Shaktikanta Das Statements
Shaktikanta Das - Latest statements from the press
Governor of the Reserve Bank of India (RBI)
“ As a country, we can derive satisfaction that the Indian economy has not just navigated this period of trials successfully but also emerged stronger. As we strive together towards making India a…
Shaktikanta Das,
Shaktikanta Das: Man Behind GST, Monetary Response During Covid
“ Use of money mule accounts is a common method adopted by fraudsters to channel proceeds of frauds,
Shaktikanta Das,
Meet MuleHunter, RBI’s new AI tool to tackle digital fraud
“ The public at large understands inflation more in terms of food inflation than the other components of headline inflation,
Shaktikanta Das,
RBI should cut interest rates, look through food prices: Piyush Goyal
“ To further encourage wider adoption of UPI and make it more inclusive, it has been decided to enhance the per-transaction limit in UPI123Pay from Rs 5,000 to Rs 10,000,
Shaktikanta Das,
RBI enhances limits for UPI123 Pay, UPI Lite to encourage wider…
“ We have greater confidence that inflation is moderating, but acutely aware there are significant risk,
Shaktikanta Das,
RBI MPC: Short-term inflation risk remains in focus, says Shaktikanta…
“ traditionally leaned on banks for parking or investing their savings are increasingly turning to capital markets and other financial intermediaries,
Shaktikanta Das,
Lenders’ deposit shortage could put speed limit on credit-fueled…
“ Young Indians are aspirational. They get attracted to different markets. There is nothing wrong in it, it's a natural process and a positive development,
Shaktikanta Das,
RBI asks banks to monitor credit-deposit gap to avoid liquidity issues
“ Banks are taking greater recourse to short-term non-retail deposits and other instruments of liability to meet the incremental credit demand. This, as I emphasised elsewhere, may potentially expose…
Shaktikanta Das,
Highlights: RBI Governor Shaktikanta Das On Future Of Banking In India
“ Headline inflation, after remaining steady at 4.8 per cent during April and May 2024, increased to 5.1 per cent in June, primarily driven by the food component, which remains stubborn,
Shaktikanta Das,
RBI monetary policy: Repo rate unchanged at 6.5% for ninth time in a…
“ The fortnightly reporting frequency would ensure that credit information reports provided by CICs reflect more recent information. This will be beneficial to both borrowers and lenders (CIs).…
Shaktikanta Das,
RBI shortens frequency of bank reports to credit information companies
“ This, as I emphasised elsewhere, may potentially expose the banking system to structural liquidity issues. Banks may, therefore, focus more on mobilisation of household financial savings through…
Shaktikanta Das,
Alternative investments becoming more attractive to retail customers:…
“ The monetary policy committee decided by a 4:2 majority to keep the policy repo rate unchanged at 6.5%. Consequently, the standing deposit facility (SDF) rate remains at 6.25%, and the marginal…
Shaktikanta Das,
RBI Policy review: No impact on home loan EMIs as repo rate kept…