Shaktikanta Das | The Asian Age

Sunday, Sep 19, 2021 | Last Update : 07:59 AM IST

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Meeting also discussed proposals releating to the Budget to be presented by Nirmala Sitharaman on July 5, said RBI Governor Shaktikanta Das.

FM reviews state of economy at FSDC meet

The FSDC is the apex body of sectoral regulators, headed by the finance minister.

19 Jun 2019 7:15 PM

The existing framework of lending home loan products following the marginal cost of funds based lending rate (MCLR) will continue along with the new framework, the SBI said. (Photo: File | PTI)

SBI to offer home loans on basis of repo rate

In first week of June RBI had lowered the repo rate to 5.75 per cent.

19 Jun 2019 2:20 PM

RBI to focus on governance reforms in banks, non-banking sector in coming months: Das

Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of PSBs.

09 Jun 2019 8:28 AM

The Supreme Court (Representational image)

New NPA resolution norms soon

The SC had clarified that the Centre has to authorise the RBI to issue direction to banks/non-banks if it were an insolvency case.

07 Jun 2019 6:56 AM

Vasu Ramaswami, COO, Muthoot Fincorp said the latest rate drop should help in improving consumption demand, particularly for the common man, especially once banks decide to pass this rate change to their customers. (Representational Image)

Bankers, finance players hail RBI repo rate cut, hope consumer demand gets a boost

On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.

06 Jun 2019 4:41 PM

The unanimous vote reflects the resolve of the monetary policy committee to act decisively and act in time (to address the growth concerns), Reserve Bank governor Shaktikanta Das said. (Photo: File)

Rising growth concerns prompted third rate cut: Shaktikanta Das

MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.

06 Jun 2019 3:36 PM

After DHFL's bond repayment default, rating agencies Crisil and Icra had on Wednesday downgraded rating on its Rs 850-crore commercial paper to 'default' from 'A4'.

DHFL default: RBI to enusre financial stability

DHFL has commercial paper worth Rs 750 crore maturing in June with the first repayment on June 7.

06 Jun 2019 1:18 PM

New NPA resolution norms in 3-4 days: Shaktikanta Das

On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's default as NPA.

06 Jun 2019 1:18 PM

Hlights of the second bi-monthly monetary policy announced by the RBI on Thursday.

Highlights of RBI's monetary policy statement

Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.

06 Jun 2019 12:48 PM

RBI cuts key rate by 25 bps, changes neutral policy stance to accommodative

Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.

06 Jun 2019 12:04 PM

This will be the first overseas visit of Nirmala Sitharaman as finance minister. (Photo: File | ANI)

Nirmala Sitharaman to attend G-20 Finance Ministers' meeting in Japan

The G20 meetings provide a forum for key countries in international financial system to discuss major international economic issues.

05 Jun 2019 1:39 PM

Beginning a three day review on Tuesday, the RBI’s six-member monetary policy committee (MPC) can draw comfort from subdued inflation.

RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks’ liquidity to ensure they drop their lending rates too.

04 Jun 2019 10:31 AM

The upcoming policy review will be RBI's first after the results of 2019 Lok Sabha elections.

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

03 Jun 2019 4:26 PM

RBI to cut rates in June, but analysts split on if it should: Report

RBI to cut its repo rate by 25 basis points at its June 4-6 meeting, bringing it to 5.75 per cent - the lowest since July 2010.

29 May 2019 11:16 AM

The move would strengthen the supervision and regulation of commercial banks, urban cooperative banks and non-banking financial companies.

RBI to create specialised supervisory and regulatory cadre

A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor Shaktikanta Das.

21 May 2019 7:33 PM

The Reserve Bank of India (RBI) has announced that it will shortly issue Rs 20 denomination banknotes, in the Mahatma Gandhi (New) series, bearing the signature of the central bank's governor Shaktikanta Das. (Photo: ANI)

RBI to issue new Rs 20 denomination banknotes

The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

27 Apr 2019 10:13 AM

Industry delegation calls on RBI Guv, discusses steps for MSMEs, NBFCs

The chamber in its submission has also sought further cut in the repo rate in the coming quarters.

23 Apr 2019 9:41 AM

A 25 basis points cut in interest rate announced earlier this month by the RBI.

Weakening domestic growth impulses prompted RBI for rate cut: Minutes of MPC meet

Four of the six MPC members had voted in favour of a 25 basis points reduction in the repo rate.

18 Apr 2019 7:25 PM

The RBI will issue Rs 50 denomination banknotes in Mahatma Gandhi new series bearing the signature of Das.

RBI says it will issue Rs 50 banknotes signed by Guv Das

All banknotes in the denomination of Rs 50 issued by the Reserve Bank in the past will continue to be legal tender.

17 Apr 2019 8:31 AM

RBI to remain watchful on growth, financial stability: Shaktikanta Das

India’s current account deficit is expected to be around 2.5 per cent of GDP in 2018-19.

13 Apr 2019 11:42 AM

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Pavan K Varma