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Bhubaneswar: The slowing of India’s economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to “lower” government spending in the wake of the enforcement of the model code of conduct for the recent Lok Sabha polls, RBI Governor Shaktikanta Das said on Saturday. The RBI had projected a…
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Reserve Bank of India (RBI) Governor Shaktikanta Das speaks at the Global Fintech Fest (GFF) 2024, in Mumbai on Friday. | Photo Credit: ANI The slowing of India’s economic growth to a 15-month low of 6.7% in the April-June quarter was due to “lower” government spending in the wake of the enforcement of the model…
Read More “Slowing of GDP growth due to lower govt spending, MCC: RBI Governor” »
File photo of RBI Governor Shaktikanta Das. | Photo Credit: ANI Reserve Bank Governor Shaktikanta Das on Monday (August 26, 2024) said the central bank is constantly working on devising policies, systems, and platforms that will make the financial sector stronger, nimble and customer-centric. In a keynote address at the Global Conference on Digital Public…
PM Modi congratulated RBI Governor Shaktikanta Das for getting top global rating for 2nd time. New Delhi: Prime Minister Narendra Modi has congratulated Reserve Bank of India Governor Shaktikanta Das on being rated “A+” for the second consecutive time in the ‘Global Finance Central Banker Report Cards 2024’. The Reserve Bank of India today said,…
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Shaktikanta Das has been placed at the top of the list with two other central bank governors. New Delhi: Prime Minister Narendra Modi on Wednesday congratulated RBI Governor Shaktikanta Das on receiving top rating in a global ranking of central bankers, lauding it as a recognition of his leadership. He said on X, “Congratulations to…
Reserve Bank of India Governor Shaktikanta Das. File | Photo Credit: PTI RBI Governor Shaktikanta Das on Friday emphasised on the need to eliminate biases in algorithms as the use of artificial intelligence (AI) and machine learning (ML) is on the rise. Delivering the inaugural address at the 18th Statistics Day Conference organised by the…
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India is moving ahead towards 8% GDP growth in a sustained manner, said RBI chief. (File) Mumbai: India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of…
Read More “India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief Shaktikanta Das” »
Governor Shaktikanta Das outlined RBI’s recent supervisory initiatives (File) Mumbai: RBI Governor Shaktikanta Das on Thursday said that the Indian financial system is in a “much stronger position,” characterised by robust capital adequacy, low levels of non-performing assets, and healthy profitability of banks and non-banking lenders. Underscoring the imperative of fostering a future-ready ethos within…
RBI Governor Shaktikanta Das on June 7, 2024, said the Monetary Policy Committee has decided to keep the repo rate unchanged at 6.5%. File | Photo Credit: ANI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%. The decision, taken at the…
Read More “RBI MPC Meeting: Repo rate unchanged at 6.5% for 8th time in a row” »
RBI Governor Shaktikanta Das. | Photo Credit: ANI Reserve Bank Governor Shaktikanta Das on April 8 stressed the need for greater participation of Indian banks in rupee derivatives market, both domestically and offshore, while being prudent. The Governor noted that participation of domestic banks in derivative markets remains limited with only a small set of…
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