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Shaktikanta DasBusiness
Shaktikanta Das meets PSB heads, reiterates call for faster...

At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.

20 July 2019 10:54 AM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)Business
Expect quicker transmission of rate cut by banks: RBI Governor

During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.

8 July 2019 7:49 PM IST

Former Reserve Bank of India governor Bimal JalanBusiness
Jalan panel for review of economic capital framework in every 5 years

RBI's central board approved the transfer of record Rs 1.76 lakh cr dividend and surplus reserves to the govt.

28 Aug 2019 9:37 AM IST

The Government is in a position to intimidate any authority, any institution and here there is obliging, pliant RBI Governor who has done what none of his predecessors was willing to do, said Sharma but without naming Shaktikanta Das. (Photo: ANI)India
Congress slams RBI Governor Shaktikanta Das, terms him as pliant

He said the decision of RBI was 'a confirmation of what the party had been forewarning about the state of the economy.'

27 Aug 2019 9:19 PM IST

Shaktikanta DasBusiness
RBI minutes to cap yields; revives expectations for further policy...

RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to...

22 Aug 2019 11:55 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)Business
Link bulk deposits to repo for effective transmission of interest...

A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.

21 Aug 2019 11:31 AM IST

The Budget has given priority to agriculture, MSME, NBFC, infrastructure and affordable housing. Reviving business confidence, private capex recovery, manufacturing, have got lower attention.Business
RBI rules out asset quality review of NBFCs for now

IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.

19 Aug 2019 1:14 PM IST

Shaktikanta DasBusiness
Time has come for banks to link loans, deposits to repo rate: RBI Gov...

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks...

19 Aug 2019 12:40 PM IST

Reserve Bank of India (RBI)Business
RBI not done with easing, to cut in October and early next year:...

If the RBI does cut rates in Oct and early next year it will be the most aggressive amongst major central banks in...

9 Aug 2019 2:08 PM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI cuts rate 0.35 per cent, EMIs set to fall

The RBI itself has reduced its growth estimate down to 6.9 per cent for FY20, from the seven per cent it had projected...

8 Aug 2019 1:59 AM IST

Governor Shaktikanta DasOpinion
As it lowers rate, RBI sees hard days ahead

The economy needs to be pumped up as every sector from automobiles to agriculture is seeing a slowdown.

8 Aug 2019 12:00 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI cuts risk weight on consumer loans to 100 per cent

On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement...

7 Aug 2019 7:35 PM IST

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