Showing results for "#Shaktikanta Das"
With growth steady, policy has to focus 'clearly and unambiguously' on...
Amid a debate around neutral rates, Das said "theoretical and abstract concepts" as arrived at are based on a person's judgment and cannot determine...
India's forex reserves at historic high of $651.5 bn, CAD to dip: RBI
India, with an expected 15.2 per cent share in world remittances in 2024, continues to be the largest recipient of remittances globally. Overall, the...
RBI Governor warns banks, NBFCs over slapping extra fees on customers
“It has also been observed in some micro-finance institutions and NBFCs that the interest rates on small-value loans are high and appear to be...
'Banks need to re-strategise their business plan to deal with credit &...
In November last year, RBI had flagged certain concerns on excessive growth in the unsecured retail loans and over-reliance of NBFCs on bank funding.
RBI raises GDP growth projection to 7.2 pc for FY25
"During 2024-25 so far, domestic economic activity has maintained resilience," he said, adding that manufacturing activity continues to gain ground on...
RBI hikes threshold for bulk deposit to Rs 3 crore from Rs 2 crore for...
Bulk fixed deposits earn slightly higher interest rate than retail term deposits as banks offer different rates as part of their liquidity management...
Growth momentum aids RBI’s price stability focus: Guv
Five of the six MPC members had voted for the status quo in the policy rate
RBI Governor seeks better deal for retail customers in forex market
Banks may need to do more to facilitate the use of the FX Retail platform. We continue to see banking channels being used by certain persons or...