Page 30 - Shaktikanta Das

India's potential growth is definitely 7.5% plus: Shaktikanta Das

The growth-focused governor, under whose chairmanship the MPC executed two back to back rate cuts of 25 basis points each since February, said India needs to grow at 8% to eliminate poverty

Govt refuses to reveal details on RBI Governor Shaktikanta Das appointment

Das was on December 11, 2018 named as the Reserve Bank of India (RBI) Governor by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi for three years

'Regulatory sandbox' norms for fintech firms in 2 months: Shaktikanta Das

Das said the RBI encouraged banks to explore new alliances with fintech firms as it could be pivotal in accelerating the agenda of financial inclusion

RBI governor calls for more consistency among finance commissions

He also called for a 'permanent status to finance commissions' where the old commission continues to implement schemes till the next commission starts functioning

There has to be free, fair discussion between govt and RBI: Shaktikanta Das

Shaktikanta Das has been pragmatic and more accommodative of the financial market's concerns even as he keeps his counsel

Rating agencies have a critical role in financial sector: RBI governor

Reserve Bank Governor Shaktikanta Das Friday said credit rating agencies play a critical role in the stability and efficient functioning of the financial sector. Das Thursday held a meeting with top officials of credit rating agencies as part of stakeholder consultation exercise. "Credit Rating Agencies (CRAs) have a critical role in the financial sector, its stability and efficient functioning. Held a meeting with MD/CEOs of CRAs yesterday as part of stakeholder consultation," he tweeted. Domestic credit rating agencies include Care, Icra and India Ratings and Research. CRAs have off late come under criticism for failing to timely identify the stressed assets of IL&FS, which saw a series of defaults in loan repayments.

RBI Governor to discuss rate cut transmission with bank chiefs on Feb 21

Commenting on mergers in the banking space, Finance Minister Arun Jaitley said India needs fewer and mega banks which are strong

New RBI governor a cheer leader for growth

Das is distinctly dovish as RBI's inflation projection is benign and he wants to seize the opportunity to support growth. And, this may not be the last rate cut

RBI governor meets PSU banks' CEOs, conveys regulator's expectations

RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7. It would be the first monetary review under the new RBI Governor

After bankers and NBFCs, RBI Governor to meet industry chambers on Thursday

In the run-up to Urjit Patel's resignation last month, multiple stakeholders, including government ministers, had complained about the RBI not listening to industry concerns

RBI Governor Shaktikanta Das meets NBFCs on liquidity crisis, assures help

The NBFCs suggested that the RBI should reduce the minimum holding period to 3 months for loans having maturity of 2-5 years

Taking stock: 20 things that happened at RBI under Shaktikanta Das's watch

Shaktikanta Das completes one month as governor of the Reserve Bank of India on Friday. Here is a list of things he has promised and done in a month.

Liquidity infusion will not be 'easy money': RBI Governor Shaktikanta Das

Das did not rule out the central bank paying interim dividend to the government, but said no decision had been taken yet on the amount to be given

RBI forms committee to look into issues of MSMEs, functioning of banks

He said that he would meet the representatives of Non-Banking Financial Company (NBFC) in Mumbai on Tuesday for discussing the liquidity issues

Generalised loan waiver áffects credit culture, borrowers' behaviour: RBI

He said farm loan waiver is related to the fiscal space that a particular state government has

RBI says haste in easing norms for banks harmful to economy

Defaults rates high, provisions inadequate to cover losses

Shaktikanta Das to interact with private sector lenders next week

As part of the consultative process, Das finished meeting with the public sector lender on Wednesday

RBI governor Das faces more than just regulatory, monetary issues

RBI's HR department issued a circular stating that the bottom 25% in the grade B to C and D to E won't get a promotion, a ceiling raised from the bottom 10% earlier

RBI Guv Shaktikanta Das meets more PSB heads, discusses PCA, MSME credit

The lenders who attended the meeting included Bank of Baroda, Bank of Maharashtra, Allahabad Bank, Indian Overseas Bank, Indian Bank, Syndicate Bank, United Bank of India and Uco Bank among others

Staffers expect new Governor Shaktikanta Das to bring old RBI back

Not only were Urjit and Rajan outsiders, they also hired laterally, bypassing the existing talent, especially in the field of economics