Shaktikanta Das

Wednesday, May 31, 2023 | Last Update : 09:02 PM IST

AA Edit | RBI’s forecast cause for cheer

At the start of this financial year, there were apprehensions of the national economy growing much above six per cent.

26 May 2023 12:19 AM

Reserve Bank of India Governor Shaktikanta Das (PTI Photo)

AA Edit | Sweet relief for borrowers

The RBI is likely to support economic growth, while keeping all options open to arrest inflationary expectations

08 Apr 2023 1:24 AM

The current inflation figure is more concerning because it was driven by some key components. (Representational Image)

AA Edit | Inflation cools; enrich middle classes now

Apart from the current inflationary scenario, India also faces the risk of heatwaves that could impact food production and prices

16 Mar 2023 12:15 AM

Trade among South Asian countries now totals just $23 billion — below an estimated current value of at least $67 billion. (Representational Image)

Aakar Patel | If our trade with China can see a rise, why not with our neighbours?

The World Bank says that trade between South Asian nations accounts for only five per cent of the region’s total trade

09 Jan 2023 12:05 AM

The central bank’s decision to lower its forecast for the country’s economic growth from seven per cent to 6.8 per cent, citing global headwinds, shows that all is not well yet. (Photo: PTI)

AA Edit | Promising signs in economy

The RBI governor’s post-policy meeting comments hint that the central government remains focused on inflation

10 Dec 2022 12:15 AM

As many as 90 central banks have increased interest rates in 2022, tightening the global money market. (Photo: PTI)

AA Edit | Relief from inflation unlikely

This is the fourth increase in the current cycle since May 2022. The four rate hikes cumulatively increased the repo rate to 5.90% from 4%

01 Oct 2022 12:15 AM

Reserve Bank of India Governor Shaktikanta Das digitally delivers a statement. (PTI Photo)

RBI, in surprise move, hikes key rate by 0.4 per cent, EMIs might go up

The move will lead to an increase in lending rates and make retail loans, including home loans, costly

05 May 2022 2:15 AM

The CBI has registered a case against Gujarat- based ABG Shipyard and its directors for allegedly cheating 28 banks of Rs 22,842 crore, in the biggest bank fraud taken up by the agency. The finance minister said while it takes 52 months to 56 months to detect such frauds, less time was taken to detect it and take action under the present government. — PTI

ABG fraud detected relatively faster: FM

Nirmala Sitharaman defended the five years taken to file the first fraud complaint in the Rs 22,842 crore loan default by ABG Shipyard

15 Feb 2022 9:31 AM

Reserve Bank of India (RBI) Governor Shaktikanta Das. (Photo: PTI/File)

Centre extends RBI Governor Shaktikanta Das' term for three years

Shaktikanta Das was appointed as the Reserve Bank of India (RBI) Governor in December 2018

29 Oct 2021 8:04 AM

The impact of pandemics could be a lot more asymmetric by affecting the vulnerable segments more. (Photo: PTI/File)

Pandemic has affected poor more: RBI Governor Shaktikanta Das

Das called for a more inclusive and sustainable growth

23 Sep 2021 8:11 AM

In April, the Reserve Bank had projected the real GDP growth for 2021-22 at 10.5 per cent. (PTI)

RBI lowers GDP growth projection to 9.5 pc for 2021-22

The RBI Governor said the RBI will 'continue to think and act out of the box', planning for the worst and hoping for the best

04 Jun 2021 11:55 AM

RBI Governor Shaktikanta Das on Thursday warned banks that being overly risk averse will be self-defeating. (PTI Photo)

Extreme risk aversion can be self-defeating: RBI Governor warns banks

Rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, Das said

27 Aug 2020 12:25 PM

Infrastructure push can re-ignite economic growth, says RBI Governor Shaktikanta Das. (PTI Photo)

Need to conclude free trade agreements with US, others: RBI Governor

Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot

27 Jul 2020 1:18 PM

RBI Guv Shaktikanta Das address press after govt's relief package. (PTI Photo)

RBI cuts repo rate, extends loan moratorium, projects negative GDP growth

RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension

22 May 2020 11:13 AM

Finance Minister Nirmala Sitharaman. (PTI Photo)

FM Nirmala Sitharaman postpones meet with PSB chiefs to later this week

The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments

11 May 2020 10:44 AM

RBI reviews measures to ease financial stress

The governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period

03 May 2020 9:16 AM

India's near-term growth outlook has deteriorated sharply: RBI Governor Das

Reserve Bank will remain vigilant and will not hesitate to use any instrument to mitigate the impact of Covid-19

13 Apr 2020 2:04 PM

Finance Minister Nirmala Sitharaman. (Photo- PTI)

RBI defers EMIs on all loans for 3 months

Key rate cut by an unprecedented 75 pts

27 Mar 2020 2:57 PM

Reserve Bank of India Governor Shaktikanta Das. (Photo- PTI)

RBI reduces repo rate by 75 bps to 4.4%

The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from March 28 for 1 year

27 Mar 2020 11:46 AM

RBI will take measures to secure economy against coronavirus: Das

Globaly economy growth expected to slow down due to Coronavirus

06 Mar 2020 1:29 PM

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Abhijit Bhattacharyya