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Monday, February 17, 2020

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RBI GOVERNOR NEWS

Transmission of rate cuts improving; inflation spike factored in, says RBI Governor

February 16, 2020 1:07 am

RBI Governor Shaktikanta Das also said the inflationary impact of government spending as outlined in the Union Budget for 2020-21 won’t be much, adding the government has adhered to the principle of fiscal prudence.

RBI saw growth slowdown, acted ahead of time by cutting rates from February: Shaktikanta Das

December 16, 2019 1:14 pm

The comments from Shaktikanta Das come following a series of five consecutive rate cuts by Reserve Bank of India (RBI) starting February this year by a cumulative 1.35 per cent.

Mood of doom and gloom is not going to help anyone: RBI Governor Shaktikanta Das

August 20, 2019 7:25 am

Growth is a matter of highest priority and every policymaker is concerned with it, Das said. “I am not saying we maintain a Panglossian (excessive optimism) countenance and smile away every difficulty.

Clear evidence of economic activity 'losing traction': RBI Governor Shaktikanta Das

June 20, 2019 10:27 pm

As per the minutes of the June 3-6 Monetary Policy Committee, Das said that since the last meeting of the rate-setting panel in April 2019, greater clarity has emerged about the evolving macroeconomic situation. The minutes of the meeting were released by RBI on Thursday.

Third straight RBI rate cut seen as economy cools

June 06, 2019 7:57 am

At its last policy meeting, the central bank cut its GDP forecast for the current fiscal year to 7.2% from 7.4%. Still, the reading depends on how the crucial monsoon season pans out.

Amid calls for rate cut, RBI Governor’s caution: Growth OK, inflation a worry

January 19, 2019 9:58 am

RBI Governor Shaktikanta Das expected growth to be more sustainable now, propelled by private consumption and investment. India will grow at around 7.5 per cent a year in the medium term, he said.

RBI Governor Shaktikanta Das involved in 'corruption', alleges Subramanian Swamy

December 22, 2018 8:47 pm

"The new governor of (RBI) is highly corrupt. I got him removed from the (Finance Ministry). I am calling Shaktikanta Das as a corrupt person. I am surprised that the man I got removed from the Finance Ministry for corruption was brought in as governor," Subramanian Swamy said.

'Yes-man Das' dangerous as RBI Governor, warns Shiv Sena

December 15, 2018 4:24 pm

Questioning Das' credentials for the crucial post, the Sena said while the two previous RBI governors were world-renowned economists, the current incumbent is only a graduate with no "known" knowledge of economics, and is an IAS officer (bureaucrat) with specialisation in history.

RBI Governor Urjit Patel appears before Parliamentary panel; assures steps to strengthen banking system

June 12, 2018 2:24 pm

In his last appearance before the panel, RBI Governor Urjit Patel was also questioned on loan restructuring programmes, which lead to ever greening of loans, and resolution of defaults under the IBC, sources had said.

Ex-RBI Governor raised loan waiver concerns in letter to ECI, informs Arun Jaitley

January 06, 2018 1:33 am

While it’s not clear who that ex-governor was, Raghuram Rajan had in 2014 said interest subventions and loan waivers could distort the price of credit and also lead to misuse of such schemes.

RBI GOVERNOR PHOTOS

Today in pics: RBI Governor Raghuram Rajan addresses press conference

August 05, 2014 4:35 pm

The Reserve Bank on Tuesday kept key policy rate unchanged, giving no respite either to borrowers or India Inc.