Wed, Aug 28, 2024
India is engaged actively in international fora and bilateral agreements to foster economic cooperation with many countries going forward, and strengthening financial infrastructure, including cross-border payment systems, will be the RBI's key focus areas, he added.
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Thu, Aug 08, 2024
Governor Das also addressed growing concerns related to home equity loans, or top-up housing loans, which have been increasing briskly by a few entities and RBI is bilaterally checking this with them but through monetary policy speech he has given a message to banks to take proactive monitoring of such loans.
Fri, Jul 19, 2024
Given the strong macroeconomic configuration, favourable demographics and significant pace of digitalisation, the Indian financial sector is poised to scale new heights, he added
Fri, Jun 28, 2024
Delivering the inaugural address at the 18th Statistics Day Conference organised by the Reserve Bank of India (RBI), he said the use of statistics has been ever growing as a preferred tool for drawing inferences in diverse fields and the discipline has moved beyond collection of facts to focusing more on interpretation and drawing inferences, taking into account the level of uncertainty.
Wed, Mar 06, 2024
The National Statistical Office (NSO) has projected 8.4 per cent growth in the October-December quarter of the current financial year. It has also revised GDP estimates for the first and second quarters to 8.2 and 8.1 per cent from 7.8 per cent and 7.6 per cent, respectively.
Fri, Oct 06, 2023
The central bank had also extended the deadline for return of the notes by a week.
Thu, Aug 10, 2023
RBI MPC Meeting: Reserve Bank Governor Shaktikanta Das on Thursday said the move to impose a 10 per cent incremental cash reserve ratio for a limited period will help suck out Rs 1 lakh crore of excess liquidity from the system.
RBI MPC policy meet: The central bank last increased the repo rate to 6.50 per cent in December last year. The RBI hasn't hiked it in its last three meetings.
Tue, May 30, 2023
As pointed out by the sources in the Ministry and also banking experts, individuals from the Finance Ministry and RBI are part of the board of PSU banks, but that is not the case for private banks.
Thu, Apr 20, 2023
RBI governor Das, along with the five other members of the Monetary Policy Committee, voted for a pause in rate hike earlier this month.
Tue, Mar 07, 2023
In terms of volume, the number of UPI transactions exceeded 800 crore in January 2023, while NEFT (National Electronic Funds Transfer) witnessed the highest ever daily volume of 3.18 crore transactions on February 28. Acceptance of digital payments infrastructure has increased from 17 crore touch points to 26 crore touch points, which is an increase of 53 per cent.
Fri, Aug 05, 2022
The Governor said Taiwan accounts for only 0.7 percent of India's overall trade and the capital flows from the island are also not very high. "...So far as India is concerned, you know, our trade with Taiwan is miniscule. It's about 0.7 per cent of our total trade. So therefore the impact on India is expected to be very, very, very negligible," Das told reporters here.
Wed, Jun 08, 2022
The central bank raised the interest rate by 50 basis points to a two-year high of 4.9 per cent as it doubled down to tame inflation that has surged in the last couple of months.
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