Tag: RBI Governor

Governor Das for greater participation of banks in rupee derivatives in India, abroad

April 8, 2024 admin

RBI Governor Shaktikanta Das. | Photo Credit: ANI Reserve Bank Governor Shaktikanta Das on April 8 stressed the need for greater participation of Indian banks in rupee derivatives market, both domestically and offshore, while being prudent. The Governor noted that participation of domestic banks in derivative markets remains limited with only a small set of…

Business

Food inflation keeps RBI worried

April 5, 2024 admin

The spike in food prices has kept the Reserve Bank of India (RBI) worried even though overall inflation has moderated to a certain extent. On April 5, the Central bank’s Monetary Policy Committee decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50%. This is the seventh time that…

Business

Monetary policy ought to remain actively disinflationary: RBI governor Shaktikanta Das

October 20, 2023 admin

RBI governor Shaktikanta Das delivers the plenary address at the ‘Kautilya Economic Conclave’, in New Delhi, on October 20, 2023. | Photo Credit: PTI Reserve Bank of India (RBI) governor Shaktikanta Das on October 20 stressed that the monetary policy must remain actively disinflationary to ensure that the decline in inflation from its peak of…

Business

RBI Ahead Of Exchange Deadline

October 6, 2023 admin

RBI announced to withdraw the Rs 2,000 note on May 19 (Representational) Mumbai: Governor Shaktikanta Das on Friday said Rs 3.43 lakh crore of Rs 2,000 denomination notes have come back to the system so far, and reminded the public that they can return the withdrawn notes at 19 RBI offices from October 8. Addressing…

Business

₹2,000 notes worth ₹3.43 lakh crore have come back: RBI Governor

October 6, 2023 admin

On May 19, 2023, the RBI announced its intent to withdraw the ₹2,000 notes introduced in 2016 for quick remonetisation. File | Photo Credit: The Hindu Governor Shaktikanta Das on October 6 said ₹3.43 lakh crore of ₹2,000 denomination notes have come back to the system so far, and reminded the public that they can…

Business

RBI to harmonise Internal Ombudsman framework to strengthen customer grievance mechanism: Shaktikanta Das

October 6, 2023 admin

RBI governor Shaktikanta Das. File | Photo Credit: ANI With a view to strengthen customer grievance redressal system, RBI governor Shaktikanta Das on October 6 said the Central bank decided to effect certain changes and also consolidate and harmonise the Internal Ombudsman guidelines into a single master direction. “This will further strengthen the customer grievance…

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RBI Governor Shaktikanta Das Ranked Top Central Banker Globally

September 1, 2023 admin

He has been rated ‘A ‘ in the Global Finance Central Banker Report Cards 2023. Mumbai: Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally by US-based Global Finance magazine. He has been rated ‘A ‘ in the Global Finance Central Banker Report Cards 2023. Mr Das has…

Nation

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

August 10, 2023 admin

The Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged, RBI Governor Shaktikanta Das said in Mumbai on August 10, 2023. | Photo Credit: Emmanual Yogini The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%. Consequently,…

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