Tag: Shaktikanta Das

RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
Posted in Economy

RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll

India’s central bank will cut its key policy rate in December by a quarter point to 6.25% to bolster slowing economic growth, according to a…

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Posted in Economy

RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1

Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September, while the…

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Future of money has to be digital, no escape from that: Shaktikanta Das
Posted in Economy

Future of money has to be digital, no escape from that: Shaktikanta Das

Kolkata: Future of money has to be digital, there is no escape from that, Reserve Bank of India Governor Shaktikanta Das said at the G30…

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Inflation trajectory expected to moderate from q4: RBI guv
Posted in Economy

Inflation trajectory expected to moderate from q4: RBI guv

India’s headline inflation trajectory is expected to moderate from the last quarter of this financial year, Reserve Bank of India governor Shaktikanta Das has said…

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Inflation: India's headline inflation expected to moderate from Q4 of this financial year: RBI Governor Shaktikanta Das
Posted in Economy

Inflation: India’s headline inflation expected to moderate from Q4 of this financial year: RBI Governor Shaktikanta Das

India’s headline inflation trajectory is expected to moderate from the last quarter of this financial year, while unexpected weather events and worsening of geopolitical conflicts…

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RBI chief Shaktikanta Das says inflation moderating, but upside risks require vigilance
Posted in Economy

RBI chief Shaktikanta Das says inflation moderating, but upside risks require vigilance

Reserve Bank of India Governor Shaktikanta Das said on Friday the country’s inflation is moderating, but the central bank will be vigilant to risks of…

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India cannot risk another bout of inflation: RBI Governor Das
Posted in Economy

India cannot risk another bout of inflation: RBI Governor Das

Mumbai: India cannot risk another bout of inflation and the best approach currently would be to remain flexible and wait for inflation to durably align…

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Posted in Economy

Quite risky to cut rates at this stage: RBI Guv Shaktikanta Das

MUMBAI: Any move to cut interest rates right now would be hasty and potentially fraught with risk as inflation remains above target and will stay…

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RBI Governor Shaktikanta Das addresses at the High-Level Conference 'Central Banking at Crossroads', in New Delhi.(PTI)
Posted in Business

RBI governor’s warning on AI in financial sector: ‘Heavy reliance may lead to…’

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday cautioned that heavy reliance on artificial intelligence (AI) could lead to concentration risks in…

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rate cut: If rate cut happens in Feb, it will come with significant downward revision of GDP: Union Bank report
Posted in Economy

rate cut: If rate cut happens in Feb, it will come with significant downward revision of GDP: Union Bank report

Reserve Bank of India’s (RBI) decision to keep the repo rate unchanged and change the policy stance to neutral indicates that inflation is still the…

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