[ad_1] India has become a leader in ensuring social security through digitisation, Prime Minister Narendra Modi said on Sunday, citing the World Bank, after he launched 75 Digital Banking Units […]
Tag: shaktikanta das
’75 digital banking units set up in record 6 months’: RBI Governor
[ad_1] With Prime Minister Narendra Modi dedicating 75 digital banking units (DBUs) to the country, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Sunday that these units were […]
Banks, markets strong enough to withstand extreme volatility: RBI Governor
[ad_1] Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are […]
‘Unacceptably, uncomfortably high’: RBI governor on unabating inflation
[ad_1] Amid raging concerns over price rise, Reserve Bank of India (RBI) governor Shaktikanta Das has said that though inflation moderated and plateaued since April, it remains “unacceptably and uncomfortably […]
Cryptocurrencies are a clear danger says RBI Governor Shaktikanta Das
[ad_1] Reserve Bank of India Governor Shaktikanta Das on Thursday described cryptocurrencies as “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just […]
RBI governor Shaktikanta Das says businesses should avoid short-term reward-seeking culture
[ad_1] RBI governor Shaktikanta Das said the common characteristics of some of the inappropriate business models or strategies that have come to the RBI’s notice includes inappropriate funding structure, building […]
RBI hikes policy rate to 4.9%
[ad_1] New Delhi: Loans, including retail loans and mortgages, will get costlier with the Reserve Bank of India’s Monetary Policy Committee (MPC) announcing a 50 basis point – one basis […]
Reserve Bank hikes rates for 2nd straight month; no ‘accommodative’ in stance
[ad_1] The Reserve Bank of India’s key interest rate was raised by 50 basis points on Wednesday as widely expected, the second hike in as many months, in a bid […]
RBI may hike policy interest rates, inflation forecast tomorrow: Top points
[ad_1] The Reserve Bank of India (RBI) is expected to increase the benchmark lending rate by 25-50 basis points on Wednesday as inflation continues to remain above its comfort level, […]
Apollo makes $1 billion bet on Indian property with lending plan
[ad_1] Apollo Global Management Inc. is planning to lend about $1 billion to developers in India this year, betting on a recovery in the residential property market as the pandemic […]
RBI shocks markets with lending rate hike before US Federal Reserve’s decision
[ad_1] India’s central bank raised its key interest rate and moved to drain liquidity from the banking system in a surprise move Wednesday, sending bonds and stocks crashing, as it […]
RBI hikes repo rate to 4.0% in a surprise move, EMIs likely to go up
[ad_1] Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday announced that Monetary Policy Committee (MPC), in an unscheduled policy review with a view to contain inflation, voted unanimously […]
Four charts that explain why the MPC is worried about the Indian economy
[ad_1] The Monetary Policy Committee (MPC) of RBI finished its three-day long on April 8. The MPC resolution paints a grim picture of the Indian economy. Going forward, MPC sees […]
RBI keeps key lending rate unchanged, real GDP growth projected at 7.2%
[ad_1] In the first monetary policy of the new financial year, the RBI has kept the repo rate – or the key lending rate – unchanged. “The Monetary Policy Committee […]
Bad loans: Why, this time, it’s different
[ad_1] Non-performing assets (NPA) or bad loans of banks have come down to their lowest levels, Reserve Bank of India (RBI) governor Shaktikanta Das said at a Confederation of Indian […]