Shaktikanta Das

Capital account convertibility will continue to be a process, rather than an event: RBI Governor Shaktikanta Das

It can be noted that capital account convertibility is a very sensitive subject as it deals with liberalisation of capital transactions into and out of a country.

published on : 26th November 2020

Economic recovery stronger than expected, need to be watchful of demand sustainability: Shaktikanta Das

It can be noted that the Indian economy contracted by 23.9 per cent in the first quarter of the fiscal year, and the RBI expects the economy to shrink by 9.5 per cent in FY21.

published on : 26th November 2020

RBI Governor recovers from COVID-19, to join office next week

I have tested COVID-19 negative. Will be back in office next week. Thank you everyone for your good wishes for my early recovery, the central bank governor said in a tweet.

published on : 7th November 2020

RBI Governor Shaktikanta Das tests positive for COVID-19; to continue work from isolation

RBI Governor Shaktikanta Das said he is asymptomatic and has alerted those who came in contact with him in recent days.

published on : 25th October 2020

Second wave of COVID-19 could hamper nascent recovery: RBI Governor Shaktikanta Das

Speaking about the risks to growth, Das said there are downside uncertainties that could put sand in the wheels of this nascent recovery.

published on : 23rd October 2020

RBI unleashes liquidity boosters

Measures include making borrowing cheaper for states as well as sector-specific support

published on : 10th October 2020

From 'slog overs' to 'strike form', RBI Governor imparts cricket flavour to economic outlook

For the governor, the second category of sectors to 'strike form' would comprise segments where activity has been normalising gradually.

published on : 9th October 2020

RBI policy overall positive, growth-oriented, say experts

Friday's monetary policy was as aggressively accommodative as possible without cutting the policy rate, said Abheek Barua, Chief Economist, HDFC Bank.

published on : 9th October 2020

GDP growth likely to contract 9.5 per cent in 2020-21: RBI

In a statement after the meeting of the Monetary Policy Committee, RBI Governor Shaktikanta Das said Indian economy is entering into a decisive phase in the fight against coronavirus.

published on : 9th October 2020

RBI keeps benchmark lending rate unchanged at 4 per cent to support growth

RBI had last revised its policy rate on May 22, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.

published on : 9th October 2020

RBI likely to maintain status quo in upcoming policy review, in view of rising retail inflation

RBI Governor Shaktikanta Das had earlier said although there was headroom for further monetary policy action, it was important to keep "our arsenal dry and use it judiciously."

published on : 27th September 2020

Dhanlaxmi Bank heading into wrong direction: AIBEA to RBI Governor

The union has also claimed that the bank is looking to change its business profile, expand network in northern India and hire senior people on contractual basis at high remuneration.

published on : 27th September 2020

RBI may venture GDP forecast for FY21 in October, rate cut unlikely

The projection will be critical as it would lay out the RBI's assessment of the extent of the slowdown and the medium-term implications of the ongoing crisis.  

published on : 27th September 2020

Figuring out ‘vaccine’ portfolios

The pandemic has thrown the world out of whack and what emerges on the other side is likely to be very different for many sectors

published on : 21st September 2020

Will take necessary measures to promote economic growth: RBI Governor

Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.

published on : 16th September 2020
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