Page 6 - Shaktikanta Das

India to remain accommodative in its monetary policy: RBI governor

India is witnessing a very robust economic recovery, but there is still unevenness across sectors, RBI Governor Shaktikanta Das said

States must step up capex, says RBI governor Shaktikanta Das

Quality spending can have multiplier effect, says Das

RBI-speak: Don't want to rock the boat when shore is visible, says Das

'We have flagged the issue of fuel (taxes). Now, it is for the government to make a decision'

RBI prepares market for return to normalcy

RBI Governor's statement says, this process will be gradual, calibrated, and non-disruptive, while remaining supportive of the economic recovery

India in advanced discussions for inclusion in global bond indices: Das

Das said both RBI as well as the government are speaking with major index providers globally for such an entry.

RBI's dovish policy gives Sensex 381-pts boost; RIL up 4%, IT stocks shine

The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment

IMPS limit to be increased from Rs 2 lakh to Rs 5 lakh: RBI Governor

In addition, the Reserve Bank also proposed to introduce a framework for retail digital payments in offline mode across the country

RBI to manage liquidity in non-disruptive manner: RBI Governor

As part of the liquidity management, Das said the need for undertaking further G-Sec Acquisition Programme (G-SAP) operations at this juncture does not arise

Festive season trends, Q2 GDP growth will set the stage for policy stance

We remain cautious that reviving demand could embolden pricing power, allowing a faster transmission of the supply-side pressures to core inflation

Shaktikanta Das continues to sound dovish, but hints at normalisation

The governor also said that the liquidity surplus in the banking system has increased in Sep, with the potential liquidity overhang amounting to more than Rs 13 trn

Monetary policy highlights: Growth not at pre-pandemic level yet, says RBI

RBI Monetary policy highlights: RBI announcement comes against the backdrop of Covid-19 infections receding in recent days and the economy stablising. Stay tuned for all the LIVE updates

Select NBFCs to now have internal ombudsman on lines of banks: RBI Guv Das

With the objective of upping customer experience, the Reserve Bank on Friday announced an internal ombudsman scheme (IOS) to redress grievances at select non-banking finance companies (NBFCs)

RBI keeps rates on hold to support recovery, 'sail towards normal times'

Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%

RBI governor says no need for further bond-buying, signals policy taper

RBI bought 2.2 trillion rupees of bonds through Government Securities Acquisition Programme, or GSAP, in previous two quarters.

Beyond rates: Five things to watch out for in RBI's monetary policy

The monetary policy committee's commentary on inflation, growth and bonds is of much interest to the market.

Liquidity normalisation is upon us

Growth prospects have brightened and inflation outlook has eased, despite lingering concerns as to potential broad-based supply shocks

Traders, economists see early taper warning signs to markets from RBI

The central bank is increasingly shifting its forex intervention to the forwards market to keep from injecting rupee liquidity, according to analysts.

Big push to infra, education, healthcare needed for sustainable growth: Das

Shaktikanta Das on Wednesday underlined the need for a big push to infrastructure investment, education and digital economy to achieve sustainable growth and generate jobs in smaller cities.

Post pandemic, global trade is vital for economic recovery: RBI governor

Need to increase investment in healthcare, infrastructure for sustainable growth post pandemic, says Shaktikanta Das at an AIMA event

Banks' NPAs stable in June qtr, look manageable; IBC needs improvement: Das

Reserve Bank Governor Shaktikanta Das on Thursday said the stressed assets situation "looks manageable" as the stock of gross NPAs remained stable even after the second wave of pandemic