Shaktikanta Das

Follow prudential norms for credit without being excessively conservative: Das to banks

He also flagged "the need for PSBs to extend credit while observing prudential norms but without excessive conservatism".

Jan 29, 2019, 09:52 AM IST

RBI Governor meets PSU banks' CEOs, conveys regulator's expectations

RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7.

Jan 28, 2019, 13:30 PM IST

No liquidity shortage at the moment; will take steps if required: Das

Pointing out that liquidity in the system is regularly monitored, Das said the RBI will take steps whenever there is any deficit.

Jan 08, 2019, 14:38 PM IST

NPA level of banks on the decline, says RBI Governor

He also said the RBI has also initiated stakeholder consultation on governance reform in the banking sector.

Jan 08, 2019, 14:37 PM IST

New RBI governor should follow his "dharma" to protect Autonomy: Rangarajan

Das should work closely with the government on all the pressing issues, Rangarajan said.

Dec 24, 2018, 18:21 PM IST

RBI Governor 'highly corrupt', got him removed from Finance Ministry: Subramanian Swamy

Swamy, however, did not give any specific details about the "corruption", an allegation he had made in the past as well.

Dec 23, 2018, 07:12 AM IST

RBI Governor Shaktikanta Das meets more PSB heads

Das and the four deputy governors also deliberated on the prompt correction action (PCA) framework with these lenders, said another banker.

Dec 19, 2018, 18:28 PM IST

Board agrees to further examine RBI governance framework in crucial meeting

This is the first board meeting chaired by Das, who took over as the 25th governor Wednesday after the surprise resignation of Urjit Patel Monday.

Dec 14, 2018, 17:20 PM IST

Operational independence of central banks important: IMF on RBI

The International Monetary Fund (IMF) on Thursday said "operational independence" of central banks like the Reserve Bank of India (RBI) was important for carrying out their responsibilities.

Dec 14, 2018, 08:43 AM IST

New RBI Governor Das to steer first central board meet Friday

Given the current structure, the central board plays advisory role but there is growing clamour to make it operational and have greater participation in key decisions of the central bank.

Dec 13, 2018, 17:33 PM IST

Will uphold autonomy of RBI, says new Governor Shaktikanta Das

Das, who becomes 25th governor of the RBI, is a former IAS officer of Tamil Nadu cadre.

Dec 12, 2018, 16:21 PM IST

Shaktikanta Das assumes charge as new RBI Governor

A post-graduate in history from the Delhi University, he has become the first bureaucrat in Mint Street in five years.

Dec 12, 2018, 11:58 AM IST

Shaktikanta Das appointed India's G20 Sherpa

The central government on Monday said that it has appointed former IAS officer Shaktikanta Das as Indias "G20 Sherpa".

Nov 27, 2017, 23:08 PM IST

Moody's upgrade positive signal for economy: Shaktikanta Das

Large number of reforms have happened in India in the last three years - economic, structural, and institutional. All measures have been on track. 

Nov 17, 2017, 15:55 PM IST

'Apprehension about price rise post-GST misplaced'

Ruling out any price rise post Goods and Services Tax (GST), former Revenue Secretary Shaktikanta Das has said such apprehensions are "misplaced" and initial hiccups in its implementation will be sorted out in the next 2-3 months.

Jul 02, 2017, 11:43 AM IST

Rating agencies far from India's ground realities: Das

Upset over not getting a rating upgrade, India has lashed out at global rating agencies saying they are far detached from ground realities and must introspect as the reforms initiated certainly warranted an upgrade.

May 06, 2017, 13:34 PM IST

GST to be implemented from July 1 this year; all states on board: Shaktikanta Das

Economic Affairs Secretary Shaktikanta Das on Tuesday said that the Goods and Services Tax (GST) will be implemented from July 1 this year.

Feb 28, 2017, 13:29 PM IST

No plans of introducing new Rs 1000 notes, Centre focusing on producing lower denomination currency: Shaktikanta Das

A day after reports about Rs 1000 notes coming into circulation surfaced, Secretary Economic Affairs Shaktikanta Das has refuted the view.

 

Feb 22, 2017, 11:33 AM IST

No decision yet on imposing tax on cash transactions: Govt

The government has not taken any decision on levying a Banking Cash Transaction Tax (BCTT) on cash deals of Rs 50,000 and above as suggested by the high- powered Chief Ministers' panel, Economic Affairs Secretary Shaktikanta Das said on Thursday.

Feb 09, 2017, 14:57 PM IST

FIPB phase out mechanism to be ready in couple of months: Shaktikanta Das

In another two months, the government hopes to put in place a new mechanism to replace the existing Foreign Investment Promotion Board (FIPB), which will further improve ease of doing business, Economic Affairs Secretary Shaktikanta Das has said.

Feb 05, 2017, 19:53 PM IST