Bharat Express

Shaktikanta Das

RBI Governor Shaktikanta Das clarified that the shift to a neutral monetary policy stance does not indicate an imminent interest rate cut.

The RBI expressed confidence in the country’s economic stability, with Shaktikanta Das stressing a proactive approach to global challenges.

Amit Shah emphasized political stability and policy continuity in driving economic reforms and fostering development toward goal of 'Viksit Bharat'.

RBI Governor Shaktikanta Das says the Indian rupee is one of the world’s most stable currencies against the US dollar.

RBI is considering a proposal to increase the frequency of credit information reporting to CICs to every two weeks or even shorter intervals.

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.