Tag: Shaktikanta Das

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digital currencies: Biggest potential for CBDC will be cross-border money transfer

digital currencies: Biggest potential for CBDC will be cross-border money transfer

Kolkata: India's central bank governor Shaktikanta Das has backed the role of legal digital currencies in fostering trade beyond national frontiers, u [...]
India’s CBDC Has 5M Users, Can be Phased in Gradually: RBI Governor Shaktikanta Das

India’s CBDC Has 5M Users, Can be Phased in Gradually: RBI Governor Shaktikanta Das

"Actual introduction of CBDC can be phased in gradually," Das said. "It is important to emphasize that there should not be in any rush to roll out sys [...]
forex reserves: India’s forex reserves touch a fresh high of $674.9 bn as of Aug 2

forex reserves: India’s forex reserves touch a fresh high of $674.9 bn as of Aug 2

The Reserve Bank of Indias’ foreign exchange reserves touched a fresh high of $674.9 billion in the week ended 2nd August, central bank data showed.Th [...]
forex reserves: RBI MPC: India’s forex reserves rise to record high of $651.5 bn as of May 31

forex reserves: RBI MPC: India’s forex reserves rise to record high of $651.5 bn as of May 31

India’s forex reserves rose to a record high of $651.5 billion as of May 31, the Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Fri [...]
Mint Explainer: Illegal forex trading platforms and the RBI’s warning

Mint Explainer: Illegal forex trading platforms and the RBI’s warning

Reserve Bank of India (RBI) governor Shaktikanta Das has recently raised concerns over unauthorized forex trading platform [...]
India’s forex reserves hit record high at $645.58 billion for week ending on March 29

India’s forex reserves hit record high at $645.58 billion for week ending on March 29

The Reserve Bank of India’s foreign exchange reserves touched a new record high of $645.58 billion in the week ended March 29, topping the previous hi [...]
India’s forex reserves up $1.6 bn to $618.94 bn as of Jan 12

India’s forex reserves up $1.6 bn to $618.94 bn as of Jan 12

India's foreign exchange reserves saw a mild uptick of $1.6 billion to $618.94 billion as of January 12, 2024, the Reserve Bank of India said on Frida [...]
Forex to OMOs, what RBI Governor said after MPC meet | Business News

Forex to OMOs, what RBI Governor said after MPC meet | Business News

NewsBusinessEconomyForex to OMOs, what RBI Governor said after MPC meet He said the current account deficit (CAD) is expecte [...]
Forex kitty back at $600bn, NRIs remit $107bn in FY23

Forex kitty back at $600bn, NRIs remit $107bn in FY23

MUMBAI: The country's foreign exchange reserves have again crossed the $600-billion mark with the exchange rate stabilising and record remittance flow [...]
India Seeks to Deepen Forex Markets With Onshore NDFs

India Seeks to Deepen Forex Markets With Onshore NDFs

India announced steps to deepen its foreign exchange market by allowing local residents trade currency derivatives contracts popular in the offshore m [...]
india economy: Forex reserves are for rainy days, RBI didn’t just pick them up to keep as showpiece: Shaktikanta Das

india economy: Forex reserves are for rainy days, RBI didn’t just pick them up to keep as showpiece: Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das said that India's strong economic fundamentals and stable financial sector will make it the fastest gro [...]
india economy: Forex reserves are for rainy days, RBI didn’t just pick them up to keep as showpiece: Shaktikanta Das

india economy: Forex reserves are for rainy days, RBI didn’t just pick them up to keep as showpiece: Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das said that India's strong economic fundamentals and stable financial sector will make it the fastest gro [...]
RBI Monetary Policy LIVE Updates: RBI Governor Shaktikanta Das says expecting inflation to come down close to the target of 4% over a two-year period

RBI Monetary Policy LIVE Updates: RBI Governor Shaktikanta Das says expecting inflation to come down close to the target of 4% over a two-year period

RBI MPC Meet LIVE Updates: Shaktikanta Das in post monetary policy press conference said that RBI is expecting inflation to come down close to the tar [...]
RBI Allows Standalone Primary Dealers To Offer All Forex Market-Making Facilities

RBI Allows Standalone Primary Dealers To Offer All Forex Market-Making Facilities

Last Updated: August 05, 2022, 11:18 ISTRBI Governor Shaktikanta Das said standalone primary dealers have played an important role in the development [...]
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