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Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das

RBI MPC Meeting: Why RBI Has Announced Incremental CRR For Banks And How Will It Impact Stock Markets?

RBI announced the incremental CRR requirement for banks after the conclusion of its MPC meeting on August 10

10 August 2023

Shaktikanta Das

RBI Governor Shaktikanta Das Presented 'Governor Of The Year' Award In London

RBI Governor Shaktikanta Das was conferred the award by 'Central Banking' which definitively covers and analyses issues around the world’s central banks and financial regulators following the summer meetings of the...

14 June 2023

Reserve Bank Of India

RBI Issues Guidelines On Default Loss Guarantee In Digital Lending

DLG is a contractual arrangement between a regulated entity (RE) and an entity meeting prescribed norms, under which the latter guarantees to compensate the RE, loss due to default up to a certain percentage of the loan...

09 June 2023

RBI Governor Shaktikanta Das

Banks To Begin Reporting On New Data Warehouse CIMS: Das

Das was addressing the 17th statistics day conference at the RBI headquarters, which also marks the birth anniversary of Prof Prasanta Chandra Mahalanobis--the best-known mind in the field.

30 June 2023

Shaktikanta Das

Disinflation Process To Be Slow, Says RBI Governor Das

Governor Shaktikanta Das said the RBI's inflation projection for the current financial year 2023-24 is lower at 5.1 per cent, but reminded that the number will still be above the 4 per cent target

13 June 2023

RBI Governor Shaktikanta Das

We Are Only Pausing On Rates, Too Early To Call On Inflation Fight: RBI Governor Shaktikanta Das

The RBI governor-led rate-setting panel MPC unanimously left the repo rate unchanged at 6.50 per cent and maintained that they will continue to work towards withdrawing policy accommodation

08 June 2023

RBI Governor Shaktikanta Das

RBI MPC Minutes: Job of taming inflation only half done, says Governor Shaktikanta Das

RBI Governor Shaktikanta Das said India’s macroeconomic fundamentals are strengthening and growth prospects are steadily improving and becoming broad-based

22 June 2023

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On May 19, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 denomination banknotes

Rs 2,000 Notes Worth Rs 1.80 Lakh Crore Have Come Back In Banks So Far: RBI Governor

On May 19, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 denomination banknotes as part of its currency management and permitted the exchange of such notes (up to Rs 20,000 in one go) from May 23...

08 June 2023

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08 June 2023
RBI Governor Announces Streamlining Process Flow In Bharat Bill Payment System

RBI Governor Announces Streamlining Process Flow In Bharat Bill Payment System

Reserve Bank of India Governor Shaktikanta Das announced streamlining of the Bharat Bill Payment System at the end of the Monetary Policy Committee meeting...


08 June 2023
RBI MPC Pauses Rate Hike Again, Keeps Repo Rate Unchanged At 6.5%, Announces Shaktikanta Das 

RBI MPC Pauses Rate Hike Again, Keeps Repo Rate Unchanged At 6.5%, Announces Shaktikanta Das 

RBI MPC Meeting 2023: Governor Shaktikanta Das announces repo rate unchanged at 6.50 %. Details here


04 June 2023
RBI Likely To Maintain Pause On Interest Rate As Inflation Moves Southwards: Experts

RBI Likely To Maintain Pause On Interest Rate As Inflation Moves Southwards: Experts

Headed by Reserve Bank Governor Shaktikanta Das, a meeting of the six-member Monetary Policy Committee (MPC) is scheduled for June 6-8


29 May 2023
RBI Found Gaps In Corporate Governance At Banks Despite Guidelines: Das

RBI Found Gaps In Corporate Governance At Banks Despite Guidelines: Das

Banks try to conceal the real status of stressed loans, the RBI Governor said.


