Page 27 - Shaktikanta Das

Monetary policy review: RBI set to cut rate. Question is by how much?

The policy decision will be announced at 11:45 a.m. in Mumbai, followed by a press conference 15 minutes later by Das

Monetary policy review: Another rate cut may not help Indian economy

The larger problem here is that government finances are already in a hole; that would be a problem even if the tax cut were the best-designed in history

FSDC sub-committee discusses developing stressed assets markets

The sub-committee meeting, which was chaired by RBI Governor Shaktikanta Das, also discussed about measures to strengthen the systems against frauds

Linking loans to external benchmark: Why it won't be easy for banks

Banks in India are not wholesale-funded entities as in developed markets, but deposit-taking. Only a percentage of their books is linked to borrowing at the repos window

Corporate tax cut to make India a hub of investment: Shaktikanta Das

In the biggest reduction in 28 years, the government on Friday cut corporate tax rate by almost 10 percentage points as it looked to pull the economy out of a six-year low growth

It's a bold move: RBI Guv Shaktikanta Das welcomes corporation tax cuts

The measures will augur extremely well and will be highly positive for our economy, Shaktikanta Das said at an event in Delhi

Experience more relevant than what you learnt 35-40 yrs ago: RBI governor

Das pulled out from retirement and dashed to the Mint Road within two days of Urijit Patel quit on December 10, 2018, after many a run-in with the government

Steps being taken to create conducive climate for exports: Shaktikanta Das

With regard to foreign portfolio investment (FPI), several measures have been undertaken to create an investor-friendly regime and to put in place a more predictable policy environment

New corporate tax rates closer to global ones, says Shaktikanta Das

The finance minister on Friday slashed the effective corporate tax rates to 25.17 per cent (inclusive of all cess and surcharges) from 30 per cent for all domestic companies

More rate cut hinges on incoming dataprints, says Shaktikanta Das

Since February, the RBI has reduced repo rate by 110 basis points in four successive actions

RBI in talks with govt to ensure mega bank mergers are non-disruptive: Das

The critical issue is to ensure that the process of transition following the merger should be in the most non- disruptive manner, he said

Nobody interferes in my decision-making, but govt is sovereign: RBI Guv

Das said there has to be exchanges of ideas and explaining one's position to the other is necessary as it creates a harmonious and healthy relationship

Shaktikanta Das expects growth to pick up from Q2 on govt spending

In a major fiscal booster, the government slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies

Best of BS opinion: Working towards a sane society will bring prosperity

Here's a selection of Business Standard opinion pieces for the day

Room for rate cuts, not fiscal expansion, says RBI governor Shaktikanta Das

He was not willing to comment about the potential real interest rate of India that the central bank should fixate upon as the MPC cannot pursue multiple targets

Banks will have to take balanced call on NBFC crisis: RBI's Shaktikanta Das

It means the existing promoters should go for a stake sale, bring in new promoters or new money into their NBFCs

Banks will have to take more haircuts in NBFC resolution process: Das

Das' comment on non-banking finance companies (NBFCs) comes at a time when banks are grappling with the resolution of stressed cases

Room for more rate cuts but govt has little room for fiscal expansion: Das

"Despite rising external risks, domestic economy is resilient as foreign debt is only 19.7 per cent of GDP," said the RBI governor

5% GDP growth in Q1 a surprise, but govt's steps will help economy: RBI Guv

Expressing concern over the first quarter GDP numbers, the RBI Governor said the numbers definitely looked much worse because the RBI had projected 5.8 per cent

Current account maybe impacted if oil crisis continues: Shaktikanta Das

Drone attack damaged the world's biggest crude oil processing plant in Saudi Arabia and led to a 19 per cent surge in oil prices.