#ShaktikantaDas

Pune, Maharashtra, India (NewsVoir) The Monetary Policy Committee, constituted by the Reserve Bank of India and led by Shaktikanta Das, RBI Governor, decided to keep repo rates unchanged at 4% ...

7 April.Mumbai, Maharashtra, India
RBI Governor Shaktikanta Das said on Wednesday that interest rates will remain unchanged. (Photo Credit: Twitter/@RBI)

  • RBI Governor Shaktikanta Das said there is no need for a loan repayments moratorium at present
  • He added businesses are better prepared today to deal with the situation
  • Das reminded that the RBI has taken innovative measures since the pandemic started to help ecomomy

Mumbai, Apr 7 (PTI) Amid an increase in localised lockdowns across the country, Reserve Bank Governor Shaktikanta Das on Wednesday said there is no need for a loan repayments moratorium at ...

7 April.Mumbai, Maharashtra, India
The digital wallet limit has been changed from Rs 1 lakh to Rs 2 lakh per individual. The step was taken to enhance financial services digitally. (Photo Credit: Twitter/ @ANI)

  • RBI Governor Shaktikanta Das stated that rising COVID cases can be a hurdle in economic recovery
  • RBI's latest monetary policy kept policy rate and interest rates unchanged
  • The GDP growth has been forecast at 10.5% for fiscal year 2021-22

Mumbai, Apr 7 (PTI) The Reserve Bank of India (RBI) on Wednesday kept key interest rates unchanged at record lows while pledging to buy Rs 1 lakh crore of government bonds this quarter to cap ...

7 April.New Delhi, Delhi, India
The Reserve Bank of India on Wednesday retained the economic growth projection for the current financial year at 10.5%. (PTI File Photo)

  • In its last policy review, the RBI had projected a GDP growth rate of 10.5 pc for FY'22
  • Projection of 'real GDP growth for 2021-22 is retained at 10.5% consisting of 26.2% in Q1," RBI said
  • Shaktikanta Das said the recent surge in COVID-19 infections adds uncertainty to the domestic growth

7 April.New Delhi, Delhi, India
(Photo Credit: Unsplash)

The Reserve Bank of India on Wednesday decided to keep its repo rate and reverse repo rate unchanged

Mumbai, Apr 7 (PTI) Reserve Bank on Wednesday said it expects retail inflation at 5.2 per cent in the first half of the current fiscal and revised downwards the target to 5 per cent for ...

7 April.New Delhi, Delhi, India
The RBI will announce a decision on monetary policy. (Photo Credit/PTI)

  • The RBI announced that interest rates will remain unchanged
  • The RBI regulates supply of money in the economy through repo rate
  • A lower repo rate reduces banks’ borrowing costs

Mumbai, Apr 7 (PTI) Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat to growth due ...