SHAKTIKANTA DAS

Banks, NBFCs should stress test their books, suggests RBI Governor

22 Nov 2023

Governor of the Reserve Bank of India Shaktikanta Das urged banks and non-banking financial companies (NBFCs), among other financial institutions, to keep stress testing their books on Wednesday. The comments made today closely followed the RBI's announcement last week that it was raising the risk weight for banks' and non-banking...

RBI revises inflation outlook for 2023-24 and anticipates “substantial increase” in near-term

10 Aug 2023

The Reserve Bank of India has increased its forecast for retail inflation in the country for 2023–24 to 5.4% from the previous forecast of 5.1% from its June monetary policy meeting. RBI Governor Shaktikanta Das, as part of his remarks after the policy meeting, said assuming a normal monsoon, retail...

RBI keeps repo rate unchanged in third consecutive policy meet

10 Aug 2023

The majority of financial markets had anticipated the Reserve Bank of India to maintain the repo rate at 6.5 percent during its three-day monetary policy committee meeting. RBI Governor Shaktikanta Das on Thursday at a press conference said, "Monetary Policy Committee decided unanimously to keep the Repo Rate unchanged at...

Indian stocks markets hold steady ahead of RBI’s monetary policy statement

08 Jun 2023

On Thursday morning, Indian stock indices traded steadily, with all eyes on the Reserve Bank of India's (RBI) conclusion from its bi-monthly monetary policy review. RBI governor Shaktikanta Das is to read out the monetary policy meeting outcome at 10 am. A majority of analysts, though, expect the RBI will...

Indian stocks remain stable ahead of RBI’s monetary policy meet

06 Jun 2023

As investors waited for new clues from the Reserve Bank of India's bimonthly monetary policy review, Indian market indices mostly traded steadily on Tuesday morning. Investors eye policy outcome of the meeting, headed by RBI governor Shaktikanta Das, to be announced Thursday. A majority of analysts expect the RBI awill...

Shaktikanta Das congratulates Team RBI for serving the country for 88 years

03 Apr 2023

Governor of the Reserve Bank of India, Shaktikanta Das congratulated the central bank on its 88 years of dedicated service to the country. "Congratulations Team RBI for their 88 years of dedicated service to the nation. It's a sobering experience. A day to renew our commitment to the duties of...

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