24 May 2023
Entire Process Of Rs 2000 Notes Withdrawal Will Be Non-Disruptive: RBI Governor Shaktikanta Das

Entire Process Of Rs 2000 Notes Withdrawal Will Be Non-Disruptive: RBI Governor Shaktikanta Das

RBI has given four-month time for exchanging as well as depositing the Rs 2,000 currency notes to ensure that there is no hardship faced by anyone


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24 May 2023
Next Print Of Inflation Likely To Be Lower Than 4.7%; No Room For Complacency: RBI Governor

Next Print Of Inflation Likely To Be Lower Than 4.7%; No Room For Complacency: RBI Governor

RBI Governor Shaktikanta Das said inflation has moderated, and the next print is expected to be lower than 4.7 per cent though there is no room for complacency...


24 May 2023
Pausing Interest Rate Hike Not In My Hands, Depends On On-Ground Situation: RBI Governor Shaktikanta Das

Pausing Interest Rate Hike Not In My Hands, Depends On On-Ground Situation: RBI Governor Shaktikanta Das

Speaking at an event organised by the industry chamber CII, Governor Shaktikanta Das said there is a suggestion that RBI will take a pause in the coming...


23 May 2023
RBI Governor Asks Public Sector Banks To Strengthen Governance

RBI Governor Asks Public Sector Banks To Strengthen Governance

RBI Governor Shaktikanta Das was addressing a Conference for the Directors on the Boards of Public Sector Bank in the national capital


22 May 2023
Impact Of Rs 2,000 Notes Withdrawal 'Very Very Marginal' On Economy: RBI Governor Shaktikanta Das

Impact Of Rs 2,000 Notes Withdrawal 'Very Very Marginal' On Economy: RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das said withdrawal of Rs 2,000 notes is part of clean note policy and they continue to be a legal tender


19 May 2023
RBI Withdraws Rs 2,000 Currency Notes, Exchange Facility Available Until September 30, 2023

RBI Withdraws Rs 2,000 Currency Notes, Exchange Facility Available Until September 30, 2023

Rs 2,000 currency note was introduced in November 2016 following the central government's demonetisation move


19 May 2023
RBI Approves Rs 87,416 Crore Dividend Payout To Government For 2022-23

RBI Approves Rs 87,416 Crore Dividend Payout To Government For 2022-23

The decision was taken at the 602nd meeting of the Central Board of Directors of Reserve Bank of India held under the chairmanship of Governor Shaktikanta Das


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16 May 2023
‘100 Days 100 Pays': How RBI Aims To Make Retrieving Unclaimed Deposits Easier

‘100 Days 100 Pays': How RBI Aims To Make Retrieving Unclaimed Deposits Easier

RBI will launch a 100-day campaign from June 1, 2023, to settle unclaimed bank deposits across India. As part of the drive, banks must first trace the owners...


27 April 2023
Indian Banking System Remained Resilient, Not Adversely Impacted By Recent Global Events: Shaktikanta Das

Indian Banking System Remained Resilient, Not Adversely Impacted By Recent Global Events: Shaktikanta Das

The RBI is committed for future proofing of the Indian financial system and to provide support for its sustainable growth


13 April 2023
RBI May Extend Rate Hike Pause Through Year-End, Likely Done Hiking, Says Reuters

RBI May Extend Rate Hike Pause Through Year-End, Likely Done Hiking, Says Reuters

The Reserve Bank of India (RBI) may extend this pause on rate hike as it evaluates the delayed impact of previous hikes on economic growth and high inflation


07 April 2023
RBI Finally Takes A Pause, Chooses Stability, Growth Over Global Rate Hike Trend 

RBI Finally Takes A Pause, Chooses Stability, Growth Over Global Rate Hike Trend 

The RBI’s move at keeping the repo rate unchanged bolsters the confidence that things are under its control and that the Indian economy is reasonably...


06 April 2023
AT1 Bonds Ecosystem Remains Quite Robust, Says RBI Governor

AT1 Bonds Ecosystem Remains Quite Robust, Says RBI Governor

"The AT1 bonds ecosystem remains quite robust, quite stable. And it is a part of the Basel III regulations and we have adopted that in our country as well....


06 April 2023
RBI Allows Pre-Sanctioned Credit Lines Via UPI; Here’s What It Means And How It Will Benefit You

RBI Allows Pre-Sanctioned Credit Lines Via UPI; Here’s What It Means And How It Will Benefit You

The initiative will encourage innovations and widen footprints of UPI, RBI governor said


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