Rbi Governor Shaktikanta Das

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...

Reserve Bank Governor Shaktikanta Das on Friday said India is unlikely to be impacted by any adverse developments in Taiwan.

RBI Governor Shaktikanta Das on Friday said banks cannot perennially rely on the central bank's money to support credit offtake and they need to mobilise more deposits to aid credit growth.

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.

Reserve Bank of India Governor Shaktikanta Das on Friday said the country's economy is an island of stability despite two Black Swan events and multiple shocks.

The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Reserve Bank of India Governor Shaktikanta Das said on Monday.

The Reserve Bank of India hiked its key lending rate by 50 basis points, which was at the higher end of market expectations, to 5.40 per cent. That increase takes the repo rate to pre-pandemic level, the highest since 2019 and the third hike in a row.

RBI hikes key lending rate by 50 basis points to pre-pandemic level of 5.40%, third increase in a row

The Reserve Bank of India will likely hike interest rates for the third time since the current fiscal year began in April. But the central bank's dilemma has multiplied, with pressing economic risks becoming a deeper concern for policymakers.

The Reserve Bank of India is expected to raise interest rates today for the third time since the beginning of the current financial year to bring down inflation from above the upper threshold of the central bank's target since January. The focus shifts to the RBI's growth and inflation outlook and the tone of the monetary policy path.

India's central-bank watchers agree that interest rates will be raised to pre-pandemic levels on Friday, yet they are split on the size of the increase aimed at fighting inflation and propping up a weak currency.

Amid the rupee falling against the US dollar, RBI Governor Shaktikanta Das on Friday said "you buy an umbrella to use it when it rains!', indicating that the central bank is using foreign exchange reserves to deal with currency volatility.

India's central bank has zero tolerance for volatile and bumpy movements in the rupee and will continue to engage with the foreign exchange market to ensure the rupee finds its level, its chief Shaktikanta Das said on Friday.

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...

RBI Governor Shaktikanta Das on Thursday described cryptocurrencies as "clear danger" and said that anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name.

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...

Reserve Bank Governor Shaktikanta Das on Friday said India is unlikely to be impacted by any adverse developments in Taiwan.

RBI Governor Shaktikanta Das on Friday said banks cannot perennially rely on the central bank's money to support credit offtake and they need to mobilise more deposits to aid credit growth.

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.

Reserve Bank of India Governor Shaktikanta Das on Friday said the country's economy is an island of stability despite two Black Swan events and multiple shocks.

The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Reserve Bank of India Governor Shaktikanta Das said on Monday.

The Reserve Bank of India hiked its key lending rate by 50 basis points, which was at the higher end of market expectations, to 5.40 per cent. That increase takes the repo rate to pre-pandemic level, the highest since 2019 and the third hike in a row.

RBI hikes key lending rate by 50 basis points to pre-pandemic level of 5.40%, third increase in a row

The Reserve Bank of India will likely hike interest rates for the third time since the current fiscal year began in April. But the central bank's dilemma has multiplied, with pressing economic risks becoming a deeper concern for policymakers.

The Reserve Bank of India is expected to raise interest rates today for the third time since the beginning of the current financial year to bring down inflation from above the upper threshold of the central bank's target since January. The focus shifts to the RBI's growth and inflation outlook and the tone of the monetary policy path.

India's central-bank watchers agree that interest rates will be raised to pre-pandemic levels on Friday, yet they are split on the size of the increase aimed at fighting inflation and propping up a weak currency.

Amid the rupee falling against the US dollar, RBI Governor Shaktikanta Das on Friday said "you buy an umbrella to use it when it rains!', indicating that the central bank is using foreign exchange reserves to deal with currency volatility.

India's central bank has zero tolerance for volatile and bumpy movements in the rupee and will continue to engage with the foreign exchange market to ensure the rupee finds its level, its chief Shaktikanta Das said on Friday.

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...

RBI Governor Shaktikanta Das on Thursday described cryptocurrencies as "clear danger" and said that anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name.