Tue, Nov 26, 2024
Reserve Bank of India Governor Shaktikanta Das was admitted to Chennai's Apollo Hospital on Monday night.
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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.
Tue, May 30, 2023
RBI has expressed concern over the banks. RBI said that even after issuing the guidelines, glitches are being found in the corporate governance of banks.
RBI Annual Report 2022-23: The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved at Rs 30,252 crore, showed a Reserve Bank data released on Tuesday.
The Reserve Bank's annual report flagged slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility as possible downside risks to growth.
RBI Governor Shaktikanta Das has said the central bank has come across instances of some banks trying to conceal the real status of their stressed assets and governance issues at certain lenders. He was addressing a conference with directors of private sector lenders in Mumbai. Here are some key takeaways:
Wed, May 24, 2023
India's gross domestic product growth could be above 7% for 2022-23, the RBI governor said on Wednesday, adding that such an outcome, if realised, should not come as a surprise.
RBI Governor Shaktikanta Das said in CII's program, ''Change in interest rates is not in our control. According to the situation, the MPC decides on the rates. India's share in global growth is possible at 15% in the current year. Economic growth is more than 7% possible in FY23.''
Mon, May 22, 2023
The Reserve Bank of India announced the withdrawal of its highest value currency note, Rs 2,000, from circulation, adding that the notes will continue to be legal tender. It said the existing Rs 2,000 notes can be deposited or exchanged in banks until September 30, but set a limit of “Rs 20,000 at a time”.
Will 1000 rupee notes come back in the market? Why did RBI decide to withdraw ₹2000 notes? What does it mean for the Rs 2000 notes to remain legal tender? How will it affect economic activity? Know from RBI Governor Shaktikanta Das.
RBI Governor Shaktikanta Das said the withdrawal of Rs 2,000 banknotes from circulation is part of the central bank's currency management policy. The RBI Governor also highlighted that the central bank replaces the notes of a particular series from time to time.
Thu, Apr 27, 2023
In the remarks that come weeks after the blow-up of the Silicon Valley Bank, which led to distress in the financial sector in the US and Europe, Das said RBI's stress tests show Indian banks will be able to maintain their capital buffers above the minimum requirements even in the case of the most distressing of events.
Thu, Apr 06, 2023
The Reserve Bank of India's monetary policy committee has decided to keep repo rate unchanged at 6.5%. What were the reasons for keeping the repo rate 'unchanged' ? How much relief to the common man from this decision? What will be its impact on growth? How will be the situation of inflation after this decision? Watch this special discussion of Aapki Khabar Aapka Fayda.
Will RBI hike rates again? RBI's focus on internationalizing the rupee? How to understand RBI monetary policy? Know the opinion of senior economist, Brinda Jagirdar.
Will Rupee benefit from onshore NDF market? Know from the Chief Executive of IBA, Sunil Mehta.
RBI Governor answers to Zee Business on how confident RBI is to achieve GDP growth rate of 6.5%. Listen to what he said.
The Reserve Bank of India on Thursday said that financial stability remains a challenge in the global markets. The bank's focus is on liquidity. The Reserve Bank of India is constantly making efforts for the stability of the rupee and has advised companies to make capital buffers.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has projected inflation for FY24 to drop to 5.2 per cent from 5.3 per cent forecast in February policy. RBI Governor Shaktikanta Das said that Reserve Bank is aiming to bring inflation towards the medium-term target of 4% by 2024.
The Reserve Bank on Thursday projected marginal easing in retail inflation to 5.2 per cent in the current fiscal, but cautioned that the fight against inflation is far from over.
The central bank raised the gross domestic product (GDP) growth forecast by 10 basis points to 6.5% for FY24. Reserve Bank governor Shaktikanta Das said that financial stability remains a challenge in the global market.
The Reserve Bank of India's monetary policy committee has decided to keep repo rate unchanged at 6.5%.
Wed, Apr 05, 2023
The Reserve Bank of India (RBI) will announce its bi-monthly monetary policy review tomorrow, for the first time in the current financial year. According to Zee Business survey, the RBI is likely to announce a hike of 25 basis points in the key lending rate on April 6. Will RBI hit pause button or opt for another rate hike? Watch this special discussion with Deepak Dobhal on India 360.
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