Shaktikanta Das News
Shaktikanta Das is currently serving as the 25th governor of the Reserve Bank of India. He was earlier a member of the 15th Finance Commission but has been a member of the RBI office since 2018. Born in Bhubaneswar, he obtained his bachelor’s degree from St. Stephen’s college in Delhi. Under his leadership, the RBI implemental several critical reforms - raising repo rates to address inflation, growth-supportive measure after during Covid-19 and introducing innovating payment systems. Das was at the centre of RBI’s extreme measures such as deep cuts in lending r
India’s slow growth data leaves RBI’s economic goal unchanged, says Governor Das
The Reserve Bank of India (RBI) will stick to its economic growth estimation of 7.2 per cent for the financial year 2024-25 even though the country experienced a slowdown in the previous quarter, reported the news agency Bloomberg on September 5.
1 min read5 Sep 2024PM Narendra Modi on RBI Governor Shaktikanta Das’ ‘A+’ rating in Global Finance Report, ‘recognition of his leadership…’
Prime Minister Narendra Modi congratulated RBI Governor Shaktikanta Das on his ’A+’ grade rating in the Global Finance Central Banker Report Cards 2024. He added that the ranking recognizes Das’ leadership and work towards economic growth.
2 min read21 Aug 2024Anand Mahindra calls RBI Governor Shaktikanta Das ‘gold medal winner’ of central bank Olympics, says ‘His parents…’
RBI Governor Shaktikanta Das got an ’A+’ rating for the second consecutive year in Global Finance Central Banker Report Cards 2024 and businessman Anand Mahindra praised Das as a ‘gold medal winner in the Central Bank Olympics’.
2 min read21 Aug 2024RBI’s Shaktikanta Das receives ‘A+’ rating for second year in global finance central banker report cards 2024
RBI Governor Shaktikanta Das received an ‘A+’ rating for the 2nd consecutive year in the Global Finance Central Banker Report Cards 2024, according to a Global Finance Magazine press release on Monday, August 19.
2 min read20 Aug 2024Amid the worst deposit crunch in two decades, RBI urges banks to adjust to changes in how people save
An unrelenting deposit crunch has RBI worried that a wide credit-deposit gap could expose India’s banking system to structural liquidity issues.
3 min read19 Jul 2024RBI to allow auto refill of UPI Lite wallet soon, here’s what Governor Shaktikanta Das said…
This means that customers will no longer have to manually refill their UPI Lite wallets, but it will refill automatically, once a threshold amount set by the customer is reached.
2 min read7 Jun 2024’Stricter norms a preemptive measure for sustainable lending’ says RBI Governor Shaktikanta Das
Emphasising the nature of these actions as ‘pre-emptive, calibrated, and targeted’, Das highlighted additional macroprudential measures announced recently, all oriented towards ensuring sustainability.
2 min read22 Nov 2023PM Modi congratulates RBI Governor Shaktikanta Das for being ranked top central banker globally
RBI Governor Shaktikanta Das ranked top global central banker by Global Finance magazine.
1 min read1 Sep 2023Vegetable prices lower, to fall faster from Sep: RBI governor
Retail inflation, as measured by the consumer price index, had surged to a 15-month high of 7.44% in July this year from 4.87% a month ago led by vegetable prices.
1 min read23 Aug 2023El Nino a challenge; RBI striving for 4% CPI: Shaktikanta Das
‘Although there is an expectation of a normal monsoon, there are concerns around El Nino. We will have to see how serious it is. Other challenges are primarily weather-related events, which can have an impact on food inflation,’ Das said, adding that we will have to grapple with these uncertainties.
3 min read26 Jun 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared