Tag: Shaktikanta Das
Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy.....
In the final monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks to 6.25 per cent.....
The Real Time Gross Settlement System (RTGS) for high-value transactions will be available round-the-clock from today, making India one of the few countries in the world to operate the system 24X7.....
To support a faster economic recovery amid the surge in Covid-19 cases, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the first monetary policy review of FY22. ....
The Reserve Bank of India (RBI) retained its key short-term lending rates during the October monetary policy review of FY22. ....
Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect. ....
In a big relief to the corporate sector, the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalment in respect of all term loans outstanding on March 1, 2020.....
After the RBI Governor announced an emergency rate cut on Friday, Union Finance Minister Nirmala Sitharaman lauded the move and stressed the need for lower cost of retail loans and that reduced interest rate needs quick transmission.....
Adopting a wait and watch approach, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the final monetary policy review of FY21. ....
Reserve Bank of India Governor Shaktikanta Das on Thursday said that financial inclusion will remain a priority of the central bank to achieve sustainable post-pandemic economic recovery. ....