Shaktikanta Das
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 ......
Economy
RBI set to cut rates for sixth time, but that may not cure economy's ills
Five interest rate cuts since the start of the year haven't stopped India's economy from slowing to its weakest growth ......
Finance
Govt weighs stricter laws to curb frauds in co-operative banks
The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy, following allegations of ......
