February 25, 2020 4:43 am
He said, in terms of recent progress, the Indian banking sector is slowly turning around on the back of improvements in asset quality with enhanced resolutions through the Insolvency and Bankruptcy Code (IBC).
February 21, 2020 4:33 am
The RBI panel, which projected a 5 per cent growth in 2019-20, kept the repo rate unchanged at 5.15 per cent at the policy review on February 6.
February 20, 2020 11:28 am
Government-RBI relations are on a more even keel but central bank must tread carefully to safeguard the right balance.
February 19, 2020 10:15 am
Asserting that the central bank has the space for independence and autonomy, RBI Governor Shaktikant Das said all decisions taken in the last year “are our own objective, independent decisions”.
February 19, 2020 11:00 am
RBI Governor Shaktikanta Das underlined the central bank’s focus on growth and financial stability, its relationship with the government and the challenge in sustaining the first trickle of positive numbers.
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.
February 15, 2020 5:47 pm
On the impact of Budget on inflation, Shaktikanta Das said that the escape clause used by the government is well within the parameters set by the Fiscal Responsibility and Budget Management Act committee.
February 07, 2020 2:22 pm
Even though the RBI did not change the policy repo rates, Governor Das has managed to surprise everyone by adopting an unconventional approach.
February 06, 2020 1:31 pm
"The RBI has several instruments to address the sluggishness in the growth momentum," Das told reporters at the customary post-policy conference.
January 25, 2020 4:58 am
Citing limitations of monetary policy to push growth, Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said structural reforms and more fiscal measures are needed to revive growth.
January 16, 2017 3:17 pm
February 09, 2016 6:01 am
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.
January 07, 2016 10:27 am
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.
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