Bharat Express

Shaktikanta Das

Highlighting the importance of advanced technologies such as artificial intelligence, machine learning, RBI Governor Shaktikanta Das urges banks and NBFCs to incorporate latest technologies to avoid the risk of financial fraud. 

RBI Governor Shaktikanta Das confident in India's continued robust economic growth through current fiscal quarter.

RBI Governor remarked that the future appears promising for agriculture and rural activities. He emphasized that the strengthening of rural demand and improvements in employment conditions are anticipated to stimulate private consumption.

Shaktikanta Das gave the administration credit for the structural changes that have been made recently, stating that they have improved the Indian economy's medium- and long-term development prospects.

About 10:00 a.m. on Friday, RBI governor Shaktikanta Das will announce the MPC decision. Das will give a post-policy press conference following the ruling.

The central bank has also increased the risk weights on credit receivables by 25 percentage points to 150 per cent and 125 per cent for banks and NBFCs, respectively.

Das had stated earlier in the month that 87% of the ₹2,000 denomination notes that were taken out have been refunded as bank deposits, with the remaining....

The Reserve Bank has raised the main policy rate (repo) by 250 basis points since May 2022

Sitharaman and RBI Governor Shaktikanta Das will co-chair the fourth G20 Finance Ministers and Central Bank Governors (FMCBG) meeting at Marrakech, Morocco

At the Monetary Policy Committee (MPC) meeting on Thursday, RBI Governor Shaktikanta Das revealed new features for UPI. Here is an overview.