Search For "governor shaktikanta das"
RBI Monetary Policy: Latest hike takes repo rate above pre-pandemic levels
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pande
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Indian stocks largely steady, RBI's policy outcome in focus
Updated : 3 years, 7 months ago IST
New Delhi [India], August 5 (ANI): Indian stocks traded largely steady this morning ahead of the Monetary Policy statement of the Reserve Bank of India Governor Shaktikanta Das scheduled at 10 a.m., where he will announce the outcomes of the latest monetary policy review meeting.
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RBI set to hike policy rates for the third time in a row to tame inflation
Updated : 3 years, 7 months ago IST
New Delhi [India], August 4 (ANI): The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure.
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Will engage with forex market, ensure rupee trades in line with fundamenta
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): The Reserve Bank of India will continue to engage with the foreign exchange market and ensure that the rupee finds its level in line with its fundamentals, said Governor Shaktikanta Das.
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Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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RBI Governor says inflation expected to ease in second half of 2022-23
Updated : 3 years, 8 months ago IST
New Delhi [India], July (ANI): India's inflation is expected to ease gradually in the second half of the current financial year 2022-23, "precluding the chances of a hard landing" monetary policy actions, said the Reserve Bank of India Governor, Shaktikanta Das.
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Cryptocurrencies are a clear danger, need to guard against any disruption
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 30 (ANI): Cryptocurrencies are a clear danger and anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name, RBI Governor Shaktikanta Das has said in the foreword of the Financial Stability Re
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Inflation expected to remain higher than RBI tolerance level till Dec: Sha
Updated : 3 years, 8 months ago IST
New Delhi [India], June 24 (ANI): India's headline inflation is expected to remain higher than the Reserve Bank of India (RBI) upper tolerance level of 6 per cent till December 2022, RBI Governor Shaktikanta Das has said.
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RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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Risks to FinTech pose challenge to financial stability: RBI Governor
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said the need to regulate the financial technology (FinTech) firms emanates from the challenges they pose to the financial system and the new risks they carry.
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Calling by loan recovery agents at odd hours unacceptable: RBI Governor
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Calling at odd hours and use of foul language by loan recovery agents is unacceptable, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday.
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RBI Governor advises Indian entrepreneurs to adjust to new business models
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 9 (ANI): Businesses are facing multiple challenges posed by shocks such as the global financial crisis, COVID-19 pandemic, and now the war in Europe and the success of Indian entrepreneurs in the coming years will depend on how quickly and efficiently they
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