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Governor Shaktikanta Das

RBI to cut rates again in August as doves prevail: Report

India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.

25 July 2019 11:48 AM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Das says change in stance as good as additional 25-basis-point rate...

RBI has cut rates by 75 bps since the start of 2019, banks have only eased their key lending rate by 15-20 bps.

22 July 2019 2:26 PM IST

Shaktikanta Das

Shaktikanta Das meets PSB heads, reiterates call for faster...

At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.

20 July 2019 10:54 AM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)

Expect quicker transmission of rate cut by banks: RBI Governor

During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.

8 July 2019 7:49 PM IST

Former Reserve Bank of India governor Bimal Jalan

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 IST

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 IST

Shaktikanta Das

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

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

22 Aug 2019 11:55 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

Link bulk deposits to repo for effective transmission of interest...

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

21 Aug 2019 11:31 AM IST

The Budget has given priority to agriculture, MSME, NBFC, infrastructure and affordable housing. Reviving business confidence, private capex recovery, manufacturing, have got lower attention.

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 IST

Shaktikanta Das

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

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

19 Aug 2019 12:40 PM IST

Reserve Bank of India (RBI)

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

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

9 Aug 2019 2:08 PM IST

Economic Affairs Secretary Shaktikanta Das

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...

8 Aug 2019 1:59 AM IST