Saturday, January 29, 2022

Shaktikanta Das

RBI maintains status quo for 9th consecutive time; retains repo rate at 4 pc

Mumbai: The Reserve Bank of India (RBI) on Wednesday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with...

Editorial: Regulate virtual currency market

With the Reserve Bank of India (RBI) taking a rather tough stand on cryptocurrencies, a question mark hangs over the fate of the unregulated...

Shaktikanta Das given 3-year extension as RBI governor

Das was appointed the RBI's 25th governor on December 11, 2018, initially for a period of three years.

Economic activity recovering since late-May: Shaktikanta Das

He also said the financial system is on the front foot to aid recovery, but the priority is to maintain and preserve financial stability.

No change in RBI’s view on cryptocurrencies: Shaktikanta Das

The RBI had first come out with a circular on the issue in 2018, cautioning people about investing in cryptocurrencies, which do not have any sovereign character.

How good will be Bad BankĀ 

The soaring NPAs, despite several interventions like Dispute Resolution Tribunals, Asset Reconstruction Companies and Insolvency and Bankruptcy Code, now get another pill

RBI Board approves transfer of Rs 99,122 cr as surplus to Centre

The decision to transfer the surplus to the central government was taken at the meeting of the Central Board of Directors of RBI

Shaktikanta Das asks PSBs to quickly implement measures announced by RBI

Earlier this month, the governor had announced a slew of measures, including term liquidity facility of Rs 50,000 crore to ease access to emergency health services.

RBI targets 5.2 per cent retail inflation for first half of FY22

Reserve Bank of India (RBI) has kept the key repo rate unchanged at 4 per cent to support growth in the current situation.

RBI keeps interests rates unchanged

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.

Reserve Bank of India flags major concerns over cryptocurrency

Both RBI and government are committed to financial stability. We have flagged certain concerns around cryptocurrencies which are being traded in the market. We have flagged certain major concerns to the government

RBI concerned over impact of cryptocurrency: Das

While Das did not elaborate further, the central bank had in the past expressed concerns on digital currencies being used for money laundering and terror funding.

Economic growth will only move upwards: Shaktikanta Das

The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week.

One nation one ombudsman: Reserve Bank of India

The move is intended to make the process of redress of grievances easier by enabling the customers of the banks

RBI to look at harmonising regulations for microfinance lenders

Concerns have been raised about the law, which seeks to "protect and relieve" economically vulnerable groups from usurious interest rates and coercive recovery means

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