Amid social media outrage over SBI’s Yono (You Only Need One) app, which faces frequent outages, Reserve Bank of India Governor Shaktikanta Das said today that the central bank is reviewing the recent disruption of the SBI. “Banks and financial institutions need to invest more in their IT system,” said …
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The central bank also maintained an “accommodative” policy stance, ruling out any increase for now. The Reserve Bank of India revised the real GDP growth projection for 2020-21 from -9.5% to -7.5%, Governor Shaktikanta Das said in an online briefing at the end of the meeting of the Monetary Policy …
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Mr. Das says that he is asymptomatic and will continue to work from isolation. The Governor of the Reserve Bank of India, Shaktikanta Das, said on October 25 that he had tested positive for COVID-19 and will continue to work from isolation. Das said he is asymptomatic and has alerted …
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Reserve Bank of India (RBI) Governor Shaktikanta Das said Sunday that he tested positive for coronavirus. He is 63 years old. Shaktikanta Das confirmed the news on Twitter. He said that he will continue to work from isolation. He also said that he is in contact with all lieutenant governors …
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A man checks his phone outside the headquarters of the Reserve Bank of India (RBI) in Mumbai. (REUTERS / Francis Mascarenhas / Archives) The monetary policy committee (MPC) kept the repurchase rate, its key interest rate, at 4%, while the reverse repurchase rate or the key interest rate remained at …
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