Speaking at a forum by The Bretton Woods Committee in Singapore, the central bank Governor said that he is in no rush regarding the relaxation in policy measures
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Commenting on the recent gross domestic product (GDP) numbers, the apex bank’s governor stated that despite the below-expectation growth numbers, the real drivers of the economy are gaining momentum
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The Reserve Bank of India (RBI) Governor states that Digital Public Infrastructure (DPI) has enabled India to achieve in less than a decade levels of financial inclusion that would have otherwise taken several decades or even more
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Food inflation remains the biggest headache for the apex bank as it slows the process of disinflation. With a weight of around 46 per cent in the CPI basket, the food inflation contributed to more than 75 per cent of the headline inflation in May and June
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Underscoring the imperative of fostering a future-ready ethos within the financial sector, Das also stressed the critical role of timely supervisory intervention in mitigating systemic risks.
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India's forex reserve is at a record high, and this gives confidence to international investors for investing in the Indian economy, he says
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The decision comes amidst a backdrop of economic uncertainties both domestically and globally
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MPC chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions
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The Deputy Governor of RBI Swaminathan Janakiraman says that the ARCs are becoming a warehouse of the stressed assets while the original lenders continue to handle collection
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The proposed guidelines require lending service providers (LSP) to digitally share information about all available loan offers from willing lenders with whom they have lending arrangements
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