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 … Read more
Mumbai: RBI Governor Shaktikanta Das sees India moving ahead towards an 8 percent GDP growth trajectory on a sustained basis, driven by structural economic reforms such as GST. “If you look at the average growth India recorded over the three years, the average comes to 8.3 percent and the current year we have given a … Read more
Governor Shaktikanta Das on May 6 said that permanent deletion of transactions can make the e-rupee or central bank digital currency (CBDC) become anonymous and make it at par with paper currency. Speaking at the BIS Innovation Summit, Mr. Das said India is also working on making the CBDC transferable in the offline mode along … 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
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
File picture of RBI Governor Shaktikanta Das, who said that India accounts for 40% of all digital payments in the world | Photo Credit: ANI Reserve Bank of India Governor Shaktikanta Das said on Monday that digital transactions in India have grown 90-fold in 12 years. Mr. Das was speaking at the RBI headquarters in … Read more
RBI Governor Shaktikanta Das. (File Photo) At this juncture, monetary policy must remain vigilant and “not assume that our job on the inflation front is over”, says RBI Governor Shaktikanta Das, as per the minutes of the RBI MPC’s February meeting The Reserve Bank of India’s (RBI) job to bring down inflation is not over, … Read more
RBI Governor Shaktikanta Das RBI governor Shaktikanta Das also said that he believes that that the Centre seems to be in sync with the central bank’s stance on cryptocurrencies India’s stance on cryptocurrencies has not always been much accommodative, and Reserve bank of India governor Shaktikanta Das on Monday, May 23, made it clear once … Read more
RBI Governor Shaktikanta Das RBI governor Shaktikanta Das also said that he believes that that the Centre seems to be in sync with the central bank’s stance on cryptocurrencies India’s stance on cryptocurrencies has not always been much accommodative, and Reserve bank of India governor Shaktikanta Das on Monday, May 23, made it clear once … Read more
Curated By: Business Desk Last Updated: August 24, 2022, 16:11 IST RBI Governor Shaktikanta Das. (Image: PTI) Crypto can create a lot of financial instability in terms of the ability of the central bank to determine monetary policy, said RBI governor Shaktikanta Das Reserve Bank of India governor Shaktikanta Das has once again came down … Read more
