Search For "shaktikanta das"
US Fed comments infused "substantial" volatility in global markets: RBI Go
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 6 (ANI): The commentary from the US Federal Reserve at the recently-held Jackson Hole conference on the future trajectory of US monetary policy has infused substantial volatility into global financial markets, said the Reserve Bank of India (RBI) Gover
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Central Board of Directors of RBI meets in Jaipur
Updated : 3 years, 7 months ago IST
Jaipur (Rajasthan) [India], August 26 (ANI): The 597th meeting of the Central Board of Directors of the Reserve Bank of India was held on Friday at its regional office in Jaipur under the chairmanship of Governor Shaktikanta Das.
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Inflation remains unacceptably and uncomfortably high: RBI Governor at MPC
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): Though inflation has moderated and plateaued since its recent peak of April 2022, it remains unacceptably and uncomfortably high, Reserve Bank of India (RBI) Governor Shaktikanta Das said in his intervention during the Monetary Policy Committee
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RBI Governor says, 50 bps rate hike is the new normal across the world
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
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RBI hikes repo rate for third time: Here's what experts have to say
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India (RBI) has 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-pandemic level
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Rupee depreciation more because of US dollar strength than weakness in fun
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Re
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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, 8 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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