Thursday, Jun 04, 2020 | Last Update : 11:31 AM IST

72nd Day Of Lockdown

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Shaktikanta Das

RBI cuts repo rate, extends loan moratorium, projects negative GDP growth

RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension

22 May 2020 11:13 AM

FM Nirmala Sitharaman postpones meet with PSB chiefs to later this week

The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments

11 May 2020 10:44 AM

RBI reviews measures to ease financial stress

The governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period

03 May 2020 9:16 AM

India's near-term growth outlook has deteriorated sharply: RBI Governor Das

Reserve Bank will remain vigilant and will not hesitate to use any instrument to mitigate the impact of Covid-19

13 Apr 2020 2:04 PM

RBI defers EMIs on all loans for 3 months

Key rate cut by an unprecedented 75 pts

27 Mar 2020 2:57 PM

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RBI reduces repo rate by 75 bps to 4.4%

The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from March 28 for 1 year

27 Mar 2020 11:46 AM

RBI will take measures to secure economy against coronavirus: Das

Globaly economy growth expected to slow down due to Coronavirus

06 Mar 2020 1:29 PM

Transmission of rate cuts will improve further: Shaktikanta Das

His comments come against the backdrop of concerns over growth of the economy, which has registered a spike in inflation

15 Feb 2020 2:14 PM

Highlights of RBI's sixth bi-monthly monetary policy statement for 2019-20

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

06 Feb 2020 1:04 PM

RBI has many other tools to revive growth, not just interest rates: Das

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

06 Feb 2020 12:50 PM

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RBI revises upwards retail inflation projection to 6.5 pc for Jan-Mar qtr

RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.

06 Feb 2020 12:36 PM

RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

06 Feb 2020 12:32 PM

RBI saw slowdown, acted ahead of time by cutting interest rates from Feb: Das

“In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

16 Dec 2019 11:52 AM

RBI to retain dovish bias going forward: report

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

07 Dec 2019 10:46 AM

RBI pegs GDP down to 5 per cent, no rate cut

The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.

06 Dec 2019 3:22 AM

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No way privately-issued digital currencies can be allowed: RBI Gov Das

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.

05 Dec 2019 5:48 PM

We can't keep on slashing policy rates every time: Shaktikanta Das

The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.

05 Dec 2019 1:34 PM

Closely monitoring situation at PMC Bank; forensic audit underway: Das

The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.

07 Nov 2019 3:47 PM

Loans to become cheaper after RBI cuts interest rate to a decade low

RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.

04 Oct 2019 4:11 PM

'Seen it only in media': RBI Governor on Rs 30,000 crore reported payout

As per media reports, the government might seek an interim dividend of about Rs 30,000 crore from the RBI towards the end of financial year.

04 Oct 2019 3:19 PM

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