Shaktikanta Das

RBI Governor Shaktikanta Das welcomes corporate tax cuts, calls it a bold move

These are definitely bold and welcome measures. It will augur extremely well and will be highly positive for our economy, Das said at an India Today organised an event.

published on : 20th September 2019

RBI expects growth to pick up from second quarter on government spending

In a major fiscal booster, the government slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.

published on : 20th September 2019

Banks with exposure to poorly-run NBFCs will have to take larger haircuts, warns RBI Governor

Shaktikanta Das' comment on NBFCs comes at a time when banks are grappling with the resolution of stressed cases like mortgage financier DHFL.

published on : 19th September 2019

Low inflation, falling growth leave more room for rate cut, says RBI Governor Shaktikanta Das

Shaktikanta Das refused to share RBI's revised growth projection, stating that it will go public with the revised numbers at the next monetary policy announcement on October 4.

published on : 19th September 2019

5 per cent Q1 growth a surprise, difficult to predict revival, says RBI Governor Shaktikanta Das

Expressing concern over the first quarter GDP, RBI Governor said that the numbers looked much worse because RBI had projected 5.8 per cent.

published on : 16th September 2019

All-new Das Capital: RBI to transfer Rs 1.76 lakh crore to government

The revised framework allows RBI’s economic capital levels to be between 20 and 24.5 per cent of the balance sheet.

published on : 26th August 2019

RBI does a Tharoor, uses rare 18th century word to describe economic forecasts

'Estimates of economic growth in India have unfortunately been subject to a fair degree of floccinaucinihilipilification,' said MPC member Chetan Ghate.

published on : 22nd August 2019

Linking of interest rate with external benchmark likely

RBI Governor Shaktikanta Das has given enough hints that linking of interest rates to an external benchmark is likely to happen.  

published on : 21st August 2019

‘Time to formalise external benchmarking’: RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das also pointed out that external benchmarks would lead to cheaper loans and more transparency in rates.

published on : 20th August 2019

Everything isn't doomed and gloomy about the economy: Reserve Bank governor Shaktikanta Das

This had FPIs dumping domestic equities and debt like dung since the budget, pulling down the benchmarks by over 13 per cent July 5.

published on : 19th August 2019

RBI rules out asset quality review of NBFCs for now

The IL&FS group owes close to Rs 1 trillion to the system and more than half of that is to banks, mostly state-owned ones.

published on : 19th August 2019

It is time banks link loans, deposits to repo rate: RBI Governor Shaktikanta Das

The move comes even as the regulator has decided not to push banks for this, considering their poor finances.

published on : 19th August 2019

Rahul Gandhi writes to RBI Governor, seeks relief for flood-hit Kerala farmers

The Congress leader on Monday had visited flood-affected areas in his Wayanad Lok Sabha constituency in Kerala, including worst-hit Puthumala, and assured all help.

published on : 14th August 2019

35 basis points a balanced level of rate cut: RBI governor Shaktikanta Das

Analysts feel that the repo rate cut might indicate that the slowdown may be getting worse, but it’s too early to hit the panic button.

published on : 8th August 2019

Despite RBI cuts, consumers yet to benefit as transmission slow

Prior to the latest cut of 35 basis points (bps) in repo rate the MPC had already reduced it by 75 bps since February 2019.

published on : 7th August 2019
1 2 3 4 5 >