Sun, Dec 22, 2024
The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth.
More >
Wed, Dec 11, 2024
RBI Governor Sanjay Malhotra on Wednesday vows to ensure that the central bank's trustworthiness grows going forward. Malhotra took office as the 26th Governor of the RBI on the same day.
Sanjay Malhotra took charge as the Governor of the Reserve Bank of India (RBI) on Wednesday, December 11. Malhotra took over from Shaktikanta Das, whose six-year stint at the banking regulator's top helm ended the previous day. Malhotra is the 26th Governor of the RBI.
Tue, Dec 10, 2024
The outgoing RBI Governor, Shaktikanta Das took to microblogging site X to thank Prime Minister Narendra Modi for granting him the opportunity to serve the country and for “his guidance and encouragement”, and Finance Minister Nirmala Sitharaman for “her constant support and backing”.
IAS Sanjay Malhotra has a career spanning more than 33 years. He has served key roles in a number of sectors including power, finance, taxation and IT.
Mon, Dec 09, 2024
Das, 67, a career bureaucrat, was put into the high job of the RBI Governor when Urjit Patel abruptly resigned in December 2018. His second three-year term comes to an end on December 10 and will be replaced by Sanjay Malhotra, Revenue Secretary in the Union Ministry of Finance.
Sanjay Malhotra has been named the next RBI Governor. Malhotra, a 1990 batch Rajasthan Cadre IAS Officer, will be replacing Shaktikanta Das.
Fri, Dec 06, 2024
RBI imposes business restrictions on regulated entities only in cases where sufficient corrective action is not visible: RBI Governor Shaktikanta Das.
The RBI lowered its GDP forecast for the current financial year. The central bank now expects the economy to finish the financial year with overall GDP growth of 6.6 per cent.
RBI MPC December Review HIGHLIGHTS: RBI Governor Shaktikanta Das announced a status quo on the repo rate on Friday, December 6, as he presented the key decisions taken by the Monetary Policy Committee in its three-day, bi-monthly meeting. This is the last scheduled bi-monthly policy review of the calendar year.
Thu, Dec 05, 2024
The December 4-6 review comes amid 7-quarter low GDP growth and sticky inflation, well beyond the upper end of the RBI’s tolerance range of 2-4 per cent.
Tue, Nov 26, 2024
Reserve Bank of India Governor Shaktikanta Das was admitted to Chennai's Apollo Hospital on Monday night.
Thu, Nov 21, 2024
RBI Governor Shaktikanta Das reassures that the Indian economy is navigating smoothly despite global challenges. In this video, we discuss his comments on the current economic situation, the measures taken by the Reserve Bank of India, and how India is managing external pressures.
Wed, Nov 20, 2024
Reserve Bank of India Governor Shaktikanta Das is set to deliver a keynote address at a high-level gathering in Mumbai on Thursday. His speech will be webcast live on the central bank's verified channel on video-sharing website YouTube. Catch all the details here.
Wed, Oct 23, 2024
India cannot risk another bout of inflation and the best approach currently would be to remain flexible and wait for inflation to durably align with the central bank's target, opined Reserve Bank Governor Shaktikanta Das while voting for status quo on benchmark rates during the last MPC meeting.
Fri, Oct 18, 2024
Reserve Bank Governor Shaktikanta Das on Friday said that this stage would have been "premature" and "very very risky" as the retail inflation is still high, and future monetary policy action would depend upon the income data and outlook.
Mon, Oct 14, 2024
"Financial stability is the essential reason why central banks exist," Reserve Bank of India (RBI) Governor Shaktikanta Das said in his keynote address at a high-level conference organised in the national capital on Monday, October 14. His remarks came days after the Monetary Policy Committee decided to maintain the repo rate at the existing level of 6.5 while switching to a 'neutral' policy stance from 'withdrawal of accommodation'.
Thu, Oct 10, 2024
RBI Governor Shaktikanta Das reflected on Ratan Tata's remarkable legacy, emphasising that his achievements will require an entire volume to be adequately chronicled in the economic history of modern India.
Sun, Oct 06, 2024
Earlier this month, the government reconstituted the Reserve Bank's rate-setting panel -- Monetary Policy Committee (MPC). The reconstituted panel, with three newly appointed external members, will commence its maiden meeting on Monday. MPC Chairman RBI Governor Shaktikanta Das will reveal the outcome of the three-day discussion on Wednesday (October 9).
Fri, Sep 13, 2024
Speaking at an event in Singapore, RBI Governor Shaktikanta Das highlighted that this unprecedented level of debt poses significant risks, particularly for emerging market economies (EMEs) and low to middle-income countries.
Wed, Sep 11, 2024
RBI Governor Shaktikanta Das arrived at Lalbaugcha Raja in Mumbai, Maharashtra.
Thu, Sep 05, 2024
Stressing that India's growth story is intact and banks have robust balance sheets, the RBI Governor exhorted the private sector to step up investments in a big way.
Tue, Aug 20, 2024
Global Finance's annual Central Banker Report Cards honour bank leaders whose strategies have outperformed their peers through originality, creativity and tenacity.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
