Shaktikanta Das
RBI report details Covid contingency measures
Central bank reorganised staff and processes at “unprecedented scale and speed”
RBI continues with gradual monetary tightening
Governor notes continued progress on inflation but core index remains “sticky”
RBI’s Das calls for more work on financial market development
Development has proceeded at “unprecedented pace” despite series of crises, governor says
RBI strategy targets global rupee use
Central bank aims for wider use of Indian payment technology and spread of national currency
RBI raises rate 35bp to ‘break’ inflation persistence
Committee splits as it tries to balance inflation fight against continued growth
Das outlines RBI’s post-Covid research reforms
Central bank has adopted “full information” system to capture economic dynamics
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers in the past three months
RBI hikes at unscheduled monetary policy meeting
India joins race to tighten policy, amid “vortex” of economic forces
RBI bolsters liquidity framework with standing facility
New deposit facility will play a role in both monetary and financial stability
Reserve Bank of India launches innovation hub
Central bank subsidiary tasked with “accelerating innovation” across the financial sector
Governor salaries range as high as $1 million
Base pay tends to rise with GDP per capita, but there is wide variation, benchmark data shows
RBI’s Patra highlights value of bold crisis communications
Central bank usually avoids the “glare of the limelight” but Covid demanded rethink, says Michael Patra
RBI flags ‘emerging signs of stress’ in small firms
Stress tests indicate rise in Indian non-performing assets likely in coming months
Indian government reappoints Das as governor
Das gets new three-year term, as economy rebounds from Covid shock
RBI promises policy support ‘as long as necessary’ despite inflation surge
Inflation breaches tolerance band but governor says economy now “in a much better position”
RBI scales back predictions of rise in stressed assets
Indian central bank says policy support has helped curb rise in non-performing assets
RBI doubles size of quantitative easing programme
Central bank readies additional 1.2 trillion rupee purchase programme as virus “dents” demand
RBI set to launch second round of asset purchases
Indian central bank seeks to curb borrowing costs amid severe Covid-19 outbreak
RBI steps in with liquidity amid worsening Covid outbreak
Central bank “stands in battle readiness”, governor says, as virus death toll climbs
RBI’s Das: pandemic improved India’s external balance
Boom in software business helped shore up current account and boost RBI reserves, governor says
RBI launches fresh bid to reform co-operative banks
Former deputy brought in to investigate measures to strengthen the troubled sector
RBI offers bond accounts to retail investors
Central bank to sell debt directly to public, as recent auctions show signs of strain
RBI tells banks to prepare for delayed impact of Covid-19
Banks have avoided worst of the pandemic, but they must now raise capital, central bank says
RBI’s training college for supervisors goes fully operational
Governor aims to build class of professional supervisors, as Indian banking sector remains fragile