"shaktikanta-das"

"Reserve Bank of India Governor Shaktikanta Das experienced acidity and was admitted in Apollo Hospital, Chennai for observation,” said an RBI spokesperson

India's gold reserves reached $65.76 billion as of October 4, up from $21.15 billion on December 7, 2018, according to RBI data. Since Shaktikanta Das took office as RBI Governor in December 2018, foreign exchange reserves have also surged by 78%, rising to $701.18 billion as of October 4, compared to $393.74 billion in December 2018.

The Prime Minister also asked the regulators to take more measures to stop cyber frauds and further increase digital literacy among people.

In response to a post on X by the Reserve Bank of India, PM Modi congratulated RBI Governor Shaktikanta Das, saying, “Congratulations to RBI Governor Shri @DasShaktikanta for achieving this feat for the second time.” He added, “This recognition reflects his leadership at the RBI and his efforts to promote economic growth and stability.”

The RBI has proposed to introduce a new provision called "Delegated Payments" through UPI. The step is aimed at further deepening the reach and usage of digital payments.

RBI proposes to reduce clearing cycle by introducing continuous clearing with 'on-realisation-settlement' in Cheque Truncation System

RBI Governor Shaktikanta Das observed that operational efficiency can be improved through the automation of routine tasks, which reduces human error and frees up resources for more strategic activities.

To advance this initiative, the Reserve Bank has formed a committee led by A.P. Hota, former MD & CEO of NPCI, to explore setting up a digital public infrastructure for the platform.

The decision was taken at Apex Bank's 608th meeting of the Central Board of Directors. Presided over by RBI Governor Shaktikanta Das, the board reviewed the global and domestic economic scenario, including risks to the outlook.

Despite various shocks and crises, he said the Indian banking sector has seen a remarkable recovery.

Police said that the sender in the email demanded the resignation of RBI governor Shaktikanta Das and Union Finance Minister Nirmala Sitharaman.

Das, speaking at the FIBAC 2023 conference, emphasized the necessity for NBFCs to diversify funding sources, reducing reliance on banks to mitigate risks linked to high interconnectedness.

The Reserve Bank, he said, has undertaken pilot projects with regard to promotion of the CBDC and the results have been "excellent"

The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023 - the date on which RBI decided to withdraw the banknote.

A bullet repayment scheme is one where a borrower repays interest and the principal amount at the end of a loan tenure without worrying about repayment during the loan tenure.

After three days of deliberation, RBI Governor Shaktikanta Das announced on Friday that the Monetary Policy Committee (MPC) unanimously opted to maintain the repo rate at 6.5 percent

He said the RBI would focus more on inflation given that growth is strong right now, adding oil price movements need to be watched carefully, too.

Addressing directors of UCBs in the financial capital at an RBI-organised conference, Das urged that such lenders should improve the governance standards, avoid related-party transactions and focus on credit risks, among others.

As much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to banks.

According to Das, the banks and non-bank finance companies can continue with their lending activities even after RBI hands over the platform.