
Repo rate hike of 250 bps still working through financial system: RBI Governor
Price stability and financial stability complement each other and RBI treats financial stability as "non-negotiable", Shaktikanta Das says at Kautilya Economic Conclave
Price stability and financial stability complement each other and RBI treats financial stability as "non-negotiable", Shaktikanta Das says at Kautilya Economic Conclave
RBI on August 12 had directed banks to maintain I-CRR of 10% on increase in net demand and time liabilities between May 19 & July 28
In his address, he notes that customer-centricity, governance, and self-regulation are critical for the fintech ecosystem to be stable and future-ready.
"Empirical data we are generating to go a long way in shaping policies and future course of action," says RBI Governor Shaktikanta Das
Global Finance Central Banker Report Cards 2023 names Das among top three central bank governors globally; PM Modi says “proud moment” for India
The month of July has witnessed accentuation of food inflation, primarily on account of vegetables, says Shaktikanta Das
Scheduled commercial banks will first begin reporting on the Centralised Information Management System (CIMS)
Das says in recent months, there have been signs of some softening in inflation, with headline inflation easing to 4.25% in May 2023 from the peak of 7.8% in April 2022
Banking system needs more stringent stressed asset management norms and tighter regulatory oversight, rather than ‘compromise settlements' with willful defaulters causing the stress
About 85% of ₹2000 notes have come back as deposits, says Shaktikanta Das