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RBI Governor

'Not A Cheerleader': Shaktikanta Das Says RBI More Than Autonomous

Sep 20, 2019 PTI

The conversations with the government cannot be stopped because the government is the sovereign and the RBI is part of the sovereign, RBI Governor Shaktikanta Das says.

RBI Expects Growth To Pick Up From Q2 On Govt Spending: Shaktikanta Das

Sep 20, 2019 Outlook Web Bureau

RBI governor Shaktikanta Das also welcomed the government announcement in the morning to slash corporate tax across the board and termed the same as bold moves which should benefit all sectors.


'Worse Than Expected': RBI Governor Shaktikanta Das On 5% GDP Growth

Expressing concern over the first quarter GDP numbers, the RBI Governor said the numbers definitely looked much worse because the RBI had projected 5.8 per cent.

RBI Plays Down Deepening Slowdown As Just 'Cyclical Downswing'

Aug 29, 2019 PTI

In the annual report for FY19, released Thursday, the central bank concedes that diagnosing the exact problems is "difficult", but reiterates that the issues are not structural in nature, barring those around land, labour and agri produce marketing.


Congress Demands White Paper On State Of Economy, Accuses Govt Of 'Snatching' RBI's Money

The Congress reaction came a day after the Reserve Bank of India (RBI) approved the transfer of a record Rs 1.76 lakh crore dividend and surplus reserves to the government, boosting the BJP-led regime's prospect of stimulating the slowing economy without widening fiscal deficit.

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27 August, 2019

RBI's Rs 1.76 Lakh Crore Surplus Transfer Will Arm Government To Fight Slowdown, Boost Capex

PTI

While the finance ministry has so far not detailed the blueprint of using the surplus from the RBI, experts said the transfer especially the excess reserve of over Rs 50,000 crore could be utilised for capital formation by investing in infrastructure building or enhancing the lending capacity of banks by recapitalising them.


26 August, 2019

RBI Approves Rs 1.76 Lakh Cr Transfer Of Surplus Reserves To Government

PTI

This follows the RBI board accepting the recommendation of a high-level panel headed by its former Governor Bimal Jalan on transfer of excess reserves to the government.


19 August, 2019

Economic Slowdown 'Very Worrisome', New Reforms Needed: Ex-RBI Governor Raghuram Rajan

PTI

In ominous signs that the slowdown may be deep, the auto sector is facing its worst crisis in two decades with reports suggesting thousands of job losses in the automobile and ancillary industry, real estate sector has huge unsold inventory, while fast-moving consumer goods (FMCG) companies have reported a decline in volume growth.


19 August, 2019

Everything Isn't Doomed And Gloomy About The Economy: RBI Governor Shaktikanta Das

PTI

The statement comes amidst reports that an increasing number of corporate honchos are livid with the Narendra Modi government, especially after a slew of initiatives in the recent budget


19 August, 2019

RBI Governor Das Says Time Other Banks Linked Loans, Deposits To Repo Rate

PTI

While SBI was to first one to link its loans and deposits to the repo rate from May and home loans from July, six other peer banks like announced the same last week in which the asset side pricing has moved down fast.


07 August, 2019

RBI Cuts Repo Rate By 35 bps To Fuel Investment, Experts Optimistic Of Economy Picking Up

Jyotika Sood

RBI governor Shaktikanta Das said Wednesday that the central bank has lowered the GDP growth forecast for 2019-20 from 7 per cent to 6.9 per cent owing to demand and investment slowdown, which is causing dampening effect on the growth


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07 August, 2019

RBI Lowers GDP Growth Forecast To 6.9 %, Governor Says Slowdown Cyclical, Not Structural

Outlook Web Bureau

The RBI has cut the repo rate by an unusual 0.35 percentage points to 5.40 per cent in its third monetary policy review for the current financial year.


12 June, 2019

Raghuram Rajan Among Contenders For Bank Of England Governor Post: Report

Outlook Web Bureau

Raghuram Rajan, who served as the 23rd Governor of RBI between 2013 and 2016, is the only outsider among the top contenders for the job


27 May, 2019

RBI Governor, BJP Leaders Meet Arun Jaitley, Dismiss Reports Of Ill Health

Outlook Web Bureau

Dispelling such rumours, the government Sunday said reports on the deteriorating health of Jaitley are false and baseless, and media should stay clear of rumour mongering.


26 March, 2019

Govt Refuses To Disclose Details On Appointment Of RBI Governor Shaktikanta Das: Report

PTI

Shantikanta Das was on named as the Reserve Bank of India (RBI) Governor December 11, 2018, by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi for three years.


20 January, 2019

System For Implementing Policies Has To Be Decentralised: RBI Governor Bimal Jalan

Outlook Web Bureau

RBI Governor Bimal Jalan has called for 'political reforms' in order to alleviate poverty in the country and to realise economic potentials.


12 December, 2018

Pray He Doesn't Make RBI A History: BJP Member Takes Dig At New RBI Governor Shaktikanta Das

Outlook Web Bureau

Jay Narayan Vyas, a former member of Narendra Modi's cabinet when he was the Chief Minister of Gujarat, sent out a tweet on Wednesday morning referring to the new Governors educational qualifications saying: "pray he (Das) doesn't make RBI also a history".


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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