Search For "shaktikanta das"
RBI hikes repo rate by 0.40 per cent, cites inflation worries
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): The Reserve Bank of India's Monetary Policy Committee in an unscheduled meeting on Wednesday unanimously decided to increase the policy repo rate by 40 basis points to 4.40 per cent with immediate effect citing inflation worries.
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RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): In a surprise move, the Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect.
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RBI may shift focus to inflation, start hiking policy rates from August
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): The Reserve Bank of India (RBI) has maintained the policy repo rate at a record low of 4 per cent for almost the past two years in order to support economic growth, hit by COVID-19 pandemic. Although in the first policy review of the current financial yea
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Card-less cash withdrawal to be made available at all ATMs: RBI
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday proposed to make card-less cash withdrawal facility available across all banks and automated teller machine (ATM) networks using unified payments interface (UPI).
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RBI cuts real GDP growth projection to 7.2 pc for FY 23
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
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RBI keeps repo, reverse repo rates unchanged for 11th time in row
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th consecutive time.
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COVID-related relief measures have sunset date: RBI Governor
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 21 (ANI): All COVID-related liquidity relief measures extended by the central bank have come with a sunset date and would be withdrawn in due course, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.
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RBI launches UPI service for feature phones
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 8 (ANI): The Reserve Bank of India (RBI) on Tuesday launched a unified payments interface (UPI) service for feature phones, a move which is expected to give a big boost to digital payment adoption in the country.
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Timing, communication key to effective monetary policy, says Shaktikanta D
Updated : 4 years ago IST
New Delhi [India], March 4 (ANI): Amid growing pressure to increase policy rates to control inflation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday monetary policy is an art of managing expectations and central banks have to make continual efforts to shape and anch
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India's retail inflation likely rose to 6 per cent in January, says RBI Go
Updated : 4 years, 1 month ago IST
New Delhi [India], February 14 (ANI): India's retail inflation for January, which is scheduled to be announced later in the day, might have accelerated to 6 per cent, the upper tolerance limit of the central bank, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday. Read More
RBI stance on rates to support export growth as early Feb trend shows 28.5
Updated : 4 years, 1 month ago IST
New Delhi [India], February 10 (ANI): Reserve Bank of India Governor Shaktikanta Das' Monetary Policy Statement on maintaining the status quo in key rates to support exports and manufacturing comes opportunely as early trends of the country's exports in February indicate shipments grew by 28
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Cryptocurrency big threat for financial stability: Shaktikanta Das
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 10 (ANI): Cryptocurrency is privately created and it is a very big threat to the country's macroeconomic and financial stability, RBI Governor Shaktikanta Das said on Thursday.
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