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Monday, April 12, 2021

Shaktikanta Das

RBI to buy different maturity bonds under 1st quantitative easing plan

Mumbai, April 8 (IANS) The Reserve Bank of India will purchase government securities maturing between November 2023 and March 2035 under the quantitative easing programme announced by Governor Shaktikanta Das after the monetary policy committee (MPC) meeting on Wednesday. In...

RBI Guv calls for coordinated action to give tax relief on petroleum products

Mumbai, April 7 (IANS) Reserve Bank of India Governor Shaktikanta Das on Wednesday put onus on both Centre and the States to ensure that through coordinated policy measures the cost build up in the petroleum products does not escalate...

India on cusp of a turnaround in fortunes: RBI Governor

Mumbai, Feb 25 (IANS): India is on the cusp of a turnaround in fortunes as the caseload of Covid-19 declined in the country along with emergence of post-pandemic opportunities in several sectors, Reserve Bank Governor Shaktikanta Das said on Thursday. Addressing...

Das urges policy action to keep petro products, industrial raw material prices under check

Mumbai, Feb. Feb 5 (IANS): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday put onus on both the Centre and states to ensure through concerted policy measures that current cost build in petroleum products and industrials raw materials...

FY22 GDP growth seen at 10.5%: RBI Governor

Mumbai, Feb 5 (IANS) After an estimated contraction in the current financial year, India's GDP is expected to grow at 10.5 per cent in FY2021-22, said RBI Governor Shaktikanta Das on Friday. In a video statement after the Monetary Policy...

Structural Reform: RBI gives retail investors direct access to G-sec market

Mumbai, Feb 5 (IANS) The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market. The major structural reform was announced by RBI Governor Shaktikanta Das on Friday. According to Das, India will...

RBI remains ‘steadfast’ to take necessary steps to support economy: Guv

New Delhi, Jan 16 (IANS) Reserve Bank Governor Shaktikanta Das on Saturday said that the central bank remains committed to take any further necessary measures to support the economy. Delivering the Nani Palkhivala Memorial Lecture on Saturday, Das said that...

Greater penetration of financial products with enhanced protection needed: RBI Guv

New Delhi, Dec 16 (IANS) Reserve Bank Governor Shaktikanta Das on Wednesday cited the need for a greater focus on the penetration of sustainable credit, investment, insurance and pension products by addressing the demand side constraints with enhanced customer...

Covid effect: RBI asks banks not to declare dividend for FY 20

New Delhi, Dec 5 (IANS) The Reserve Bank of India (RBI) has asked banks to conserve capital and not make any dividend payments for financial year 2020. RBI Governor Shaktikanta Das said in his monetary policy statement on Friday that...

Indian economy exhibited stronger pick up than expected: RBI Guv

Mumbai, Nov 26 (IANS) Indian economy has exhibited stronger pick up in momentum of recovery than expected, said Reserve Bank of India Governor Shaktikanta Das on Thursday. Addressing the 4th Annual Day of Foreign Exchange Dealers' Association of India (FEDAI),...

Latest News

Easing lockdown could lead to 3rd Covid-19 wave in UK: Scientists

London, April 12 (IANS) British scientists have warned that the British government is risking a third wave of Covid-19...