[ad_1] New UPI features: RBI governor Shaktikanta Das on Friday announced two new features or measures for Unified Payments Interface (UPI) users, with an aim to enhance ease of transactions and cash deposits. The new announcements were made by Shaktikanta Das as a part of RBI’s monetary policy statement.The two …
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[ad_1] RBI Governor Shaktikanta Das. Apart from interest rate decision, Shaktikanta Das also took several measures regarding sovereign green bonds, Retail Direct Scheme, and liquidity coverage ratio framework, etc RBI Governor Shaktikanta Das on Friday said the RBI MPC has kept the repo rate unchanged at 6.5 per cent for …
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[ad_1] A year is divided into six bimonthly reviews of the central bank’s monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations. [ad_2] Source link
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[ad_1] RBI Governor Shaktikanta Das. (File Photo) RBI Governor Shaktikanta Das says rural demand has been improving and is much stronger than a year ago, while urban demand continues to be very strong. The Indian economy’s GDP growth in the current fiscal year ending in March could be “very close” …
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[ad_1] RBI Governor Shaktikanta Das. (File Photo) At this juncture, monetary policy must remain vigilant and “not assume that our job on the inflation front is over”, says RBI Governor Shaktikanta Das, as per the minutes of the RBI MPC’s February meeting The Reserve Bank of India’s (RBI) job to …
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[ad_1] NEW DELHI: RBI governor Shaktikanta Das on Monday said lower govt borrowings than the market estimates will free more capital for the private sector, resulting in easing of inflation and bolstering growth.He also backed govt’s focus on capex, arguing that it is a GDP multiplier, as it creates a …
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[ad_1] RBI Governor asked entities to be “judicious” in using flexibility on the interest rates. Mumbai: Stating that some Non Banking Finance Company-Microfinance Institutions (NBFC-MFIs) are making wider net interest margins, RBI Governor Shaktikanta Das on Wednesday asked entities to be “judicious” in using the flexibility on the interest rates …
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