RBI strengthening regulations for banks and NBFCs: Shaktikanta Das
Persistently high inflation adversely impacts the economy’s allocative efﬁciency and impedes growth, says Das.
Oil threat looms for India as inflation set to breach 6% limit
In India, costs of everything from food to medicines and mobile-phone services...
Government to seek RBI dividend boost as revenue drops
The fresh call comes just months after the RBI approved a Rs 1.76 trillion dividend pa...
‘Farm and Labour Policy Changes Needed for More Equitable Growth’
Even high prices do not benefit farmers as a tiny portion of the price gains reach them
OMO programme on expected lines, says RBI Guv
The RBI has so far carried out three rounds of what is called as 'Open Market Operations' under the programme.
We’ve cut rates but you mustn’t miss targets, Modi tells taxmen
Officials were exhorted to meet the direct tax mop-up target of $187 bn, despite $20 bn of corporate tax cuts.
HDFC slashes home loan rate by 0.05 per cent
"HDFC reduces its Retail Prime Lending Rate (RPLR) on housing loans, on which its adjustable rate home loans (ARHL) are benchmarked by 5 basis points with effect from January 6, 2020," the mortgage lender said in a statement.
RBI launches 'MANI' app for visually challenged to identify currency notes
Users can download the app, called 'MANI', which is an acronym for Mobile Aided Note Identifier, and will have to scan the notes using the camera, it said adding that the audio output to give our results will be in Hindi and English.
RBI has not put banks on alert: Shaktikanta Das
RBI Governor Shaktikanta Das was in the city to attend a central board meeting. He also met Chief Minister Naveen Patnaik in the state capital.
Foresaw slump, hence previous rate cuts: Shaktikanta Das
RBI governor Shaktikanta Das told the India Economic Conclave organised by the Times Network that he hopes the RBI’s decision to keep rates unchanged at the last review will prove to be the right step. “In the last MPC meeting when we took a pause, I don’t know why the market said that they were surprised,” he said in Mumbai on Monday.
RBI survey shows investment is picking up, says governor Shaktikanta Das
Citing the survey results, the RBI governor said that the manufacturing firms have increased investments in fixed assets. 45.6 % of the funds available with them were deployed in fixed asset as compared to 18.9% last year, the governor highlighted. The survey also showed that companies are using surplus funds to deleverage their books.
RBI acted ahead of time in reducing policy rates: Shaktikanta Das
Das called for a coordinated policy effort among all advanced economies to prop the global economy.
Shaktikanta Das at IEC: Informed, objective discussion on economy need of the hour
Nation seems to be interested in discussion on economy. Need to have an informed and objective discussion on the economy, says RBI governor ...
NBFCs hope to come out of deep, dark tunnel in 2020
Higher borrowing costs, rising defaults and rating downgrades made 2019 a tumultuous year for NBFCs.
Growth a national objective: Shaktikanta Das
Das, while speaking at the postpolicy press conference on Thursday, said at a critical juncture where growth was slacking, it was of paramount importance that monetary policy and fiscal policy work in coordination to achieve the best results in the national endeavour to revive growth. The career bureaucrat entered the RBI headquarters last December.
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