Rbi Governer Das
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RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
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RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
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Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
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Indian Economy Made Solid Recovery Despite Global Challenges: RBI Governor
Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a solid recovery and is among the fastest-growing large economies despite heightened uncertainties and formidable headwinds.
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Found Gaps In Corporate Governance At Banks Despite Guidelines: RBI Governor
The Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said on Monday.
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RBI Officials, Bank Executives To Hold Talks On Supervisory Issues In May: Report
India's central bank will hold separate meetings with the executive of state-run and private banks late next month to discuss supervision, ethics and governance issues, five banking sources said.
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Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
With the aim to foster global economic cooperation, the first G20 Finance Minister and Central Bank Governors (FMCBG) meeting is being held in Bengaluru on Friday. PM Modi gave opening remarks at the meet via a video message.
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Turbulent Year for Cryptocurrencies Could Spur Progress Towards Regulatory Norms for Digital Assets in 2023
Cryptocurrency could see more regulatory norms in 2023, after a year of turbulence that saw the collapse of massive trading platform FTX. The Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said last month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "...
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RBI Ready To Inject More Cash, If Needed: Governor Shaktikanta Das
India's banking system liquidity has slipped into deficit in October, but improved in recent weeks amid heavy government spending, traders have said.
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RBI Says Can't Release Its Report To Government On Missing Inflation Target
The Reserve Bank of India (RBI) will not immediately release details of a report to the government explaining why it has failed to meet its targets for inflation, Governor Shaktikanta Das said.
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Letter To Centre On Missing Inflation Target Will Not Be Made Public: RBI
RBI Governor Shaktikanta Das on Friday said the central bank considers the communication to the government for missing the inflation targets as privileged communication and will not be making it public.
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Rupee Has Held Its Own In An Extreme Volatile Environment: RBI Governor
Reserve Bank of India Governor Shaktikanta Das, in his keynote address at the FIMMDA (Fixed Income Money Market And Derivatives Association Of India) annual event, said the central bank helped macroeconomic stability despite a volatile global scenario.
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Police Tactics Are Chilling India’s Crypto Winter: Andy Mukherjee
Days after the Enforcement Directorate froze $8 million in WazirX assets, Binance Chief Executive Officer Changpeng Zhao denied owning the country's largest crypto exchange. Last month, RBI Governor Shaktikanta Das termed cryptocurrencies as a “clear danger” in Singapore last month. Meanwhile, government agencies have trained their eye on India...
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Cryptocurrencies a ‘Clear Danger’, Warns RBI Governor Amid Global Crypto Uncertainty
RBI Governor Shaktikanta Das described cryptocurrencies as a ‘clear danger’ on Thursday. Warning about the risks of cryptocurrencies yet again, the central bank governor stated that “anything that derives value based on make believe”, without any underlying value, is simply “speculation under a sophisticated name”. The RBI’s warning c...
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Centre Mindful Of Current Inflation Situation, Says RBI Governor
Reserve Bank Governor Shaktikanta Das on Wednesday said the government is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
-
Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
-
Indian Economy Made Solid Recovery Despite Global Challenges: RBI Governor
Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a solid recovery and is among the fastest-growing large economies despite heightened uncertainties and formidable headwinds.
-
Found Gaps In Corporate Governance At Banks Despite Guidelines: RBI Governor
The Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said on Monday.
-
RBI Officials, Bank Executives To Hold Talks On Supervisory Issues In May: Report
India's central bank will hold separate meetings with the executive of state-run and private banks late next month to discuss supervision, ethics and governance issues, five banking sources said.
-
Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
With the aim to foster global economic cooperation, the first G20 Finance Minister and Central Bank Governors (FMCBG) meeting is being held in Bengaluru on Friday. PM Modi gave opening remarks at the meet via a video message.
-
Turbulent Year for Cryptocurrencies Could Spur Progress Towards Regulatory Norms for Digital Assets in 2023
Cryptocurrency could see more regulatory norms in 2023, after a year of turbulence that saw the collapse of massive trading platform FTX. The Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said last month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "...
-
RBI Ready To Inject More Cash, If Needed: Governor Shaktikanta Das
India's banking system liquidity has slipped into deficit in October, but improved in recent weeks amid heavy government spending, traders have said.
-
RBI Says Can't Release Its Report To Government On Missing Inflation Target
The Reserve Bank of India (RBI) will not immediately release details of a report to the government explaining why it has failed to meet its targets for inflation, Governor Shaktikanta Das said.
-
Letter To Centre On Missing Inflation Target Will Not Be Made Public: RBI
RBI Governor Shaktikanta Das on Friday said the central bank considers the communication to the government for missing the inflation targets as privileged communication and will not be making it public.
-
Rupee Has Held Its Own In An Extreme Volatile Environment: RBI Governor
Reserve Bank of India Governor Shaktikanta Das, in his keynote address at the FIMMDA (Fixed Income Money Market And Derivatives Association Of India) annual event, said the central bank helped macroeconomic stability despite a volatile global scenario.
-
Police Tactics Are Chilling India’s Crypto Winter: Andy Mukherjee
Days after the Enforcement Directorate froze $8 million in WazirX assets, Binance Chief Executive Officer Changpeng Zhao denied owning the country's largest crypto exchange. Last month, RBI Governor Shaktikanta Das termed cryptocurrencies as a “clear danger” in Singapore last month. Meanwhile, government agencies have trained their eye on India...
-
Cryptocurrencies a ‘Clear Danger’, Warns RBI Governor Amid Global Crypto Uncertainty
RBI Governor Shaktikanta Das described cryptocurrencies as a ‘clear danger’ on Thursday. Warning about the risks of cryptocurrencies yet again, the central bank governor stated that “anything that derives value based on make believe”, without any underlying value, is simply “speculation under a sophisticated name”. The RBI’s warning c...
-
Centre Mindful Of Current Inflation Situation, Says RBI Governor
Reserve Bank Governor Shaktikanta Das on Wednesday said the government is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation.
