RBI governor warns NBFCs pursuing ‘growth at any cost’
Some NBFCs are aggressively pursuing growth without building up sustainable business practices and risk management frameworks, says Shaktikanta Das.
Some NBFCs are aggressively pursuing growth without building up sustainable business practices and risk management frameworks, says Shaktikanta Das.
RBI Governor Shaktikanta Das says to transition from an emerging to an advanced economy by 2047, the economy needs a "multi-pronged and multi-sectoral approach"
A rising tide lifts all boats, but it lifts different boats differently, says the former governor of the Reserve Bank of India
Das says EMEs did not face “adverse spillover effects” from recent banking sector turmoil in advanced economies due to wider adoption of Basel III norms and improvements in supervisory practices
Price stability and financial stability complement each other and RBI treats financial stability as "non-negotiable", Shaktikanta Das says at Kautilya Economic Conclave
RBI on August 12 had directed banks to maintain I-CRR of 10% on increase in net demand and time liabilities between May 19 & July 28
In his address, he notes that customer-centricity, governance, and self-regulation are critical for the fintech ecosystem to be stable and future-ready.
"Empirical data we are generating to go a long way in shaping policies and future course of action," says RBI Governor Shaktikanta Das
Global Finance Central Banker Report Cards 2023 names Das among top three central bank governors globally; PM Modi says “proud moment” for India
The month of July has witnessed accentuation of food inflation, primarily on account of vegetables, says Shaktikanta Das