Shaktikanta Das,

Banks not passing lower rate benefits to borrowers, developers: CREDAI to RBI

Banks not passing lower rate benefits to borrowers, developers: CREDAI to RBI

The association requested RBI Governor Shaktikanta Das to direct banks to pass on the rate cuts to non-banking finance companies (NBFCs) ...Read More

Market Update: Sensex drops 260 points as RBI Guv Shaktikanta Das says FY21 GDP growth rate likely to be in negative

Market Update: Sensex drops 260 points as RBI Guv Shaktikanta Das says FY21 GDP growth rate likely to be in negative

Market Benchmark Index Sensex dropped -260.31 points or -0.84% at 30,672.59 while the broader Nifty 50 dropped -67.00 points or -0.74% ...Read More

India's GDP growth rate likely to be in negative due coronavirus pandemic, says RBI Guv Shaktikanta Das

India's GDP growth rate likely to be in negative due coronavirus pandemic, says RBI Guv Shaktikanta Das

He added that some pick-up in growth impulses is expected in second half of the year

RBI extends EMI moratorium on term loans for another three months

RBI extends EMI moratorium on term loans for another three months

Notably, this was the third presser by Shaktikanta Das in the context of coronavirus-related measures in the last two months.

RBI may extend moratorium on loans by another 3 months

RBI may extend moratorium on loans by another 3 months

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RB...Read More

RBI announces refinance package worth Rs 50,000 crore for NABARD, SIDBI and NHB

RBI announces refinance package worth Rs 50,000 crore for NABARD, SIDBI and NHB

Reserve Bank of India (RBI) has announced a special refinancing package to NABARD, SIDBI and NHB worth Rs 50,000 crore. During the media ...Read More

RBI Guv Shaktikanta Das says global economy is worse than Great Depression; Indian economy will still grow

RBI Guv Shaktikanta Das says global economy is worse than Great Depression; Indian economy will still grow

RBI Governor Shaktikanta Das addressed the media on Friday to see how Indian will tackle the economy during the novel coronavirus, COVID-...Read More

Market Update: Sensex ends 131 points lower as RBI announces repo rate cut, other monetary policies amid coronavirus outbreak

Market Update: Sensex ends 131 points lower as RBI announces repo rate cut, other monetary policies amid coronavirus outbreak

Equity benchmark index Sensex erased early sharp gains to close lower by 131 points on Friday, snapping its three-day rising streak as co...Read More

Market Update: Sensex opens over 200 points higher as RBI Governor Shaktikanta Das announces new policy

Market Update: Sensex opens over 200 points higher as RBI Governor Shaktikanta Das announces new policy

On Monday, the Sensex was down by over 2,700 points in the closing session on Monday attributing to the spread of coronavirus in India

From infusing liquidity in financial markets to YES Bank rescue plan: Here are key takeaways from RBI governor Shaktikanta Das's presser

From infusing liquidity in financial markets to YES Bank rescue plan: Here are key takeaways from RBI governor Shaktikanta Das's presser

The market was expecting a rate cut, given the way other central banks have reacted to the crisis in the global financial system due to t...Read More

RBI Governor announces end of moratorium on  Wednesday; Yes Bank to resume full banking services

RBI Governor announces end of moratorium on Wednesday; Yes Bank to resume full banking services

While there had been anticipation of a rate cut, the RBI on Monday hinted at a rate cut at the next Monetary Policy Committee meet on Apr...Read More

YES Bank crisis: SBI likely to submit 'rescue plan' to RBI in a week

YES Bank crisis: SBI likely to submit 'rescue plan' to RBI in a week

Sources said that RBI governor Shaktikanta Das and SBI Chairman Rajnish Kumar met on Monday and discussed the plans to rescue YES Bank

US Federal Reserve delivers emergency 50 bps rate cut

US Federal Reserve delivers emergency 50 bps rate cut

It is the first unscheduled, emergency rate cut since the global financial crisis of 2008 and comes as novel coronavirus has hit the US t...Read More

‘Coronavirus to drag down growth’: Shaktikanta Das

‘Coronavirus to drag down growth’: Shaktikanta Das

As per the World Health Organization's latest report, 2,804 patients have died due to Coronavirus, of the total 82,294 people that have s...Read More

RBI reviewing monetary policy framework: Shaktikanta Das

RBI reviewing monetary policy framework: Shaktikanta Das

In a bid to keep inflation under specified level, the government in 2016 had decided to set up Monetary Policy Committee headed by RBI Go...Read More

Efforts on to include G-Secs in global indices soon: Shaktikanta Das

Efforts on to include G-Secs in global indices soon: Shaktikanta Das

The development would attract higher foreign flows as many overseas funds are mandated to track global indices

Coronavirus outbreak to have limited impact on India: Shaktikanta Das

Coronavirus outbreak to have limited impact on India: Shaktikanta Das

Only a couple of sectors in India are likely to see some disruptions but alternatives are being explored to overcome those issues, Das sa...Read More

‘No doubt, govt will meet fiscal deficit targets’: RBI

‘No doubt, govt will meet fiscal deficit targets’: RBI

Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committee for the bu...Read More

FM Nirmala Sitharaman bats for 'increased complementarity' as RBI pegs growth at 6 pc for FY '20-21

FM Nirmala Sitharaman bats for 'increased complementarity' as RBI pegs growth at 6 pc for FY '20-21

The Finance Minister in her address outlined the thinking behind the Union Budget 2020-21 and the focus areas of the government.

Long-term reverse repos to have fixed interest rate: RBI

Long-term reverse repos to have fixed interest rate: RBI

RBI has clarified that the interest on these repos will be compounded on an annual basis and will be conducted at the prevailing repo rate

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