Page 13 - Shaktikanta Das

RBI maintains status quo for fourth time, keeps policy rate unchanged at 4%

The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with the RBI

RBI keeps policy rate unchanged fourth time, maintains accommodative stance

The central bank had slashed the repo rate by 115 basis points since late March 2020 to support growth

Monetary Policy statement by Reserve Bank of India Governor Shaktikanta Das

India's massive borrowing puts RBI under pressure to keep yields in check

India will borrow a gross Rs 12 trillion ($164 billion) via bonds in the fiscal year beginning April, Finance Minister Nirmala Sitharaman said on Monday

Thoughts on Budget and monetary policy

Beyond hype, if the Budget creates a platform for growth, the RBI will have to change the policy's stance, but that won't happen - now or even in April

Turnaround hopes for rupee fade over RBI's stance on forex reserves

The rupee is under pressure to rise on heavy foreign inflows

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A poor idea

Bad bank will only kick the can down the road

Indian budgets have supplied an invaluable public good, a stable democracy

It is not just RBI which has delivered stability but also Indian budgets which have delivered social and political stability through fiscal policy

No choice but to build reserves despite US monitoring list : RBI Governor

The US Treasury in December included India in the currency manipulator watchlist with nine others for one-sided intervention preventing rupee appreciation

RBI's red flag

Recognition of NPAs in PSBs must be swift

2020, the year that was: Coronavirus shadow may not go anytime soon

Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021

GDP contraction to job losses amid Covid-19: 2020, the year of new lows

The economy floundered, manufacturing contracted and job losses mounted across sectors and skill levels. The urban work force was hit the hardest.

RBI governor asks banks to strengthen lending capacity by raising capital

During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively

RBI governor meets bankers over rate transmission, stressed assets

Touches upon current economic situation, emphasises banking sector's importance in supporting ongoing revival in economic activities

MPC members dive deep on low rates, excess liquidity and sticky inflation

These issues weren't discussed in such details in policy statement, or in post-policy press conference, even when the members seemingly unanimously voted to keep policy rate unchanged at 4%

India wants a V-shaped recovery at any cost. But what will RBI do?

How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off

Banks should focus more on cash-flow based lending, says RBI Governor

In this regard, credit bureaus and the proposed Public Credit Registry (PCR) framework can improve the flow of credit as well as credit culture in the country, according to the governor

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Reserve Bank of India unlikely to let rupee appreciate much: Experts

Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn