RBI Governor Shaktikanta Das Faces Increasingly Tough Balancing Act
Business | Anirban Nag, Bloomberg | Monday November 18, 2019
Shaktikanta Das, overseeing what was until recently the world's fastest-growing major economy, has worked tirelessly to restore relations with the government after a bitter public spat led his predecessor Urjit Patel to quit.
RBI's Shaktikanta Das Calls For Tighter Governance at State-Run Banks
Business | Anirban Nag, Bloomberg | Monday November 18, 2019
India's banking sector has the highest ratio of stressed assets in the world, with many bad loans to companies in sectors such as energy and steel.
"Majoritarianism Taking India Down Dark, Uncertain Path": Raghuram Rajan
India News | Edited By Debanish Achom | Sunday October 13, 2019
Former Reserve Bank of India governor Raghuram Rajan in his latest criticism seen to be directed at the centre has warned of the ill effects of "divisive, populist majoritarianism". The former RBI governor whose policy thinking differs from that of the government led by Prime Minister Narendra Modi - Mr Rajan is a big critic of demonetisation - has...
Nirmala Sitharaman Assures PMC Bank Clients, Says Will Talk To RBI Chief
India News | Reported by Purva Chitnis, Edited by Shylaja Varma | Thursday October 10, 2019
Finance Minister Nirmala Sitharaman said she will speak with the RBI Governor this evening over the distress of depositors of Punjab Maharashtra Co-operative (PMC) Bank. She met a group of angry customers of the cooperative bank in Mumbai this afternoon just before addressing a press conference.
"Seen It Only In Media": RBI Governor On Rs 30,000 Crore Reported Payout
Business | Reported by Purva Chitnis, Edited by Debanish Achom | Friday October 4, 2019
The Reserve Bank of India (RBI) today said the government has not dropped in any request for an interim dividend payout of Rs 30,000 crore, after the centre's recent move to cut corporate tax raised worries about a possible widening fiscal deficit, or theshortfall in the government's income compared with its spending.
Raghuram Rajan's Critique Of Government Mentions "Ruling Party's Troll Army"
India News | Press Trust of India | Tuesday October 1, 2019
Suppressing criticism is a "sure fire recipe" for policy mistakes, cautioned former RBI Governor Raghuram Rajan in a hard-hitting blog arguing that people in authority should tolerate criticism.
RBI May Go For Another Rate Cut On October 4, Say Experts
Business | Press Trust of India | Sunday September 29, 2019
The RBI Governor Shaktikanta Das headed Monetary Policy Committee (MPC) will announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4, after its three-day meeting.
Rahul Dravid's Conflict Of Interest Charge Downplayed By CoA
Press Trust of India | Thursday September 26, 2019
Committee of Administrators (CoA) has downplayed the conflict of interest charge against Rahul Dravid, citing the example of former RBI Governor Raghuram Rajan.
RBI Autonomous, Nobody Interferes With Decision-Making: Shaktikanta Das
India News | Press Trust of India | Friday September 20, 2019
Asserting that the Reserve Bank is more than autonomous, governor Shaktikanta Das Friday said though the central bank engages with the government in free and frank discussions, there is no interference from it when it comes to taking decisions.
Shaktikanta Das Says GDP Growth Expected To Be Better In September Quarter
Business | Edited by Anshul (with inputs from PTI) | Friday September 20, 2019
He said for the first quarter, the RBI analysis showed growth to be at 5.8 per cent and all the surveys it did also projected growth to be in the range of 5.5-5.8 per cent but the final print was much lower.
Little Space For Any Fiscal Expansion By Government: Shaktikanta Das
Business | Written by Anshul (with inputs from agencies) | Thursday September 19, 2019
Shaktikanta Das expects US Fed's latest rate cut to boost fund inflows into the country, mostly via FDI.
5% Growth A Surprise, Analysing Why It Happened, Says RBI Governor
Business | Thomson Reuters | Monday September 16, 2019
Mr Das said the monetary policy committee would continue to focus on growth with inflation expected to stay within the medium term target.
Floccinaucinihilipilification? RBI Governor Knows What It Means
Business | Anirban Nag, Bloomberg | Thursday August 22, 2019
Central bank watchers were left scrambling this week for their dictionaries and Google searches to decipher parts of a speech by Governor Shaktikanta Das and minutes of the recent monetary policy committee meeting.
Economic Slowdown "Very Worrisome", New Reforms Needed, Says Raghuram Rajan
India News | Press Trust of India | Monday August 19, 2019
Former RBI Governor Raghuram Rajan has called slowdown in the economy "very worrisome". The government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest, he said.
Important To Look At Financial Stability Along With Growth: Shaktikanta Das
Business | Indo-Asian News Service | Monday August 19, 2019
RBI Governor Shaktikanta Das said he expected banks to move quicker on linking the lending rates with the central bank's repo rate towards better transmission to support consumption and demand.
