Shaktikanta Das

Will meet bank chiefs on rate cut, says RBI Governor Shaktikanta Das

The transmission of monetary policy decisions is important in the economy, he said in a press conference after Finance Minister Arun Jaitley addressed the central bank board.

Easy does it

Low inflation stokes expectations of further monetary easing. But macroeconomic stability concerns remain

RBI to transfer Rs 28,000 cr as interim dividend to government

Today's decision of the transfer makes this the second consecutive year that the Reserve bank will be granting an interim surplus to the Centre. The RBI follows the July-June fiscal calendar. 

Will meet bank heads on Feb 21 on transmission of rate cuts, says RBI Guv

Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent. However, only a handful of banks, including SBI, have reduced their rates, that too by just 0.05 per cent.

Monetary Policy Committee meeting: RBI Governor, Deputy Governor differ on rate cut decision

While Shaktikanta Das wanted a 25 bps cut, Viral Acharya opted for status quo.

RBI cuts rate, signals further softening to focus on growth

Repo rate cut by 25 basis points; home, personal loans likely to come down.

Shaktikanta Das: Shift in stance provides room to address challenges

It is noteworthy that the path of inflation has moved downwards significantly, and over the period of the next one year, headline inflation is expected to remain contained below or at the target of 4 per cent, said Shaktikanta Das.

Shaktikanta Das underplays fiscal concerns, inflationary impact

The RBI Governor said the central bank will ensure adequate liquidity in the economy. “We are continuously monitoring the liquidity situation and will ensure that there is no liquidity scarcity to any sector,” Das said.

RBI cuts lending rate by 0.25%, projects GDP growth at 7.4%

This was the first monetary policy presented by Governor Shaktikanta Das after he took over in December.

RBI Governor meets PSU banks' CEOs, conveys regulator's expectations

With softer retail and wholesale price-based inflation, the Reserve Bank is likely to change its policy stance to 'neutral' from 'calibrated tightening' in the February policy.

After Sushma Swaraj, Economic Affairs Secretary Slams Amazon For Selling Indian Flag Doormats

India’s economy has improved: Shaktikanta Das

New Delhi, Feb 09 (ANI): Talking about the India’s economic growth, Secretary for Economic Affairs Shaktikanta Das said that there has been improvement in the numbers as the economy expectedly eased in the quarter through December. He added that it was quite satisfying and the direction of growth is that basically what reflects in the policies and reform measures of government. He added that industrial growth with special focus on manufacturing showed more positive results.

China seems to be moving towards market linked pricing of the Yuan: Shaktikanta Das

New Delhi, Jan 07 (ANI): Economic Affairs Secretary Shaktikanta Das on Thursday said the new normal in global economy is uncertainty. He said that China seems to be moving towards market linked pricing of the Yuan. He also stated that YMF has accepted Yuan as a reserved currency. China devalued the Yuan in a move that rippled through global markets. As policy makers stepped up efforts to support exporters and boost the role of market pricing in Asia’s largest economy.