Shaktikanta Das

RBI Board Reviews Global And Domestic Economic Scenario, Outlook | Personal Finance News

New Delhi: The 610th meeting of the Central Board of Directors of the Reserve Bank of India was held on Wednesday in Mumbai under the Chairmanship of Governor Shaktikanta Das. As per a statement from the central bank, they reviewed the global and domestic economic scenario and outlook, including associated challenges. The Board also reviewed […]

ABHISEK RAJPUT

September 4, 2024

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RBI Governor Bats For Self-Regulation Of Fintech Sector | Economy News

New Delhi: The preferred approach for prudent regulation of the ever-growing fintech sector should be self-regulation, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday. Speaking at the Global Fintech Fest in Mumbai, the RBI Governor said a sustainable and orderly development of the fintech sector would require an appropriate balance between innovation […]

ABHISEK RAJPUT

August 28, 2024

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RBI To Set Up Public Repository For Digital Lending Apps: Benefits For Borrowers Explained | Personal Finance News

New Delhi: The Reserve Bank of India (RBI) has proposed setting up a public repository for digital lending apps. This database will list all authorised digital lending apps which will make it easier for people to identify legitimate platforms. The RBI stated that regulated entities will directly update the repository with details about new or […]

ABHISEK RAJPUT

August 8, 2024

RBI Monetary Policy: Central Bank Keeps Repo Rate Unchanged At 6.5%; Rates Paused For 9th Consecutive Time | Economy News

New Delhi: The Reserve Bank of India kept the key interest rates unchanged for the 9th consecutive time on Thursday, and also keeping the growth projection unchanged at 7.2 percent for the current financial year. RBI Governor Shaktikanta Das, announcing the outcome of the three-day Monetary Policy Committee (MPC) meeting said that the repo rate […]

ABHISEK RAJPUT

August 8, 2024

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RBI Governor Shaktikanta Das Stresses Need To Eliminate Algorithm Biases | Economy News

New Delhi: RBI Governor Shaktikanta Das on friday stressed the importance of eliminating biases in algorithms because of the increasing use of artificial intelligence (AI) and machine learning (ML). Governor Shaktikanta Das while speaking at the 18th Statistics Day Conference organised by the Reserve Bank of India (RBI) highlighted the growing use of statistics as […]

ABHISEK RAJPUT

June 28, 2024

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India’s Forex Kitty Surges To New Lifetime High Of $655.8 Billion | Economy News

New Delhi: India’s foreign exchange reserves surged by $4.3 billion during the week ended June 7 to scale a lifetime high of $655.8 billion, according to the latest data released by the RBI on Friday. The country’s forex kitty has broken the earlier record of $651.5 billion, as of May 31, that was announced by RBI […]

ABHISEK RAJPUT

June 14, 2024

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RBI To Set Up Digital Payments Intelligence Platform To Combat Online Fraud | Technology News

New Delhi: In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, the Reserve Bank of India (RBI) unveiled a series of proposals aimed at fostering innovation, inclusivity, and efficiency in the financial ecosystem. These initiatives, announced by RBI Governor Shaktikanta Das, signify the central bank’s commitment to fortifying […]

ABHISEK RAJPUT

June 7, 2024

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RBI Governor Shaktikanta Das To Announce Monetary Policy Amid Rising Inflation Concerns | Economy News

New Delhi: The Governor of Reserve Bank of India, Shaktikanta Das will address the Monetary Policy at 10am. Following this, there will be post-policy press conference at noon. The Monetary Policy Committee, chaired by Governor Shaktikanta Das has been meeting in Mumbai this week to discuss key policy decisions in a challenging economic landscape. The […]

ABHISEK RAJPUT

June 7, 2024

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