Page 23 - Shaktikanta Das

Indian bonds gain as Federal Reserve move raises RBI rate-cut hopes

The benchmark 10-year Indian bond yield dropped 8 basis points (bps) to 6.26%

Reserve Bank governor Shaktikanta Das to hold meet with bank CEOs today

One of the issues that will come up for review is how much transmission of policy rate actions to the final customer has happened.

Banks of future will be very different, says RBI governor Shaktikanta Das

Regulating the distinct segments of these banks would be a challenging task, said Shaktikanta Das

Farm loan waivers must be targeted; amounts should be released quickly: Das

Such write-offs of loans affect the capability of farmers to access debt for the next season in time, the RBI governor added

Banks facing slow credit offtake, flow to realty needs to improve: RBI Guv

Real estate developers, battling a prolonged slowdown in demand, are struggling to raise funds to construct or complete projects

Policy transmission getting better, up by 20 bps in 2 months: RBI Governor

To keep inflation under specified level, the government in 2016 had decided to set up MPC headed by RBI governor entrusted with the task of fixing the benchmark policy rate (repo rate)

Efforts on to include G-Secs in global indices soon, says Shaktikanta Das

The development would attract higher foreign flows as many overseas funds are mandated to track global indices

Coronavirus outbreak to have limited impact on India, says RBI Governor

Only a couple of sectors in India are likely to see some disruptions but alternatives are being explored to overcome those issues, he said

No reason to doubt govt will meet fiscal deficit targets: RBI Guv backs FM

In an interview with PTI, Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committee for the budget deficit

Govt must continue reforms, green shoots of recovery need to sustain: RBI

He said the fallout of the outbreak of novel coronavirus in China needs to be closely monitored by "every policymaker" to tailor a swift response

Telecom AGR dues: RBI closely monitoring developments, says Governor Das

In an interview with PTI, Das said so far no red flags have been raised but the central bank continues to monitor the situation closely

RBI to sync its accounting year with govt's fiscal year from 2020-21

With this move, the central bank will do away with nearly eight decades of practice

Budget proposals won't have much inflationary impact, says RBI Governor Das

Retail inflation based on consumer price index (CPI) soared to a near six-year high of 7.59% in January

SC order on AGR dues: RBI guv says will discuss internally if issues arise

When asked about the order, Das said it would be internally deliberated upon, if at all there are issues arising out of it

RBI Governor expects transmission of rate cuts to improve further

Earlier this month, the central bank opted for a status quo on the benchmark interest rate, amid signs of hardening inflation and an uncertain global environment

Monetary Policy focused on improving rate transmission: RBI bosses

Das also clarified that at the moment there is no plan to monetise government deficit

Long-term repos aimed at helping banks cut lending rates: Shaktikanta Das

At the sixth bi-monthly policy announcement, where the policy rates were left unchanged, the Reserve Bank announced long-term repurchase agreements (repos) of one-year and three-year tenors

Rs 1 trillion repos to help better monetary policy transmission: RBI

The RBI has cumulatively cut the repo rate by 135 basis since February 2019 to a nine-year low of 5.15 per cent

RBI has many other tools to revive growth, not just interest rates: Das

The monetary policy committee (MPC) kept the policy repo rate unchanged at 5.15 per cent, continuing with the accommodative stance to revive growth

RBI raises CPI inflation to 6.5% for Oct-Dec, outlook 'highly uncertain'

Going forward, the inflation outlook is likely to be influenced by several factors like food inflation, crude prices and input costs for services, RBI said