economy that's gathering more steam now, the governor said.
Feb 08, 2019, 10:01 AM IST
Chanda Kochhar case: RBI says law will take its own course
The role of the regulator is limited to looking at the violations of its regulations by individuals or groups, and act on the same, governor Shaktikanta Das said.
Feb 08, 2019, 09:59 AM IST
RBI raises collateral-free farm loan limit to Rs 1.6 lakh
The central bank also decided to set up an internal working group (IWG) to review agricultural credit and arrive at a workable policy solution.
Feb 07, 2019, 13:50 PM IST
RBI to ensure adequate liquidity to all sectors
The central bank also cut its estimates on headline inflation.
Feb 07, 2019, 13:45 PM IST
RBI projects 7.4% GDP growth for FY20
The CSO has estimated GDP growth at 7.2 percent for 2018-19.
Feb 07, 2019, 12:43 PM IST
RBI cuts inflation forecast to 2.8% for Q419; 3.2-3.4% for H1FY20
For the third quarter of 2019-20, the inflation target is set at 3.9 percent.
Feb 07, 2019, 12:42 PM IST
Home, auto loans set to be cheaper as RBI Governor Shaktikanta Das cuts interest rates by 0.25%
This is Das' first monetary policy review after taking charge as the RBI Governor, replacing Urjit Patel.
Feb 07, 2019, 11:49 AM IST
RBI Governor Shaktikanta Das to present maiden monetary policy today
Deviating from the practice of releasing the resolution of MPC in afternoon, the RBI will place it on its website at 11.45 am today.
Feb 07, 2019, 10:18 AM IST
