#Shaktikanta Das press conference today

[newsreadersin]

Announcement of maintaining status quo on policy rates should be considered as pause and not pivot, said RBI Governor Shaktikanta Das

Announcement of maintaining status quo on policy rates should be considered as pause and not pivot, said RBI Governor Shaktikanta Das @airnewsalerts RBI Governor Shaktikanta Das today said that the announcement of maintaining the status quo on policy rates should be considered as a pause and not a pivot. Addressing the post-monetary policy press conference in Mumbai this afternoon, Mr. Das said…

[new-haryanvi-ragni]

RBI Monetary Policy Announcement Today: Another Repo Rate Hike Likely

RBI Monetary Policy 2023: Governor Shaktikanta Das will announce the outcome of the meetings at 10 am today, followed by a press conference at noon. source https://zeenews.india.com/economy/rbi-monetary-policy-2023-rbi-likely-to-announce-another-repo-rate-hike-today-to-manage-inflation-2591853.html

[newsaryavart]

RBI का रेपो रेट में 0.4 फीसदी की कटौती का ऐलान, सस्ते होंगे कर्ज

RBI का रेपो रेट में 0.4 फीसदी की कटौती का ऐलान, सस्ते होंगे कर्ज

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Photo:INDIA TV

RBI cut repo rate

नई दिल्ली। कोरोना संकट को देखते हुए रिजर्व बैंक ने रेपो रेट में 0.4 फीसदी की कटौती का ऐलान किया है। इस कदम के बाद कर्ज ���स्ते होने का रास्ता साफ हो गया है। कटौती के बाद रेपो रेट 4.4 फीसदी से घटकर 4 फीसदी हो जाएगी। रिजर्व बैंक ने इसके साथ ही संकेत दिए हैं कि वो आगे भी जरूरत के हिसाब से राहत के लिए कदम उठाते रहेंगे। रिवर्स रेपो रेट iघटकर 3.35 फीसदी हुई।

मह…

[newsheadlines2020]

RBI Monetary Policy: Repo rate unchanged, GDP to fall by 9.5 per cent Image Source : FILE PHOTO RBI Monetary Policy: Repo rate unchanged, GDP to fall by 9.5 per cent…

[weelectronicstudentreviewstuff]

RBI repo rate unchanged 4 per cent governor Shashikanta das Image Source : PTI RBI leaves repo rate unchanged at 4% Reserve Bank of India has kept the repo rate unchanged at 4 per cent.

[techminsolutions]

Market Ahead Podcast, Oct 8: Top factors that could guide markets today

Market Ahead Podcast, Oct 8: Top factors that could guide markets today

Domestic markets will remain volatile in the first half of Friday’s session as investors will read the fine print of the Reserve Bank of India’s policy decision. RBI governor Shaktikanta Das will announce the policy outcome at 10 AM today, followed by a press conference later in the day. While the central bank is expected to hold key interest rates steady to support growth, its views on policy…

[rokdabazaar]

Shaktikanta Das Highlights: RBI defers loan repayments by 3 more months; cuts repo rate 40 bps, eases monetary policy

By: FE Online

RBI Governor Shaktikanta Das Press Conference | Highlights: Reserve Bank of India has extended the moratorium on loan repayments by another three months to 31 August 2020, while it also cut policy repo rate by 40 basis points to 4.0% after an unscheduled meeting of the Monetary Policy Committee.

The Reserve Bank of India today announced several monetary easing measures, including extending moratorium on loan repayments by another three months, and an emergency cut in the policy repo rate. Governor Shaktikanta Das today said that the Monetary Policy Committee, after an unscheduled meeting, cut policy repo rate by 40 basis points to 4.0%. 

The RBI Monetary Policy Committee voted unanimously for reduction in the policy repo rate, while voted 5:1 in favour of the quantum of the cut, Shaktikanta Das said. Consequently, the reverse repo rate now stands reduced to 3.35%, while the MSF rate is down to 4.25%. T

o ease the financial stress on people and businesses, Shaktikanta Das said that the RBI has also allowed deferment of repayments of loans and working capital by another three months from June 1 to August 31 due to lockdown extension. Shaktikanta Das, while laying out the economic conditions prevailing in India amid the ongoing coronavirus crisis, also said that food inflation may remain under supply side shock, and that the elevated level of inflation in pulses is ‘worrisome’. 

RBI’s announcement follows the mega Rs 21 lakh crore economic package announced by the Narendra Modi government recently. In the wake of the ongoing coronavirus pandemic, RBI has so far announced various liquidity and monetary measures, totalling an economic value worth Rs 8 lakh crore. Meanwhile, FY21 GDP is expected to remain in negative due to the coronavirus pandemic.

Reference Website:

https://www.financialexpress.com/

[inventivaindia]

Reserve Bank Of India Governor Shaktikanta Das Hold Briefing Today After Nirmala Sitharaman Reserve Bank of India (RBI) Governor Shaktikanta Das, held a press conference and announced a major relief to the customers.

