Major Announcements By RBI

Major Announcements By RBI

  • Frontpage

    The importance of being Shaktikanta Das

    It is often said that where you stand on an issue depends on where you sit.And so it has been with Shaktikanta Das, the Reserve Bank of India (RBI) governor. A career bureaucrat, and the face of the government during the turbulent days following the decision on demonetisation, Das's appointment as RBI governor in 2018, after the sudden dramatic - and mysterious -- exit of Urjit Patel citing personal...

    • 16 hrs ago
  • Personal Finance News

    Key Highlights from RBI Governor press conference on 22 May 2020

    Just a few days after the government enunciated on the Rs 20 lakh crore stimulus package, the RBI Governor Mr Shaktikanta Das addressed the country for the third time presenting a host of additional measures aimed at easing the liquidity condition and extending relief to borrowers. After an out-of-cycle review meeting with the Monetary Policy Committee (MPC), here are some of the...

    • 2 days ago
  • Business

    RBI Repo Rate Cut: Is The Central Bank Hyper Active In COVID-19 Time?

    The key takeaways from the Reserve Bank of India (RBI) Governor Shaktikanta Das's presser on Friday are that the Indian banking sector will remain under severe stress in the immediate future (next two-three quarters). The second takeaway is the confirmation to the several predictions by various domestic and international research agencies that India's GDP will remain in the...

    • 3 days ago
  • Business

    RBI fortifies war-room with more manpower as COVID-19 rages on

    Image Source : PTI (FILE) RBI fortifies war-room with more manpower as COVID-19 rages on The Reserve Bank, which has been operating from a war-room at a secret facility here since March 19 with skeletal staff, has increased the deployed manpower to 150 now, as the monetary authority continues to insulate the nation's financial system from the disruptions due to the coronavirus...

    • 4 days ago
  • Home

    'RSS should be ashamed': P Chidambaram slams govt, asks why RBI is infusing liquidity

    NEW DELHI: Former Union Finance Minister and senior Congress leader P Chidambaram, on Saturday, slammed the central government and questioned why the Reserve Bank of India (RBI) is infusing more liquidity as the growth in financial year 2020-21 is headed towards negative territory. In a series of tweets, Chidambaram said, "RBI Governor says demand has...

    • 4 days ago
  • National

    Tell govt to take fiscal measures: Chidambaram to RBI governor after fresh cut in repo rate

    New Delhi: Senior Congress leader P Chidambaram on Saturday asked RBI Governor Shaktikanta Das to “bluntly” tell the government to do its duty and take fiscal measures if he feels that the demand has collapsed and the GDP growth is heading towards negative territory. He also asked if the prime minister or the finance minister will laud themselves for...

    • 4 days ago
  • Latest

    Bluntly ask Centre to 'do your duty, take fiscal measures', Chidambaram tells RBI Governor

    Former finance minister P Chidambaram has lambasted liquidity-infusing measures announced by the Reserve Bank of India (RBI) in its latest monetary policy statement. The senior Congress leader questioned RBI's decision to infuse more liquidity even though economic growth in the financial year 2020-21 is headed towards negative territory. In a series of...

    • 4 days ago
  • India

    Tell Govt To Take Fiscal Measures: Chidambaram To RBI Governor After Fresh Cut In Repo Rate

    Senior Congress leader P Chidambaram on Saturday asked RBI Governor Shaktikanta Das to "bluntly" tell the government to do its duty and take fiscal measures if he feels that the demand has collapsed and the GDP growth is heading towards negative territory. He also asked if the prime minister or the finance minister will laud themselves for the...

    • 4 days ago
  • Home

    Tell Govt to Take Fiscal Measures: Chidambaram to RBI Governor After Fresh Cut in Repo Rate

    Senior Congress leader P Chidambaram on Saturday asked RBI Governor Shaktikanta Das to "bluntly" tell the government to do its duty and take fiscal measures if he feels that the demand has collapsed and the GDP growth is heading towards negative territory. He also asked if the prime minister or the finance minister will laud themselves for the...

    • 4 days ago
  • Business

    Mitigating COVID-19 woes: RBI cuts lending rates, extends moratorium

    Mumbai : To mitigate the combined impact of demand compression and supply-side disruption on account of Covid-19 pandemic from depressing economic activity, the Reserve Bank on Friday reduced lending rates and extended the moratorium period for interest payments on term loans. The Monetary Policy Committee (MPC) of the central bank, in an unscheduled meet, reduced the repo...

    • 4 days ago

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