Shaktikanta Das | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 06:05 PM IST

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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

Finance Minister Arun Jaitley. (Photo: ANI)

Jaitley addresses global investors on reforms, economic outlook

Among others, RBI Governor Shaktikanta Das is also slated to attend the IMF-World Bank meetings.

11 Apr 2019 8:42 AM

New NPA framework soon

Banks had to treat a company as a defaulter even if it missed the repayment schedule by a day.

05 Apr 2019 1:13 AM

RBI slashes repo rate, lowers GDP growth forecast

Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.

05 Apr 2019 1:13 AM

RBI cut: EMI may not fall

The rate cut is a blessing to the Narendra Modi government with the elections just a week away.

05 Apr 2019 12:01 AM

The LCR indicates the proportion of highly liquid assets held by banks to ensure their ability to meet short-term obligations.

RBI tweaks LCR norms to boost liquidity

The decision has been taken with a view to improve the ease of undertaking forex transactions.

04 Apr 2019 3:02 PM

The central bank is monitoring the fiscal situation and will continue to watch the space closely, Shaktikanta Das said. (Photo: File | ANI)

RBI goes with official data: Shaktikanta Das on data row

Shaktikanta Das told reporters that the RBI goes with the official statistics prepared by the Central Statistics Office.

04 Apr 2019 2:00 PM

"The court has said that power of RBI under Section 35AA has to be exercised in certain manner. The validity of section 35AA of the Banking Regulation Act 1949 stands and henceforth we have to comply with the direction of Supreme Court and act accordingly," Shaktikanta Das said.

SC ruling: RBI to come out with fresh circular on resolution of bad loans

Supreme Court had on Tuesday quashed RBI circular that pertains to provisions for referring the defaulter to NCLT.

04 Apr 2019 1:06 PM

The moderation of growth in the global economy might impact India's exports," the central bank said.

RBI lowers GDP growth forecast to 7.2 per cent for 2019-20

Higher financial flows to the commercial sector augur well for economic activity, says RBI.

04 Apr 2019 1:02 PM

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