Shaktikanta Das

Part Panglossian, part practical, RBI Governor Shaktikanta Das soldiers on

Das can well claim brownie points for keeping the promises as he steers the RBI's efforts to revitalise the financial sector and boost growth that has hit a near-seven-year low.

published on : 11th December 2019

Forensic audit on PMC scam expected by month-end: Reserve Bank governor Shaktikanta Das

The RBI has also given its suggestions on changes in regulations that are required for regulating the cooperative bank sector better.

published on : 5th December 2019

We can't keep on slashing policy rates every time: Shaktikanta Das

The sharp decline in growth had many analysts assuming the RBI will deliver a rate cut on Thursday.

published on : 5th December 2019

RBI doesn't know how low growth could sink and that's worrying!

The shocking memories of Q1 growth at 5 per cent are probably still fresh and until the air is clear on the 'unknown knowns,' RBI is unlikely to make a move. 

published on : 5th December 2019

RBI satisfied with pace of monetary transmission 

Das said the weighted average lending rate has gone down by 44 bps on the fresh rupee loans.

published on : 5th December 2019

Closely monitoring situation at PMC Bank; forensic audit underway: RBI Governor

PMC Bank was placed under an RBI administrator on September 23 for six months due to massive under-reporting of dud loans.

published on : 7th November 2019

US Treasury Secretary holds talks with RBI Governor over economy, regulatory developments

The visiting dignitaries met Das and other senior central bank officials, the RBI statement said.

published on : 2nd November 2019

PMC Bank scam: Despositors' woes mount as RBI Governor Shaktikanta Das​ abroad

Though RBI officials said they would be making a media announcement in the matter soon, the agitating depositors served an ultimatum till Oct.

published on : 22nd October 2019

Slowing growth prompted RBI to favour another rate cut: Monetary Policy Committee

RBI Executive Director Michael Debabrata Patra said that over the recent weeks, monetary and fiscal actions have been undertaken and it is important to buttress this coordinated endeavour.

published on : 18th October 2019

PMC Bank assures to protect depositors interest; administrator to meet RBI governor

The PMC statement said the bank management led by Bhoria apprised Governor Das of the position of the bank after relaxation of the withdrawal limits to Rs 40,000.

published on : 16th October 2019

Next MPC meet may take call on lower repo rate, says RBI Governor Shaktikanta Das

The next MPC meeting will take a call on the lower bound of repo rate when they deliberate on it, RBI Governor Shaktikanta Das said.

published on : 8th October 2019

RBI finally gets real on GDP growth, raises concerns about Indian economy

Trims projection to 6.1% for this fiscal, but hopes stimulus will pull economy out of rut

published on : 5th October 2019

Won’t let any co-op bank to collapse: RBI Governor Shaktikanta Das

Don’t generalise co-op banks’ health based on PMC case, says Das.

published on : 5th October 2019

Will RBI Governor's 'Das cuts' end up pleasing nobody?

If consumption fails to pick up in the festive season showdown, the government will have to resort to Plan B -- the only option left in its fiscal toolkit -- by reducing personal income tax rates.

published on : 4th October 2019

Banking system, including cooperatives safe, sound, says RBI Governor after PMC bank case

On the PMC scam, Shaktikanta Das said that the RBI acted very swiftly and promptly after it was brought to its notice.

published on : 4th October 2019
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