Shaktikanta Das Archives

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RBI Governor interacts with FinTechs and industry associations

14-Dec-2022

In his introductory remarks, the RBI Governor stated that FinTech initiatives and start-ups are important segments of aspirational India.

14-Dec-2022 Business

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RBI to add new feature to UPI payment platform

07-Dec-2022

Mumbai: Reserve Bank of India Governor (RBI) Shaktikanta Das on Wednesday said it decided to add a new feature in its Unified Payments Interface (UPI) platform where the delivery of service or goods happens later such as e-commerce purchases, hotel bookings or investments in equities. Through the ‘single-block-and-multiple debits’ feature... The post appeared first on .

07-Dec-2022 Business

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RBI to add new feature to UPI payment platform

07-Dec-2022

Mumbai: Reserve Bank of India Governor (RBI) Shaktikanta Das on Wednesday said it decided to add a new feature in its Unified Payments Interface (UPI) platform where the delivery of service or goods happens later such as e-commerce purchases, hotel bookings or investments in equities. Through the ‘single-block-and-multiple debits’ feature... The post appeared first on .

07-Dec-2022 Business

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RBI to add new feature to UPI payment platform

07-Dec-2022

By introducing single-block-and-multiple-debits functionality, Shaktikanta Das said this facility will enable a customer to block funds in his/her account for specific purposes, which can be debited whenever needed.

07-Dec-2022 Business

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Adjusted for inflation, policy rate still remains accommodative, says RBI Governor

07-Dec-2022

According to the statement of the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said consequently, the standing deposit facility (SDF) rate stands adjusted to 6 per cent, and the marginal standing facility (MSF) rate and the bank rate to 6.50 per cent.

07-Dec-2022 Business

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RBI: Monetary Policy Committee Hikes Policy Rate By 35 BPS To 6.25%

07-Dec-2022

The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect Mumbai: The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by... The post appeared first on .

07-Dec-2022 National

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RBI: Monetary Policy Committee Hikes Policy Rate By 35 BPS To 6.25%

07-Dec-2022

The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect Mumbai: The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by... The post appeared first on .

07-Dec-2022 National

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RBI hikes repo rate to keep inflation anchored

07-Dec-2022

The inflation trajectory has largely evolved in line with the outlook given by us in June 2022, Shaktikanta Das said, adding that going forward, food inflation is likely to moderate with the usual winter softening and the likelihood of a bountiful rabi harvest.

07-Dec-2022 Business

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RBI: Monetary Policy Committee Hikes Policy Rate By 35 BPS To 6.25%

07-Dec-2022

The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect Mumbai: The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by... The post appeared first on .

07-Dec-2022 National

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India is differently placed, at low risk of recession: RBI Guv

20-Nov-2022

Hyderabad: Reserve Bank of India Governor Shaktikanta Das said a synchronised tightening of monetary policy globally has progressively increased the risk of a hard landing, which is a recession to tame inflation. India, however, is differently placed. The Governor was speaking about the rising inflation across the world and said... The post appeared first on .

20-Nov-2022 National

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