[new-haryanvi-ragni]

RBI Monetary Policy 2023: RBI likely to announce another repo rate hike today to manage inflation

RBI Monetary Policy 2023: Governor Shaktikanta Das will announce the outcome of the meetings at 10 am today, followed by a press conference at noon. source https://zeenews.india.com/economy/rbi-monetary-policy-2023-rbi-likely-to-announce-another-repo-rate-hike-today-to-manage-inflation-2591853.html

[newsaryavart]

LIVE-RBI गवर्नर शक्तिकांत दास ने ब्याज दरों में 0.40 फीसदी की कटौती का ऐलान किया, कम होगी आपकी EMI

LIVE-RBI गवर्नर शक्तिकांत दास ने ब्याज दरों में 0.40 फीसदी की कटौती का ऐलान किया, कम होगी आपकी EMI

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आरबीआई गवर्नर शक्तिकांत दास आरबीआई गवर्नर (RBI Governor Shaktikant Das) प्रेस कॉन्फ्रेंस कर है. उन्होंने, बड़ी राहत देते हुए रेपो रेट में 0.40 फीसदी की कटौती का ऐलान किया है.

[timesofnewsindia]

Coronavirus India LIVE Updates: RBI Governor Shaktikanta Das to hold press conference at 10 am today

Coronavirus India LIVE Updates: RBI Governor Shaktikanta Das to hold press conference at 10 am today

The Ministry of Civil Aviation will share standard operating procedures with all airports and airlines. (File Photo)

Coronavirus India LIVE Updates:

Domestic passenger flight operations are expected to commence from Monday, May 25 in a calibrated manner, Civil Aviation Minister Hardeep Puri said in a tweet. To this extent, the Ministry of Civil Aviation will share standard operating procedures…

[mehanstarknews]

RBI Governor Shaktikanta Das to address media at 10 am today

RBI Governor Shaktikanta Das to address media at 10 am today

Image Source : PTI

RBI Governor Shaktikanta Das to address media at 10 today

The Reserve Bank of India (RBI) Governor Shaktikanta Das will hold a press conference on Friday at 10:00 am, the central bank said in a tweet. The briefing comes days after Finance Minister gave details of the Rs 20 lakh economic relief package announced by Prime Minister Narendra Modi last week.

“Watch out for RBI…

[bigyack-com]

India’s real estate, construction industries in deep trouble: Raghuram Rajan - real estate

India’s real estate, construction and infrastructure industries are in “deep trouble,” and non-bank finance companies which lend to these sectors should have their asset quality reviewed, former Reserve Bank of India Governor Raghuram Rajan said.There is also “significant distress in rural areas,” Rajan wrote in an opinion piece in India Today magazine. He said India is in a growth recession, defined as an economy growing at a slow pace and where unemployment is rising.India’s GDP growth slowed to 4.5% in the quarter ended September, a six-year low. A crisis among shadow lenders and a build-up of bad loans at banks have curbed lending in the economy.The Reserve Bank of India should carry out an asset quality review of the non-bank finance companies, Rajan said. The central bank closely monitors the top fifty non-bank financiers, which account for about 75% of total assets in the shadow banking sector, Governor Shaktikanta Das said in a press conference on Thursday.“We have a fairly good idea of where the vulnerabilities lie,” said Das, reiterating that the central bank won’t allow any large or systematically important non-bank lender to collapse. Source link Read the full article

[manishajain001]

Reserve Bank of India (RBI) Governor Shaktikanta Das will make the central bank's Bi-monthly Monetary Policy address at 12 noon today. This is the 24th meeting of the MPC. "Watch out for Bi-monthly Monetary Policy address by RBI Governor Shaktikanta Das at 12:00 hrs on August 06, 2020," RBI said in a tweet.

[nomanaliseo]

RBI Governor Shaktikanta Das Highlights | Repo Rate

Shaktikanta Das Highlights: RBI defers loan repayments by 3 more months; cuts repo rate 40 bps, eases monetary policy

By: FE Online

RBI Governor Shaktikanta Das Press Conference | Highlights: Reserve Bank of India has extended the moratorium on loan repayments by another three months to 31 August 2020, while it also cut policy repo rate by 40 basis points to 4.0% after an unscheduled meeting of the Monetary Policy Committee.

The Reserve Bank of India today announced several monetary easing measures, including extending moratorium on loan repayments by another three months, and an emergency cut in the policy repo rate. Governor Shaktikanta Das today said that the Monetary Policy Committee, after an unscheduled meeting, cut policy repo rate by 40 basis points to 4.0%. The RBI Monetary Policy Committee voted unanimously for reduction in the policy repo rate, while voted 5:1 in favour of the quantum of the cut, Shaktikanta Das said. Consequently, the reverse repo rate now stands reduced to 3.35%, while the MSF rate is down to 4.25%. To ease the financial stress on people and businesses, Shaktikanta Das said that the RBI has also allowed deferment of repayments of loans and working capital by another three months from June 1 to August 31 due to lockdown extension. Shaktikanta Das, while laying out the economic conditions prevailing in India amid the ongoing coronavirus crisis, also said that food inflation may remain under supply side shock, and that the elevated level of inflation in pulses is ‘worrisome’. RBI’s announcement follows the mega Rs 21 lakh crore economic package announced by the Narendra Modi government recently. In the wake of the ongoing coronavirus pandemic, RBI has so far announced various liquidity and monetary measures, totalling an economic value worth Rs 8 lakh crore. Meanwhile, FY21 GDP is expected to remain in negative due to the coronavirus pandemic.

Reference Website:

https://www.financialexpress.com/