Shaktikanta Das: News
14 Nov 2024
Reserve Bank Of India (RBI)How RBI Governor responded to commerce minister's rate cut call
Union Commerce Minister Piyush Goyal urged the Reserve Bank of India to "definitely cut interest rates" while speaking at the CNBC-TV18 Global Leadership Summit on Thursday.
06 Nov 2024
Reserve Bank Of India (RBI)RBI Governor says India's digital currency still in 'experimental stage'
Reserve Bank of India (RBI) Governor Shaktikanta Das has reiterated that the Central Bank Digital Currency (CBDC) remains experimental.
27 Oct 2024
Reserve Bank Of India (RBI)RBI Governor bags top central banker award 2 years back-to-back
Reserve Bank of India (RBI) Governor, Shaktikanta Das, has been awarded an A+ grade in the Central Bank Report Cards 2024.
16 Oct 2024
Reserve Bank Of India (RBI)India's gold reserves surge over 210% in 6 years
India's gold reserves have jumped by a whopping 211% since Shaktikanta Das took over as RBI governor in December 2018.
14 Oct 2024
Reserve Bank Of India (RBI)RBI Governor Shaktikanta Das warns of over-reliance on AI
Reserve Bank of India (RBI) Governor Shaktikanta Das has raised alarms over the growing reliance on artificial intelligence (AI) in the financial sector.
09 Oct 2024
Reserve Bank Of India (RBI)RBI to establish climate risk information system for financial institutions
The Reserve Bank of India (RBI) has announced plans to develop a data repository for financial institutions, one that will specifically be used to monitor climate-related risks.
09 Oct 2024
Reserve Bank Of India (RBI)Per transaction limit for UPI Lite hiked to ₹1,000
The Reserve Bank of India (RBI) has increased the per transaction limit for UPI Lite from ₹500 to ₹1,000. This is part of the central bank's plan to encourage wider adoption of digital payments.
09 Oct 2024
InflationRBI maintains repo rate at 6.5% for 10th consecutive time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has voted to keep the repo rate unchanged at 6.5% for the 10th consecutive time.
08 Oct 2024
BloombergRBI Monetary Policy meeting tomorrow: Will interest rates be cut?
The Reserve Bank of India (RBI) is set to announce its much-anticipated bi-monthly monetary policy decision tomorrow.
19 Sep 2024
Prevention of Money Laundering Act (PMLA)RBI develops AI model to identify fradulent bank accounts
The Reserve Bank of India's Innovation Hub (RBIH) has introduced an artificial intelligence model, named MuleHunter AI.
31 Aug 2024
Reserve Bank Of India (RBI)RBI Governor reveals reasons behind India's Q1 FY25 growth slowdown
Reserve Bank of India (RBI) Governor Shaktikanta Das, has addressed the first quarter growth figures for the current financial year.
26 Aug 2024
Reserve Bank Of India (RBI)RBI announces Unified Lending Interface for seamless credit access
Reserve Bank of India (RBI) Governor Shaktikanta Das, has announced a new technological platform called the Unified Lending Interface (ULI).
21 Aug 2024
Reserve Bank Of India (RBI)RBI Governor Shaktikanta Das ranked world's best central banker again
Reserve Bank of India (RBI) Governor, Shaktikanta Das, has been recognized as the world's leading central banker for the second year in a row by Global Finance magazine.
14 Aug 2024
InflationIndia's wholesale inflation drops to 2% in July
India's wholesale inflation, measured using the Wholesale Price Index (WPI), has seen a significant decrease to 2.04% in July on an annual basis.
08 Aug 2024
BusinessIndia's forex reserves soar to new peak of $675 billion
India's foreign exchange (forex) reserves have reached an all-time high of $675 billion as of August 2, according to Reserve Bank Governor Shaktikanta Das.
08 Aug 2024
Reserve Bank Of India (RBI)Soon, your bank check will clear within hours, says RBI
The Reserve Bank of India (RBI) has announced a significant modification to the check-clearing process, with the aim of reducing clearance time to just a few hours.
08 Aug 2024
Repo RateNow you can let your friends use your UPI account
The Reserve Bank of India (RBI) has introduced a new feature for Unified Payments Interface (UPI) users, known as "delegated payments."
08 Aug 2024
Consumer Price Index (CPI)RBI keeps repo rate steady at 6.5%
The Reserve Bank of India (RBI) has announced its decision to maintain the repurchase rate (repo rate) at 6.5%.
24 Jun 2024
Reserve Bank Of India (RBI)India's foreign gold reserves hit lowest level in 6 years
India's overseas gold reserves have hit a six-year low, with the Reserve Bank of India (RBI) transferring large quantities of the precious metal back to domestic vaults.
07 Jun 2024
Reserve Bank Of India (RBI)RBI launches automatic reload feature for UPI Lite wallet
The Reserve Bank of India (RBI) has introduced an automatic reload feature for the UPI Lite wallet under its e-mandate framework.
07 Jun 2024
Monetary Policy CommitteeRBI ups India's GDP growth forecast to 7.2% for FY25
The Reserve Bank of India (RBI) has revised its real gross domestic product (GDP) projection for the fiscal year 2024-25 to 7.2%, a slight increase from the earlier estimate of 7%.
