Tag: Shaktikanta Das

RBI’s MPC keeps policy rate unchanged; real GDP growth for FY24 projected at 6.5%

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RBI’s MPC keeps policy rate unchanged; real GDP growth for FY24 projected at 6.5%

The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%.  | Photo Credit: The Hindu The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%.  Announcing the bi-monthly monetary…

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RBI Keeps Key Lending Rate Unchanged At 6.5% For 4th Consecutive Time, Says Governor Shaktikanta Das

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RBI Keeps Key Lending Rate Unchanged At 6.5% For 4th Consecutive Time, Says Governor Shaktikanta Das

Mumbai: The Reserve Bank of India (RBI) today decided to keep its key lending rate unchanged at 6.5% for the fourth consecutive time. The decision was taken unanimously at the central bank’s Monetary Policy Committee (MPC) meeting, said RBI Governor Shaktikanta Das. This means the loan interest rates too are likely to remain unchanged. The…

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Nation

You Can Now Make Voice-Enabled UPI Payments. Here’s How

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You Can Now Make Voice-Enabled UPI Payments. Here’s How

Mumbai: The NPCI on Wednesday launched a slew of new payment options on popular payments platform UPI, including conversational transactions. Reserve Bank of India (RBI) Governor Shaktikanta Das announced the launch of the products by the National Payments Corporation of India (NPCI) at the ongoing Global Fintech Festival. The latest offerings — Credit Line on…

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Nation

RBI committed to bring down inflation to 4%; watchful of price risks: Governor Das

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RBI committed to bring down inflation to 4%; watchful of price risks: Governor Das

RBI Governor Shaktikanta Das speaks at the Delhi School of Economics Diamond Jubilee Distinguished Lecture, in New Delhi, on Sept. 5, 2023. | Photo Credit: PTI Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank is committed to bringing down inflation to 4% and will remain watchful of risks as more frequent global…

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Business

Retail Inflation Expected To Come Down From This Month: RBI Chief Shaktikanta Das

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Retail Inflation Expected To Come Down From This Month: RBI Chief Shaktikanta Das

According to government data, retail inflation rose to a 15-month high of 7.44 per cent in July. Indore: Reserve Bank governor Shaktikanta Das on Friday said the central bank expects retail inflation to start declining from this month. He was referring to the central government’s steps to check prices of vegetables like tomatoes, restrictions on…

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Business

RBI Governor Shaktikanta Das Ranked Top Central Banker Globally

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RBI Governor Shaktikanta Das Ranked Top Central Banker Globally

He has been rated ‘A ‘ in the Global Finance Central Banker Report Cards 2023. Mumbai: Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally by US-based Global Finance magazine. He has been rated ‘A ‘ in the Global Finance Central Banker Report Cards 2023. Mr Das has…

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Nation

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

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RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

The Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged, RBI Governor Shaktikanta Das said in Mumbai on August 10, 2023. | Photo Credit: Emmanual Yogini The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%.  Consequently,…

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