Shaktikanta Das

The central bank of the country today kept the key lending rate unchanged at 6.5% for the third time in a row, but said inflation rates are likely to rise led by vegetable prices. Reserve Bank of India (RBI) Governor Shaktikanta Das said…
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The withdrawal of the ₹2000 currency note, announced last month by the Reserve Bank of India (RBI), will not have any negative impact on the economy, RBI governor Shaktikanta Das stressed on Monday. “I can tell you very clearly that the…
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Reserve Bank Governor Shaktikanta Das on Wednesday said that RBI is monitoring the situation regularly with regard to the withdrawal of ₹2,000 currency notes and expressed confidence that the entire exercise will be completed in a…
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Reserve Bank of India governor Shaktikanta Das on Monday made it clear that there was no plan to reintroduce ₹1,000 currency notes. Addressing the media about the RBI's recent decision to withdraw ₹2,000 currency notes and said the impact…
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RBI Governor Shaktikanta Das reiterated his caution about crypto assets in the Indian economy on 13 January. According to Das, cryptocurrencies are a bad bet and might even weaken the authority of the central bank if they are allowed to…
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RBI Governor Shaktikanta Das is announcing the central bank’s monetary policy decision amid expectations of a hike of key interest rate between 30 and 50 basis points. Ahead of the statement, markets opened in red with Sensex at 56,254.…
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The Reserve Bank will issue a consultation paper on climate change and climate change related risks order in the coming weeks to equip banks and financial institutions to effectively deal with the issues arising out of climate change.…
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Data gaps, or absence of data related to climate change, have emerged as the key hindrance in effective macro-economic policy making for global central banks, including the RBI, governor Shaktikanta Das said Wednesday. "We are also facing…
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As widely anticipated, the Reserve Bank of India (RBI) on Wednesday raised the benchmark repo rate by 50 basis points to 4.90% to tamp down rising inflation, governor Shaktikanta Das announced. At the end of its three-day monetary policy…
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