Bharat Express

Shaktikanta Das

The RBI in its April meeting too had paused the repo rate. The repo rate is the rate of interest at which RBI lends to other banks.

Das added that the government's capex has been very high for the past two years, and that the budget provisioning for this year is also very high, which will help growth a lot.

RBI Governor, Shaktikanta Das, has predicted that the next financial crisis will happen due to private cryptocurrencies. Speaking at the Business Standard BFSI Insight Summit, Governor Das claimed that those private cryptocurrencies have no “underline” value and pose risks for macroeconomic and financial stability. “Cryptocurrency poses risks for macroeconomic and financial stability. Private cryptocurrencies owe their …

Shaktikanta Das, the Governor of Reserve Bank of India, announced the bi-monthly monetary policy today