Reserve Bank of India Governor Shaktikanta Das met World Bank President Ajay Banga during the G20 Summit in Gandhinagar, Gujarat and discussed various issues.
Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday met with Thomas Jordan, the Chairman of Governing Board, Swiss National Bank, during the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.
Evidence and analysis are core inputs in policy formulation, Reserve Bank of India Governor Shaktikanta Das said on Friday and noted that policymaking and monitoring processes have increasingly become more data-intensive
"Our job is only half done, having brought inflation within the target band (4-6 per cent). Our fight against inflation is not yet over," said the governor at the latest monetary policy meeting held during June 6-8, whose Minutes were published on Thursday.
New Delhi [India], June 14: The stability of economies across the world saw wide-ranging volatility throughout the previous decade of the 2010s. Branching off from the above turbulent times, the banking sector in India had found itself in precarious times since the mid-2010s which sparked an
India's economic growth in the past few years is mainly driven by robust domestic demand and the country will continue to remain among the fastest-growing large economies in 2023, said Reserve Bank of India Governor Shaktikanta Das.
The Supreme Court once again declined an urgent hearing of a plea challenging RBI's decision permitting citizens to exchange Rs 2000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
Investors eye policy outcome of the meeting, headed by RBI governor Shaktikanta Das, to be announced Thursday. A majority of analysts expect the RBI will continue to keep the repo rate unchanged at 6.5 per cent.