RBI Governor Shaktikanta Das Faces Increasingly Tough Balancing Act
Business | Anirban Nag, Bloomberg | Monday November 18, 2019
Shaktikanta Das, overseeing what was until recently the world's fastest-growing major economy, has worked tirelessly to restore relations with the government after a bitter public spat led his predecessor Urjit Patel to quit.
RBI's Shaktikanta Das Calls For Tighter Governance at State-Run Banks
Business | Anirban Nag, Bloomberg | Monday November 18, 2019
India's banking sector has the highest ratio of stressed assets in the world, with many bad loans to companies in sectors such as energy and steel.
"Majoritarianism Taking India Down Dark, Uncertain Path": Raghuram Rajan
India News | Edited By Debanish Achom | Sunday October 13, 2019
Former Reserve Bank of India governor Raghuram Rajan in his latest criticism seen to be directed at the centre has warned of the ill effects of "divisive, populist majoritarianism". The former RBI governor whose policy thinking differs from that of the government led by Prime Minister Narendra Modi - Mr Rajan is a big critic of demonetisation - has...
Nirmala Sitharaman Assures PMC Bank Clients, Says Will Talk To RBI Chief
India News | Reported by Purva Chitnis, Edited by Shylaja Varma | Thursday October 10, 2019
Finance Minister Nirmala Sitharaman said she will speak with the RBI Governor this evening over the distress of depositors of Punjab Maharashtra Co-operative (PMC) Bank. She met a group of angry customers of the cooperative bank in Mumbai this afternoon just before addressing a press conference.
"Seen It Only In Media": RBI Governor On Rs 30,000 Crore Reported Payout
Business | Reported by Purva Chitnis, Edited by Debanish Achom | Friday October 4, 2019
The Reserve Bank of India (RBI) today said the government has not dropped in any request for an interim dividend payout of Rs 30,000 crore, after the centre's recent move to cut corporate tax raised worries about a possible widening fiscal deficit, or theshortfall in the government's income compared with its spending.
Raghuram Rajan's Critique Of Government Mentions "Ruling Party's Troll Army"
India News | Press Trust of India | Tuesday October 1, 2019
Suppressing criticism is a "sure fire recipe" for policy mistakes, cautioned former RBI Governor Raghuram Rajan in a hard-hitting blog arguing that people in authority should tolerate criticism.
RBI May Go For Another Rate Cut On October 4, Say Experts
Business | Press Trust of India | Sunday September 29, 2019
The RBI Governor Shaktikanta Das headed Monetary Policy Committee (MPC) will announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4, after its three-day meeting.
Rahul Dravid's Conflict Of Interest Charge Downplayed By CoA
Press Trust of India | Thursday September 26, 2019
Committee of Administrators (CoA) has downplayed the conflict of interest charge against Rahul Dravid, citing the example of former RBI Governor Raghuram Rajan.
RBI Autonomous, Nobody Interferes With Decision-Making: Shaktikanta Das
India News | Press Trust of India | Friday September 20, 2019
Asserting that the Reserve Bank is more than autonomous, governor Shaktikanta Das Friday said though the central bank engages with the government in free and frank discussions, there is no interference from it when it comes to taking decisions.
Shaktikanta Das Says GDP Growth Expected To Be Better In September Quarter
Business | Edited by Anshul (with inputs from PTI) | Friday September 20, 2019
He said for the first quarter, the RBI analysis showed growth to be at 5.8 per cent and all the surveys it did also projected growth to be in the range of 5.5-5.8 per cent but the final print was much lower.
Little Space For Any Fiscal Expansion By Government: Shaktikanta Das
Business | Written by Anshul (with inputs from agencies) | Thursday September 19, 2019
Shaktikanta Das expects US Fed's latest rate cut to boost fund inflows into the country, mostly via FDI.
5% Growth A Surprise, Analysing Why It Happened, Says RBI Governor
Business | Thomson Reuters | Monday September 16, 2019
Mr Das said the monetary policy committee would continue to focus on growth with inflation expected to stay within the medium term target.
Floccinaucinihilipilification? RBI Governor Knows What It Means
Business | Anirban Nag, Bloomberg | Thursday August 22, 2019
Central bank watchers were left scrambling this week for their dictionaries and Google searches to decipher parts of a speech by Governor Shaktikanta Das and minutes of the recent monetary policy committee meeting.
Economic Slowdown "Very Worrisome", New Reforms Needed, Says Raghuram Rajan
India News | Press Trust of India | Monday August 19, 2019
Former RBI Governor Raghuram Rajan has called slowdown in the economy "very worrisome". The government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest, he said.
Important To Look At Financial Stability Along With Growth: Shaktikanta Das
Business | Indo-Asian News Service | Monday August 19, 2019
RBI Governor Shaktikanta Das said he expected banks to move quicker on linking the lending rates with the central bank's repo rate towards better transmission to support consumption and demand.
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