Shaktikanta Das News

RBI to conduct overnight VRR auction of Rs 75,000 cr on Monday

RBI to conduct overnight VRR auction of Rs 75,000 cr on Monday

Mumbai: The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of Rs 75,000 crore. According to a report, this was done to augment the liquidity shortfall in the economy. The date of reversal

Govt reappoints Shaktikanta Das as RBI Governor by 3 more years, till Dec 2024

Govt reappoints Shaktikanta Das as RBI Governor by 3 more years, till Dec 2024

New Delhi: The government on Friday reappointed Shaktikanta Das as Reserve Bank of India (RBI) governor for three more years, till December 2024. The decision was taken last evening by the cabinet appointments committee comprising Prime Minister Narendra Modi and Home Minister Amit Shah. “The Appointments Committee of the Cabinet

RBI to transfer Rs 99,122 crore as surplus to govt for 9 month

RBI to transfer Rs 99,122 crore as surplus to govt for 9 month

The Reserve Bank of India (RBI) on Friday said that it has decided to transfer Rs 99,122 crore as surplus to the government for the accounting period of nine-month ended March 31,(July 2020-March 2021). The decision was taken during the 589th meeting of central board of directors of RBI under

RBI governor Shaktikanta Das today’s speech: Key highlights

RBI governor Shaktikanta Das today’s speech: Key highlights

Reserve Bank of India governor Shaktikanta Das, on May 5, said in an unscheduled speech that wide-ranging and swift actions were needed against the spread of the second COVID-19 wave. Central bank is monitoring emerging developments. India has mounted a valiant defence against COVID. The RBI will continue to monitor