Shaktikanta Das

2024 - 1 - 18

RBI Governor Shaktikanta Das: Insights and Cautions

Banking Sector - GDP Growth - Geopolitical Challenges - Inflation - Rate Cuts - RBI Governor Shaktikanta Das - Reserve Bank of India

Shaktikanta Das, the RBI Governor, shares exclusive views and cautions against exuberant lending practices. Find out the latest on rate cuts and GDP growth in this engaging read!

RBI Governor Shaktikanta Das has been in the spotlight recently, with discussions on rate cuts and India's GDP trajectory dominating the financial news. Despite inflation concerns, Das has emphasized that rate cuts are not currently on the table, linking them directly to the achievement of the 4% inflation target. In a recent interview at Davos, he highlighted India's projected real GDP growth of 7% for the upcoming fiscal year, signaling optimism amidst global economic uncertainties.

Adding to the discussion, Das cautioned against exuberant lending practices, stressing the importance of maintaining a balance between assets and liabilities in the banking sector. He mentioned that the RBI has not set a specific number for the Credit-Deposit (CD) ratio for banks, focusing instead on ensuring responsible lending practices.

In a special conversation with Business Today TV, Das delved deeper into the country's economic landscape, expressing confidence in India's ability to navigate geopolitical challenges. While acknowledging the ongoing supply chain disruptions and inflationary pressures, he highlighted India's resilience in coping with the evolving global scenario.

Moreover, at the World Economic Forum, Das provided insights into the steady moderation of inflation towards the 4% mark and reiterated the central bank's cautious approach towards rate cuts. As discussions continue on India's economic outlook, Shaktikanta Das remains a key figure in shaping the country's financial policies and strategies.

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Image courtesy of "Livemint"

RBI not discussing rate cuts yet, says Governor Shaktikanta Das | Mint (Livemint)

The Reserve Bank of India has kept rates unchanged for five straight policy meetings, with inflation still above target. Rate cuts will depend on domestic ...

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Image courtesy of "Business Today"

WEF Davos 2024: 'Global recession is unlikely; India moving ... (Business Today)

The Governor said the country's retail inflation is moderating, and this trend of moderation towards 4 per cent will continue.

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Image courtesy of "CNBCTV18"

Exclusive | RBI Governor Shaktikanta Das: 'There is never a dull ... (CNBCTV18)

Reserve Bank of India Governor Shaktikanta Das speaks to CNBC-TV18 at Davos from the annual World Economic Forum, sharing his views on a range of topics, ...

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Image courtesy of "Business Standard"

RBI governor Shaktikanta Das cautions against exuberance in lending (Business Standard)

Das said the central bank had not mandated any number on credit deposit ratio, and neither do they propose to.

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Image courtesy of "CNBCTV18"

RBI has not mandated any number for banks' CD ratio: Gov ... (CNBCTV18)

The Governor added that the RBI was only concerned that there is no exuberance in lending and a mismatch in assets and liabilities that could lead to risk ...

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Image courtesy of "NDTV Profit"

Davos 2024: Shaktikanta Das Expects 7% Real GDP Growth In ... (NDTV Profit)

India will see a real GDP growth of 7% next fiscal, while inflation will continue to moderate closer to the tolerable 4% mark, Reserve Bank of India ...

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Image courtesy of "NDTV"

"Expect Real GDP To Touch 7%": RBI Chief Shaktikanta Das To ... (NDTV)

The Indian economy is expected to touch real GDP growth of seven per cent next year, Reserve Bank of India Governor Shaktikanta Das told NDTV Thursday on ...

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Image courtesy of "The Economic Times"

India far better placed to deal with geopolitical challenges, says ... (The Economic Times)

"Geopolitical flashpoints are continuing, new flashpoints are coming out. Supply chain bottlenecks have not fully normalised. Inflation has been brought ...

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Image courtesy of "Moneycontrol.com"

RBI hasn't mandated number on CD ratio: Governor (Moneycontrol.com)

Das added that CD ratio is one of the aspects to assess the health of a bank and there are several other parameters and you have to look at all in totality.

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Image courtesy of "Moneycontrol.com"

RBI Governor says topic of rate cut not on table at this time, focus to ... (Moneycontrol.com)

Reserve Bank of India Governor Shaktikanta Das further said, inflation has moderated steadily from the high of 7.8 percent after Russia-Ukraine war and it ...

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Image courtesy of "The Indian Express"

Rate cuts not even under discussion: RBI Governor Shaktikanta Das (The Indian Express)

Das said consumer price index (CPI) inflation has moderated from a peak of 7.8 per cent immediately after the onset of the Ukraine-Russia war and has come ...

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Image courtesy of "Times of India"

Rate cuts not on table: RBI governor Shaktikanta Das (Times of India)

India Business News: RBI governor Shaktikanta Das hints that rates will stay high until 4% inflation goal is met; rate cuts are not being considered.

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Image courtesy of "Business Today"

A Very Special & Exclusive Conversation With RBI Governor ... (Business Today)

Siddharth Zarabi, Managing Editor, Business Today TV speaks to Shaktikanta Das, Governor, RBI on the sidelines of the World Economic Forum at Davos.

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Image courtesy of "Business Today"

RBI Governor Shaktikanta Das On How The World Is Seeking The ... (Business Today)

In this exclusive interview at the Davos Brainstorm 2024, join Business Today TV's Managing Editor in a compelling conversation with RBI Governor ...

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Image courtesy of "Business Today"

RBI Governor Shaktikanta Das Explores India's GDP Trajectory and ... (Business Today)

Governor Das sheds light on the anticipated GDP growth for 2024-25, revealing a projected rate of 7%. At the Davos Brainstorm 2024, he emphasizes the resilience ...

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Image courtesy of "Times of India"

RBI Governor Shaktikanta Das says topic of rate cut not on table at ... (Times of India)

RBI Governor Shaktikanta Das has provided a significant indication that interest rates will remain elevated until the central bank achieves its 4% inflation ...

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