Shaktikanta Das

RBI chief pushes back on calls to cut food from inflation target

Inflation spiked in September on the back of food prices, with vegetable costs alone surging 36 per cent.

26 October 2024, 10:36 IST

RBI chief pushes back on calls to cut food from inflation target

26 October 2024, 10:36 IST

Cryptocurrencies huge risks to financial stability: RBI Governor

India, he said, was the first country to raise questions about cryptocurrencies.

26 October 2024, 02:08 IST

Cryptocurrencies huge risks to financial stability: RBI Governor

26 October 2024, 02:08 IST

RBI chief says inflation moderating, but upside risks require vigilance

India's economy is expanding at a solid clip with the balance of growth and inflation 'well-poised,' Das said in an event hosted by the Peterson Institute for International Economics in Washington.

26 October 2024, 01:15 IST

RBI chief says inflation moderating, but upside risks require vigilance

26 October 2024, 01:15 IST

India can't risk another bout of inflation, says RBI Governor Shaktikanta Das

Overall, the Indian economy presents a picture of stability and strength, he said, adding the balance between inflation and growth is well-poised.

23 October 2024, 15:43 IST

India can't risk another bout of inflation, says RBI Governor Shaktikanta Das

23 October 2024, 15:43 IST

Interest rate cut at this stage could be premature, risky: RBI Governor Das

Das also said the Reserve Bank does not act like a policeman, but it maintains tight vigil on the financial market and takes regulatory action whenever necessary.

18 October 2024, 13:02 IST

Interest rate cut at this stage could be premature, risky: RBI Governor Das

18 October 2024, 13:02 IST

RBI not police; maintains tight vigil on financial market and takes action when necessary: Shaktikanta Das

The RBI governor's remark came a day after the central bank directed Sachin Bansal's Navi Finserv and three other NBFCs to cease and desist from sanctioning and disbursing loans effective from the close of business of October 21 on material supervisory concerns, including usurious pricing.

18 October 2024, 11:54 IST

RBI not police; maintains tight vigil on financial market and takes action when necessary: Shaktikanta Das

18 October 2024, 11:54 IST

RTGS may be extended to USD, Euro, GPB settlements: RBI Guv Shaktikanta Das

'India and a few other economies have already commenced efforts to expand linkage of cross-border fast payment systems both in the bilateral and multilateral modes,' he added.

15 October 2024, 03:04 IST

RTGS may be extended to USD, Euro, GPB settlements: RBI Guv Shaktikanta Das

15 October 2024, 03:04 IST

Banks must ride on advantages of AI and Bigtech, not the other way: RBI Governor Das

"The heavy reliance on AI can lead to concentration risks, especially when a small number of tech providers dominate the market. This could amplify systemic risks, as failures or disruptions in these systems may cascade across the entire financial sector," Reserve Bank of India Governor Shaktikanta Das said.

14 October 2024, 12:46 IST

Banks must ride on advantages of AI and Bigtech, not the other way: RBI Governor Das

14 October 2024, 12:46 IST

Reducing time, cost of remittances from internal migrants must get attention: Congress

Congress general secretary Jairam Ramesh made the remarks even as he welcomed the RBI Governor Shaktikanta Das's call for reducing the time and cost of remittances from abroad.

14 October 2024, 11:40 IST

Reducing time, cost of remittances from internal migrants must get attention: Congress

14 October 2024, 11:40 IST

RBI Governor Das warns against financial stability risks from growing use of AI

'The heavy reliance of AI can lead to concentration risks, especially when a small number of technology providers dominate the market,' Shaktikanta Das said at an event in New Delhi.

14 October 2024, 06:17 IST

RBI Governor Das warns against financial stability risks from growing use of AI

14 October 2024, 06:17 IST