The move will lead to an increase in lending rates and make retail loans, including home loans, costly
05 May 2022 2:15 AM
Nirmala Sitharaman defended the five years taken to file the first fraud complaint in the Rs 22,842 crore loan default by ABG Shipyard
15 Feb 2022 9:31 AM
Shaktikanta Das was appointed as the Reserve Bank of India (RBI) Governor in December 2018
29 Oct 2021 8:04 AM
Das called for a more inclusive and sustainable growth
23 Sep 2021 8:11 AM
The RBI Governor said the RBI will 'continue to think and act out of the box', planning for the worst and hoping for the best
04 Jun 2021 11:55 AM
Rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, Das said
27 Aug 2020 12:25 PM
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot
27 Jul 2020 1:18 PM
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
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
The governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period
03 May 2020 9:16 AM
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
Key rate cut by an unprecedented 75 pts
27 Mar 2020 2:57 PM
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
Globaly economy growth expected to slow down due to Coronavirus
06 Mar 2020 1:29 PM
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
Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.
06 Feb 2020 1:04 PM
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
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
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
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