Shaktikanta Das | The Asian Age

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Government will require to scale back expenditure in the second half of the year to keep the overall deficit near 3.5-3.6 per cent of GDP. (Photo: AFP)

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sep 2019 3:12 PM

RBI governor Shaktikanta Das. (Photo: File | PTI)

Experience more relevant than what you learnt: Das on his history background

RBI governor Shaktikanta Das praises his predecessors Urjit Patel and Raghuram Rajan.

23 Sep 2019 9:18 AM

It is necessary for the RBI governor to understand what is the role of monetary policy, and the importance of financial stability, it also important for the governor to understand the nuances of the real economy and have the ability to take into account all the incoming data and take the appropriate decision, said RBI Gov Shaktikanta Das. (Photo: File)

Experience more relevant than what you learnt 35-40 years ago: RBI Gov Das

RBI Gov Shaktikanta Das was responding to a question whether his academic qualification weighed him down as the governor.

22 Sep 2019 6:43 PM

RBI is fully autonomous, but govt is sovereign: Shaktikanta Das

Das added that the future rate cuts would depend on the incoming data.

21 Sep 2019 2:58 AM

The government slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.

RBI expects growth to pick up from Q2 on govt spending

Governor also welcomed the government announcement in the morning to slash corporate tax across the board.

20 Sep 2019 1:07 PM

Room for more rate cuts as government’s hands tied: RBI

The governor was quick to add that there is little fiscal space for the government to unveil any countercyclical measures to boost the sagging growth.

20 Sep 2019 3:29 AM

RBI Governor Shaktikanta Das. (Photo: File)

No global recession, India's external sector has shown great resilience: RBI Governor

'Indian economy remains a preferred habitat for FDI and is among the top 10 destinations for greenfield projects.'

19 Sep 2019 10:03 PM

The first set of announcements was made on 23 August that included rollback of the enhanced surcharge imposed on foreign portfolio and domestic investors. (Photo: File)

'Blueprint ready': Govt mulling fourth booster dose to revive economy

Last week, the government announced a slew of measures to boost exports and the real estate sector.

18 Sep 2019 9:24 AM

With regard to structural reforms, RBI Governor Shaktikanta Das said the RBI has already pointed out in its annual report. (Photo: File)

5 pc Q1 growth surprise; economy will look up with measures taken: RBI Gov Das

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

16 Sep 2019 7:28 PM

The Committee recommended that the framework may be periodically reviewed every five years.

Jalan panel for review of economic capital framework in every 5 years

RBI's central board approved the transfer of record Rs 1.76 lakh cr dividend and surplus reserves to the govt.

28 Aug 2019 9:37 AM

‘The Government is in a position to intimidate any authority, any institution and here there is obliging, pliant RBI Governor who has done what none of his predecessors was willing to do,’ said Sharma but without naming Shaktikanta Das. (Photo: ANI)

Congress slams RBI Governor Shaktikanta Das, terms him as pliant

He said the decision of RBI was ‘a confirmation of what the party had been forewarning about the state of the economy.’

27 Aug 2019 9:19 PM

RBI Governor Shaktikanta Das recently asked all banks to link their interest rate with repo for faster transmission of the central bank's policy actions.

RBI minutes to cap yields; revives expectations for further policy easing

RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.

22 Aug 2019 11:55 AM

The best option we believe could be that regulator enforces all incremental bulk deposits henceforth to be repo linked/flexible, SBI report said. (Photo: PTI)

Link bulk deposits to repo for effective transmission of interest rates: SBI report

A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.

21 Aug 2019 11:31 AM

Addressing the press on the sidelines of the national banking conference being organised by the industry lobby Ficci, RBI governor Shaktikanta Das ruled out ordering an asset quality review of the large NBFCs, says the RBI is not thinking about conducting one for now as it had done for the banks in late 2016 and early 2017.

RBI rules out asset quality review of NBFCs for now

IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.

19 Aug 2019 1:14 PM

The process of shifting to an external benchmark on rates needs to be faster and our expectation is that they should move faster, said Reserve Bank governor Shaktikanta Das. (Photo: File)

Time has come for banks to link loans, deposits to repo rate: RBI Gov Das

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.

19 Aug 2019 12:40 PM

India is amidst an economic and financial slowdown with minimal support from fiscal policy.

RBI not done with easing, to cut in October and early next year: Report

If the RBI does cut rates in Oct and early next year it will be the most aggressive amongst major central banks in easing policy.

09 Aug 2019 2:08 PM

RBI cuts rate 0.35 per cent, EMIs set to fall

The RBI itself has reduced its growth estimate down to 6.9 per cent for FY20, from the seven per cent it had projected in its June policy.

08 Aug 2019 1:59 AM

As it lowers rate, RBI sees hard days ahead

The economy needs to be pumped up as every sector from automobiles to agriculture is seeing a slowdown.

08 Aug 2019 12:00 AM

The 125 percent risk weight is much higher than what Basel requires us to maintain. It was fixed at a time when credit growth in this segment was excessively high, RBI deputy governor NS Vishwanathan said.

RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement said.

07 Aug 2019 7:35 PM

Real GDP growth for 2019-20 is revised downwards from 7 per cent in the June policy to 6.9 per cent, said an RBI stament. (Representational Image)

RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand, investment slowdown

The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.

07 Aug 2019 1:36 PM

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