Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events. “Today, the growth of the Indian economy presents a picture of stability and strength,” Das said while addressing an event at the launch of the Kochi International Foundation here. … Read more
File photo of RBI Governor Shaktikanta Das. | Photo Credit: PTI Reserve Bank Governor Shaktikanta Das on Friday (October 18, 2024) said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary. The RBI Governor’s remark came a day after the … Read more
Last Updated: August 31, 2024, 22:54 IST RBI Governor Shaktikanta Das. (File photo) The RBI had projected a growth rate of 7.1 per cent for the April-June quarter of this fiscal 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 … Read more
“As the debt manager of the government, we are watchful of what exactly is happening. If something needs to be done, we will interact with the government and deal with it,” the RBI governor said. | Photo Credit: PTI Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday (August 10, 2024) said trading of … Read more
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 … Read more
The Reserve Bank of India’s Monetary Policy Committee (MPC) is currently meeting, from April 3rd to 5th, 2024. This is their first meeting for the new financial year (FY) 2024-25. The MPC decides what the repo rate will be. This committee meets bi-monthly to assess the current economic situation, including inflation and growth. Based on … Read more
RBI Governor Shaktikanta Das. (File Photo) RBI Governor Shaktikanta Das says rural demand has been improving and is much stronger than a year ago, while urban demand continues to be very strong. The Indian economy’s GDP growth in the current fiscal year ending in March could be “very close” to 8%, Reserve Bank of India … Read more
A QR code for the Paytm digital payment system at a road side stall in Mumbai. | Photo Credit: EMMANUAL YOGINI Reserve Bank Governor Shaktikanta Das on Thursday said there are no systemic worries and the action on Paytm was driven by a “lack of compliance” at Paytm. Deputy Governor Swaminathan J. said the actions … Read more
