Governance gaps in some banks may make banking sector volatile: Shaktikanta Das
While these gaps have been mitigated, it is necessary that boards and the managements do not allow such gaps to creep in, says RBI governor
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India's FY23 GDP growth could be above 7%: RBI governor
Shaktikanta Das says it will not be a surprise if GDP growth for FY23 comes slightly above the 7% estimate
RBI looking at business models of banks more closely: Shaktikanta Das
Deficiencies in a bank's business model can spark a crisis in due course, says RBI governor.
‘Outstanding job’: RBI’s Shaktikanta Das named ‘Governor of Year’
Das has cemented critical reforms, overseen world-leading payments innovation and steered India through difficult times, says Central Banking publication
India to be among fastest growing economies despite recession fears globally: RBI Guv
RBI governor Shaktikanta Das says there are signs of inflation slowing down but it is only expected to decline in H1 FY24.
‘Mark my words': Private crypto to cause next financial crisis, says RBI Guv
The RBI governor says private cryptos should be prohibited. If they are allowed to grow, they could cause the next financial crisis, he adds.
RBI doesn't have any fixed exchange rate in mind, says governor Das amid depreciating rupee
The Indian currency is trading at a record low against the US dollar.
Rupee depreciation among lowest in the world: RBI governor
The Indian rupee has depreciated by 5.1%, which is among the lowest in the world, says RBI governor Shaktikanta Das.
MPC meet: RBI hikes repo rate by 50 bps to 5.4% to tame inflation
The 3rd hike in a row pushes the key policy rate to the pre-pandemic levels; RBI's FY23 forecast on inflation and GDP remains unchanged at 6.7% and 7.2%, respectively
RBI governor defends rupee; says zero tolerance for bumpy movements
RBI says the rupee is holding up “well” relative to both advanced and EME peers, and the movement of the rupee has been smooth despite global spillovers
