Shaktikanta Das

Indian economy getting back to normalcy, says RBI Governor Shaktikanta Das

The RBI Governor was addressing the 7th SBI Banking & Economics Conclave on Saturday in which he said RBI has taken several measures to protect our financial system, support the economy in the current crisis.

Jul 11, 2020, 11:35 AM IST

RBI discusses current macroeconomic situation, evolving challenges posed by COVID-19 in 583rd board meeting

The Central Board of the RBI met under the Chairmanship of RBI Governor Shaktikanta Das through video conference.

Jun 26, 2020, 16:49 PM IST

Realtors want banks to pass on benefit of rate cut to customers; demand one-time debt restructuring

The industry hailed the extension in the moratorium on loan repayment but felt it was not enough.

May 22, 2020, 16:56 PM IST

Reserve Bank extends Rs 15,000-cr credit line to EXIM Bank

The central bank said Export-Import Bank of India (EXIM Bank) depends on foreign currency borrowings for its operations and as a result of the COVID-19 pandemic, it is unable to raise the resources, due to which the facility is being extended.

May 22, 2020, 14:12 PM IST

RBI relaxes rules for withdrawal from CSF; States may get extra Rs 13,300 crore

State governments maintain a Consolidated Sinking Fund (CSF) with RBI as a buffer for repayment of their liabilities.

May 22, 2020, 14:10 PM IST

Full Text: Statement of RBI Governor Shaktikanta Das on developmental and regulatory policies

This Statement sets out various developmental and regulatory policy measures to improve the functioning of markets and market participants.

May 22, 2020, 13:31 PM IST

GDP growth in 2020-21 to be in negative territory: RBI Governor Shaktikanta Das

Das said that domestic economic activity has been impacted severely by the lockdown which has extended over the past two months.

May 22, 2020, 12:02 PM IST

Reserve Bank of India slashes repo rate by 40 bps to 4%

The Central Bank has reduced the key policy rate for the second time this year.

May 22, 2020, 11:15 AM IST

RBI extends moratorium on loan repayments by three more months to August 31

Loans on all tenures have now been extended from June 1 till August 31.

May 22, 2020, 10:56 AM IST

PM Modi praises RBI, says decision will provide relief

PM Modi praises RBI, says decision will provide relief to farmers, poor and small businessmen

Apr 17, 2020, 14:40 PM IST

RBI's steps will improve credit supply, help small businesses, farmers, says PM Narendra Modi

The reverse repo rate cut will discourage banks from parking cash with the RBI and encourage them to lend to the economy.

Apr 17, 2020, 14:32 PM IST

India stands tall despite corona pandemic, says RBI Governor

Addressing the fact that global financial markets remain volatile, RBI Governor Shaktikanta Das in a video address on Friday said that India is expected to show a sharp turnaround in FY22, when the COVID-19 crisis is over.

Apr 17, 2020, 12:04 PM IST

India's GDP may grow at 7.4% in 2021-22, best among G20 nations: RBI Governor

Reserve Bank of India Governor Shaktikanta Das addressed the media amid the ongoing coronavirus crisis the country is going through. 

Apr 17, 2020, 10:30 AM IST

Big announcements by RBI Governor, so that public doesn't faces inconvenience during lockdown

During Lockdown in India, Shaktikanta Das, Governor of Reserve Bank of India (RBI), made all types of loans affordable to the public. He announced of reduction in repo rate which will reduce your EMI. Along with this, relief was also announced in giving EMI for three months.

Mar 27, 2020, 13:00 PM IST

COVID-19: Key policy decisions taken by RBI to combat coronavirus pandemic

Here are some of the key policy decisions taken by RBI on Friday.

Mar 27, 2020, 12:23 PM IST

RBI Governor announces amid Coronavirus outbreak, 'Deduction in interest rates by 75 bps'

Reserve Bank of India (RBI) Governor Shaktikanta Das has cut interest rates by 75 basis points to 4.4% today. He also announced several measures to add 3.74 lakh crore liquidity to the system.

Mar 27, 2020, 12:18 PM IST

RBI cuts repo rate cut by 75 bps to 4.4%, CRR by 100 bps to 3%: Full statement

Calling the coronavirus COVID-19 pandemic an ''unprecedented threat and invisible assassin'', the Reserve Bank of India (RBI) on Friday (March 27, 2020) cut the Repo Rate by 75 basis points to 4.4 per cent and slashed Reverse Repo Rate by 90 basis points to 4 per cent as part of measures to ease the pain on banks and industries which are suffering from the 21-day lockdown. 

Mar 27, 2020, 12:11 PM IST

Coronavirus COVID-19 crisis: Indian banking sector safe and sound, don’t resort to panic withdrawal from private banks: RBI

 "The Indian banking sector is safe & sound. Depositors of commercial banks including private  banks need not worry on the safety of their funds,’’ RBI Governor Shaktikanta Das said.

Mar 27, 2020, 11:19 AM IST

Coronavirus COVID-19 pandemic: RBI Governor Shaktikanta Das to address media today

The RBI, which indicated that it was willing to act in coordination with the government to fight the COVID-19 impact on the economy, could announce a few measures to ease the pain on banks and industries which are suffering from the lock down.

Mar 27, 2020, 09:18 AM IST

Budget 2020 has created eco-system to revive demand and consumption, says RBI Governor Shaktikanta Das

Das said the RBI saw an imminent slowdown in growth early in 2019 and used the space that was opened up by the moderation in inflation to cut interest rates on five consecutive occasions.

Feb 17, 2020, 20:04 PM IST