The Indian economy has shown a stronger than expected rebound in the recovery, Reserve Bank of India Governor Shaktikanta Das said on Thursday, adding that there is a need to keep an eye on the sustainability of demand after the end of the festivities. Speaking at the annual event of …
Read More »RBI Governor Shaktikanta Das Tests Positive for Covid-19
Home / India News / RBI Governor Shaktikanta Das Tests Positive for Covid-19 ‘He will continue working from isolation. Work at RBI will continue normally, ” Shaktikanta Das tweeted on Sunday. India Updated: October 25, 2020 7:11 PM IST The Governor of the Reserve Bank of India (RBI), Shaktikanta Das, …
Read More »RBI Governor Shaktikanta Das Tests Positive for Covid-19, Says He Is Asymptomatic
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 …
Read More »Next round of stimulus should focus on infrastructure: NITI Aayog VC
NEW DELHI The next round of economic stimulus measures could focus on infrastructure projects that can be implemented quickly and can make the economic recovery sustainable, said Rajiv Kumar, vice chairman of the federal policy think tank NITI Aayog. Kumar said in a webinar organized by the Public Affairs Forum …
Read More »India on the threshold of COVID-19 reactivation process: RBI chief Shaktikanta Das
“It is very important that financial institutions have adequate capital (to support growth),” he said. Many of them have already raised capital and others are planning, he mentioned, adding that they certainly would in the coming months. Both fiscal and monetary policy were countercyclical and accommodative, both working in close …
Read More »RBI expects fiscal year 21 GDP growth to contract 9.5% in the first official estimate; Buyback rate unchanged at 4%
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 …
Read More »Explained: Why RBI Believes A ‘Faster, Stronger Rebound’ Is Possible
Written by George Mathew, edited by Explained Desk | Updated: October 9, 2020 7:40:01 pm Reserve Bank of India (RBI) Governor Shaktikanta Das addresses via live broadcast as he announces the central bank’s monetary policy decisions, in Mumbai on Friday. (PTI) Disclosing the bi-monthly monetary policy, the Reserve Bank of …
Read More »RBI does the heavy lifting for the economy in the absence of government stimulus
India’s central bank took a number of unconventional measures to reduce borrowing costs in the economy, as above-target inflation prevents it from lowering the benchmark rate for the time being. While the Monetary Policy Committee kept the repurchase rate at 4% and maintained its accommodative stance, the Governor of the …
Read More »Shaktikanta Das addresses the media on the outcome of the MPC meeting
RBI MPC Meeting Highlights: RBI Governor Shaktikanta Das has kept the repurchase rate unchanged once again at the latest monetary policy committee meeting. The stance is also unchanged at the meeting that concluded today. In another important announcement, the RBI governor said that the Real Time Gross Settlement (RTGS) payment …
Read More »With a host of measures, RBI’s Das becomes the link whisperer
MUMBAI: India’s sovereign bond market saw all its payers responded on Friday, even the silent ones. Reserve Bank of India (RBI) Governor Shaktikanta Das donned the hat of a bond whisperer by giving investors an unbridled commitment to support them. The RBI is now open to not only injecting more …
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