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"
Das says DPI, which includes frameworks like Aadhaar, UPI, and online bill payments, will make financial system work better
Global Finance ranks the RBI Governor among top central bankers for the second time in a row, along with Christian Kettel Thomsen of Denmark and Thomas Jordan of Switzerland
Shaktikanta Das says CBDC is interoperable -- with the same QR code, one can make UPI payments or CBDC payments
The final leg of this disinflation journey may be tough, says RBI governor Shaktikanta Das
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
GDP growth for the current financial year 2024-25 is projected at 7%
RBI is the appropriate body for the holistic appreciation of the banking vision of Viksit Bharat, says PM Modi
The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high-frequency indicators, write RBI economists