Shaktikanta Das

MPC holds steady on unchanged Repo Rate at 6.5%, FY24 Inflation target set at 5.4%

RBI Governor Shaktikanta Das declared on Friday that the MPC has opted to maintain the repo rate at 6.50%.

QR code-based coin vending machine: How it will work?

RBI projects retail inflation at 5.3% for next fiscal

The Reserve Bank of India (RBI) forecasts retail inflation at 6.5% for FY2022-23, and 5.3% for the next fiscal year.

RBI MPC: GDP growth for FY23 raised to 7%, FY24 at 6.4%

Shaktikanta Das, Governor of the Reserve Bank of India (RBI), stated on Wednesday that the Monetary Policy Committee (MPC) at its February meeting has put real GDP growth for FY24 at 6.4%, while growth for FY23 has been pegged at 7%. The MPC predicts 7.8% growth in Q1FY24, 6.2% in Q2, 6% in Q3, and 5.8% in Q4.

RBI is keeping a “Arjuna’s eye” on inflation as the Indian economy continues to thrive despite headwinds: RBI Governor

Shaktikanta Das, Governor of the Reserve Bank of India, stated on Wednesday that the goal of the central bank was to bring inflation down to its target.

RBI wants fintech operators to follow the guidelines: Shaktikanta Das

According to Shaktikanta Das, the goal of the central bank is to make sure that everyone obeys traffic rules rather than to punish or hinder anyone.

Indian economy can deal with any challenges: RBI Guv Shaktikanta Das

In response to the recent increase in inflation, Shaktikanta Das stated that a similar scenario existed in 2020 and that he thinks that inflation would reduce in the future.

Monetary policy is an art of controlling expectations: RBI Guv Shaktikanta Das

The central bank also recognizes that information must be accompanied by matching actions in order to develop credibility and instil wider trust in the policy.

India’s GDP growth recorded at 5.4% in Q3: NSO

The expansion in GDP during 2021-22 is expected to be at 8.9% as against to a squeeze of 6.6% in 2020-21, as per the data announced by the National Statistical Office.

RBI likely to not hike rates till August: Report

Amidst retail inflation climbing to 6.01 percent in January and expected to continue high through April, foreign brokerage research predicts that the RBI will hold key policy rates constant during the first half of 2022.

RBI Governor Shaktikanta Das says, GDP growth at 7.8 %, repo rate unchanged

Real GDP growth has been projected at 7.8% for FY 22-23. CPI inflation for FY 22-23 is at 4.5% announces RBI Governor.

Shaktikanta Das to serve as RBI Governor for another 3 years

In a statement, the decision was announced to be effective beginning from the end of Shaktikanta Das’ first term on December 10.

RBI likely to launch digital currency by end of 2021: Governor Shaktikanta Das

“We are being extremely careful about it because it’s completely a new product, not just for RBI, but globally," Das said in an interaction with the international business news channel on Thursday.

RBI to enable policy normalization for this fiscal year, Details here

Economists, henceforth, anticipate RBI to start with policy normalization just after the fourth quarter of the current fiscal year.

GDP growth projection for FY’21-22 is to be 10.5%: RBI Governor Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das has announced the bi-monthly monetary policy statement on Wednesday.