Shaktikanta Das
Economy
RBI cuts reverse repo rate in bid to spur bank lending
The Reserve Bank of India unexpectedly cut its key deposit rate for the second time in three weeks on Friday ......
Finance
Three-month EMI holiday for home, car loans and other highlights from RBI policy
The Reserve Bank of India on Friday took steps to combat the economic fallout of the COVID-19 pandemic, which has ......
Economy
RBI slashes interest rates as coronavirus lockdown hits economy
The Reserve Bank of India on Friday slashed interest rates by 75 basis points in an emergency move to revive ......
Finance
SBI may take up to 49% stake in Yes Bank under RBI bailout plan
The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......
Finance
Yes Bank plunges 60%, panicked depositors rush to withdraw funds
Shares in India's Yes Bank Ltd plunged 60% on Friday as panicky depositors rushed to withdraw funds after the central ......
Economy
RBI keeps interest rates unchanged to fight inflation
The Reserve Bank of India (RBI) held rates steady on Thursday and retained an accommodative policy stance as it sought ......
Markets
Weak growth to pull down rupee, coronavirus fears to impinge: Poll
The battered Indian rupee will weaken further against the dollar over the coming year as a significant pickup in economic ......
Finance
Govt appoints Michael Patra as RBI deputy governor
India’s government appointed career central banker Michael Patra as one of the Reserve Bank of India’s four deputy governors for ......
Finance
How pricey food items limit scope for RBI to make more rate cuts
India’s volatile food prices are yet again posing a sticky inflation problem for its central bank, preventing it from cutting ......
Finance
RBI governor reiterates there is more scope to cut rates
There is scope in India for cutting interest rates further and the central bank will use it when required after ......