Shaktikanta Das | The Asian Age

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The repo rate cut is aimed at pushing consumption up during the ongoing festival season by reducing borrowing costs for home and auto loans, which are now directly linked to this benchmark.

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

Last month, the RBI central board had given its nod to transfer Rs 1,76,051 crore to the government from its surpluses as per the Bimal Jalan panel report. (Photo: File)

'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

Experts and industry feel low inflation provides enough headroom for the RBI to further lower the policy rate, especially when festive season has just started.

RBI likely to cut policy rate on Friday to boost economy

RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.

03 Oct 2019 5:50 PM

RBI Governor Shaktikanta Das has already hinted that the benign inflation provides room for further monetary policy easing while space for fiscal space is limited. (Photo: File | AFP)

RBI begins policy review meet; rate cut on cards to boost economy

The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.

01 Oct 2019 5:19 PM

Earlier, the RBI Governor Shaktikanta Das had said the government has little fiscal space, giving hopes that the RBI may provide more monetary stimulus to prop up the economy. (Photo: File | AFP)

RBI may go for another rate cut on Oct 4: Experts

RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.

29 Sep 2019 4:33 PM

If required, the government may request the Reserve Bank of India for interim dividend of Rs 25,000-30,000 crore during the current fiscal, an official said. (Photo: Representational)

Govt may seek Rs 30,000 cr interim dividend from RBI

Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth.

29 Sep 2019 2:38 PM

Corp tax cut makes India attractive destination for investment: Das

Base corporate tax for existing companies has been reduced to 22 per cent from the current 30 per cent.

24 Sep 2019 2:40 PM

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

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