07 Jun 2024
Consumer Price Index (CPI)RBI maintains 4.5% inflation forecast for FY25
The Reserve Bank of India (RBI) has kept its inflation forecast for the fiscal year 2024-2025 at 4.5%, as announced by the Monetary Policy Committee (MPC).
07 Jun 2024
Monetary Policy CommitteeRBI holds repo rate steady at 6.5% for eighth time
The Reserve Bank of India's Monetary Policy Committee (MPC) has maintained the repo rate at 6.5% for the eighth consecutive time.
02 Jun 2024
National Payments Corporation of IndiaUPI records 14.04 billion transactions in May, sets new milestone
The Unified Payments Interface (UPI) processed a record 14.04 billion transactions in May.
22 May 2024
Reserve Bank Of India (RBI)RBI approves ₹2.11 lakh crore dividend to government for FY24
The Reserve Bank of India's (RBI) Central Board of Directors has approved a record surplus transfer of ₹2,10,874 crore to the government for the financial year 2023-24.
02 May 2024
InflationRBI's interest rate cut expectations pushed back to late 2024
A recent survey conducted by Bloomberg indicates that the Reserve Bank of India (RBI) may postpone its planned interest rate cut until the last quarter of 2024.
05 Apr 2024
Reserve Bank Of India (RBI)RBI makes cash deposits possible using UPI: Here's how
The Reserve Bank of India (RBI) has launched a new feature allowing customers to deposit cash into their bank accounts using the Unified Payments Interface (UPI) at cash deposit machines (CDMs).
05 Apr 2024
Reserve Bank Of India (RBI)RBI's new app will let you buy government bonds directly
The Reserve Bank of India (RBI) is preparing to launch a mobile application aimed at enhancing individual participation in government bonds.
04 Mar 2024
Unified Payments Interface (UPI)UPI accounts for 80% of digital payments in India: RBI
Shaktikanta Das, Governor of the Reserve Bank of India (RBI) has announced that Unified Payments Interface (UPI) now accounts for nearly 80% of digital payments in India.
08 Feb 2024
Reserve Bank Of India (RBI)India's Digital Rupee to soon support offline transactions
India's Central Bank Digital Curreny (CBDC), also known as Digital Rupee, will soon support offline transactions so that you can make payments in areas with limited or no internet access, as per the Reserve Bank of India (RBI).
08 Feb 2024
Reserve Bank Of India (RBI)RBI keeps repo rate unchanged at 6.5% over inflation concerns
The Reserve Bank of India (RBI) has decided to keep its key interest repo rate unchanged at 6.5%. It is the rate at which it lends short-term funds to banks.
26 Dec 2023
Reserve Bank Of India (RBI)RBI and other banks in Mumbai receive bomb threats
The Mumbai Police said on Tuesday that the Reserve Bank of India (RBI) office in Mumbai, along with HDFC Bank and ICICI Bank branches, received a bomb threat via email.
08 Dec 2023
Reserve Bank Of India (RBI)RBI raises UPI limit for hospitals, education to Rs. 5L
Reserve Bank of India (RBI) Governor Shaktikanta Das, announced two major updates related to the Unified Payments Interface (UPI), during the Monetary Policy Committee (MPC) meeting.
01 Nov 2023
Reserve Bank Of India (RBI)Over 97% of Rs. 2,000 banknotes returned to banks: RBI
On November 1, the Reserve Bank of India (RBI) revealed that over 97% of Rs. 2,000 banknotes in circulation have been returned to the banking system.
20 Oct 2023
Reserve Bank Of India (RBI)Interest rate will remain high for now: RBI Governor
At the Kautilya Economic Conclave 2023, Reserve Bank of India (RBI) Governor Shaktikanta Das announced that interest rates will stay high for now, without giving a specific timeline for a decrease.
20 Oct 2023
Reserve Bank Of India (RBI)Maintaining disinflationary monetary policy a must: RBI Governor
At the recent Kautilya Economic Conclave 2023, Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized that the monetary policy must remain actively disinflationary to ensure that the decline in inflation from its peak of 7.44% in July continues smoothly.
06 Oct 2023
Reserve Bank Of India (RBI)Rs. 12,000cr worth of Rs. 2,000 notes still in circulation
Reserve Bank of India (RBI) Governor Shaktikanta Das announced on October 6 that Rs. 12,000 crore worth of Rs. 2,000 denomination notes have not yet returned to the central bank.
06 Oct 2023
Reserve Bank Of India (RBI)RBI maintains repo rate at 6.5%, FY24 GDP forecast unchanged
The Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Friday that the central bank's Monetary Policy Committee (MPC) has decided unanimously to keep the key repo rate steady at 6.5%, in line with economists' predictions.
10 Aug 2023
Reserve Bank Of India (RBI)RBI keeps repo rate unchanged at 6.5% for third time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has opted to maintain the key repo rate at 6.5%, marking the third consecutive time this decision has been made.
26 Jun 2023
Reserve Bank Of India (RBI)No negative impact of Rs. 2,000 notes' withdrawal: RBI governor
The withdrawal of Rs. 2,000 currency notes that the Reserve Bank of India (RBI) announced last month will have no negative impact on the economy, RBI Governor Shaktikanta Das said on Monday.
08 Jun 2023
Reserve Bank Of India (RBI)Half of Rs. 2,000 notes deposited, exchanged so far: RBI
Around 50% of the total Rs. 2,000 currency notes have been deposited or exchanged so far, according to the Reserve Bank of India (RBI).
