Banks, NBFCs need to be careful in relying solely on algorithms: RBI governor
It is necessary to be watchful of any undue risk build-up in the system due to information gaps in these models, says Shaktikanta Das.
shaktikanta das
November 2023
October 2023
September 2023
August 2023
Bank-NBFC links merit close attention: RBI governor
Such concentrated linkages may create a contagion risk, says Shaktikanta Das
RBI increases premature deposit withdrawal limit to ₹1 cr
RBI directs credit bureaus to resolve complaints in 30 days or pay ₹100/day fine
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
Despite uncertainty, RBI's inflation target is 4%, not 2 to 6%: Shaktikanta Das
RBI Governor says MPC kept policy repo rate unchanged at 6.5% considering the total hike of 250 bps is still working through economy and keeping in mind inflation-growth dynamics
MPC remains vigilant of evolving inflation dynamics: RBI governor
Core inflation softened to 4.9% during July-August 2023.
RBI’s MPC keeps repo rate 'unchanged' at 6.5%; inflation outlook at 5.4%
MPC maintains "status quo" on key policy rate for fourth consecutive time, with 5 of 6 MPC members voting in favour
Indian fintech will be 13% of global industry by 2030: RBI Guv
In his address, he notes that customer-centricity, governance, and self-regulation are critical for the fintech ecosystem to be stable and future-ready.
RBI Governor Shaktikanta Das rated ‘A+’ among central bankers globally
Global Finance Central Banker Report Cards 2023 names Das among top three central bank governors globally; PM Modi says “proud moment” for India
As tomato prices cool down, vegetable inflation will decline by Sept: RBI Guv
Global supply chains are under pressure, which along with rising global commodity prices have contributed to “multi-decadal high inflation” in 2022, says Shaktikanta Das
