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India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

Sanjay Malhotra takes charge as 26th RBI Governor

Dec 11, 2024, at 01:43 pm

Mumbai/IBNS: Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India (RBI).

Revenue Secretary Sanjay Malhotra appointed as RBI Governor

Dec 09, 2024, at 10:30 pm

New Delhi/IBNS: Revenue Secretary Sanjay Malhotra has been appointed as the Governor of the Reserve Bank of India (RBI).

RBI keeps repo rate unchanged at 6.5%, slashes CRR to 4 percent

Dec 06, 2024, at 04:47 pm

New Delhi/IBNS: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

RBI alerts investors about 'deepfake videos' of Governor Shaktikanta Das circulating on social media

Nov 20, 2024, at 09:04 pm

Mumbai/IBNS: The Reserve Bank of India (RBI) on Tuesday (Nov. 19) issued a warning to investors regarding the circulation of deepfake videos featuring Governor Shaktikanta Das on social media.

Inflation has moderated but we still have a ‘distance to cover’: RBI Governor signals no policy change

Sep 13, 2024, at 07:44 pm

Singapore/IBNS: Even as consumer price index (CPI) inflation has softened to the 2-6 percent tolerance band, there is still a ‘distance to cover’, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday (Sept. 13), signaling the central bank is in no hurry to cut interest rates despite the inflation dip in the world’s fastest-growing major economy.

RBI Governor launches key digital payment initiatives Bharat BillPay, UPI Circle

Aug 29, 2024, at 05:56 am

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das Wednesday announced the launch of two new product offerings built by the National Payments Corporation of India (NPCI) at the Global Fintech Festival (GFF) 2024.

RBI keeps repo rate unchanged in line with market expectations

Apr 06, 2024, at 04:54 am

Mumbai: The Reserve Bank of India on Friday kept the key interest rates unchanged at 6.50 percent, in line with the market expectations.

In relief for borrowers, RBI keeps repo rate unchanged at 6.5%

Apr 06, 2023, at 05:07 pm

Mumbai/UNI: In a respite for borrowers, the Reserve Bank of India's (RBI) monetary policy committee (MPC) on Thursday decided to keep the policy repo rate unchanged at 6.5 per cent.

Global economy likely to shrink but worst may be over: RBI Governor

Jan 28, 2023, at 07:49 am

New Delhi/IBNS: The global economy is likely to shrink significantly this year but the worst—both in terms of growth and inflation—appears to be over, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday, media reports said.

RBI increases repo rate by 50 basis points

Sep 30, 2022, at 03:52 pm

Mumbai: RBI Governor Shaktikanta Das on Friday said  the central bank's Monetary Policy Committee (MPC) has hiked the repo rate by 50 basis points (bps).

RBI Guv Shaktikanta Das cautions depositors chasing high returns, interests

Dec 12, 2021, at 08:14 pm

New Delhi/UNI: While terming the higher deposit insurance cover of Rs five lakh as an important milestone, Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday cautioned depositors chasing higher returns.

Tenure of RBI Guv Shaktikanta Das extended by three years

Oct 29, 2021, at 02:55 pm

New Delhi: The Indian government on Thursday extended the tenure of Reserve Bank of India Governor Shaktikanta Das by another three years.

Reserve Bank of India Governor Shaktikanta Das to make unscheduled speech today

May 05, 2021, at 02:37 pm

Mumbai:  Reserve Bank of India Governor Shaktikanta Das will make an unscheduled speech on Wednesday.

RBI to announce Monetary Policy on Oct 9

Oct 07, 2020, at 04:39 am

Mumbai/IBNS: The Reserve Bank of India (RBI) will announce monetary policy on October 9.

New measures to restructure loans by banks a 'durable' resolution says RBI Governor

Aug 25, 2020, at 04:25 am

Mumbai/IBNS: Ahead of the expiry of the six-month loan repayment freeze on August 31, Reserve Bank of India Governor Shakti Kanta Das in an interview to CNBC Awaz said the new measures introduced to enable the banks to restructure loans will provide a "durable" resolution to the businesses constrained for money due to Covid-19, save jobs and in turn revive the economy, said a Bloomberg report.

Swift action will be taken to revive Yes Bank: RBI Governor Shaktikanta Das

Mar 06, 2020, at 11:43 am

Mumbai/IBNS: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said the crisis-hit Yes Bank will be revived by the country's central bank very "swiftly" and "fast".

RBI governor hails govt move to slash corp tax, says it will help economy

Sep 20, 2019, at 02:27 pm

New Delhi: Minutes after Union Finance Minister Nirmala Sitharaman announced corporate tax rate cuts, Reserve Bank of India Governor Shaktikanta Das hailed the move and called it a 'bold & welcome' step to put the growth engine back on track.

RBI Governor Shaktikanta Das gives "out of the box" idea on policy rate changes

Apr 13, 2019, at 04:25 pm

Washington, Apr 13 (UNI) Reserve Bank of India Governor Shaktikanta Das has an "out of the box" idea that interest rate changes could be in terms of 10 basis points or 35 basis points so that central bank's response will not complicate its stance in a volatile situation.

We believe liquidity needs are largely met: RBI Governor Shaktikanta Das

Jan 07, 2019, at 04:20 pm

Mumbai, Jan 7 (IBNS): RBI governor Shaktikanta Das on Monday said steps will be taken if there is a liquidity shortage in the economy.

Shaktikanta Das soon to take over as RBI Governor

Dec 12, 2018, at 01:08 pm

Mumbai, Dec 12 (IBNS) : Shaktikanta Das, the newly appointed Governor of Reserve Bank of India (RBI), resigned as member of the 15th Finance Commission on Tuesday and is expected to take charge of the Central bank in a day or two, media reports said. 

Shaktikanta Das named next RBI governor

Dec 11, 2018, at 07:44 pm

New Delhi, Dec 11 (IBNS): The Union government on Tuesday named Shaktikanta Das, a member of the Fifteenth Finance Commission, as the next governor of the Reserve Bank of India, reports said.

Finance Minister Arun Jaitley appreciates Urjit Patel's service as RBI Governor

Dec 10, 2018, at 06:23 pm

New Delhi, Dec 10 (IBNS): Union Finance Minister Arun Jaitley on Monday appreciated Urjit Patel's service as the Governor of the Reserve Bank of India. Patel resinged from his position today triggering many speculations. 

Reserve Bank of India governor Urjit Patel resigns

Dec 10, 2018, at 05:44 pm

New Delhi, Dec 10 (IBNS): In a major development, Urjit Patel on Monday quit as the Governor of the Reserve Bank of India.

RBI Governor Urjit Patel steps down

Dec 10, 2018, at 05:34 pm

New Delhi, Dec 10 (IBNS): Reserve Bank of India Governor Urjit Patel quit from his position on Monday.