Reserve Bank of India (RBI)

The Reserve Bank of India released the 43rd Half Yearly Report on Management of Foreign Exchange Reserves April - September 2024, today. The Press Release can be accessed at : https://lnkd.in/dp_EARP9

Governor Shri Shaktikanta Das received the award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year. Presented by Global Finance at an event held on October 26,2024 in Washington DC, USA. #GFmag #RBI #ShaktikantaDas #GlobalFinance #CentralBanking

Governor Shri Shaktikanta Das spoke at the Macro Week 2024 organised by the Peterson Institute of International Economics, Washington D.C. on October 25, 2024. The full text of the speech can be accessed at https://lnkd.in/d2gShqp6 #PIIE #RBI #RBIGovernor #RBItoday

The Reserve Bank of India, released the minutes of the Monetary Policy Committee Meeting, October 7 to 9, 2024. The Press Release can be accessed at : https://lnkd.in/dPEyM2x7

The Reserve Bank has released the October 2024 issue of its monthly Bulletin on October 21. The Bulletin includes Monetary Policy Statement (October 7-9) 2024-2025, six speeches, seven articles, and current statistics. The seven articles are: I. State of the Economy; II. Monetary Policy Transmission in India: The Recent Experience; III. Nowcasting Food Inflation in India: Leveraging Price and Non-Price Signals through Machine Learning; IV. How Indian Banks are Adopting Artificial Intelligence?; V. COVID-19 and Performance of MSME Clusters in India; VI. Cash Usage Indicator for India; and VII. New Digital Economy and the Paradox of Productivity. The views expressed in the Bulletin articles are of the authors and do not represent the views of the Reserve Bank of India. The Press Release can be accessed at : https://lnkd.in/dhU6nTFr

Reserve Bank of India Deputy Governor Shri Michael Debabrata Patra delivered an inaugural address titled 'Recalibrating from Divergence to Convergence: The Indian Experience' on October 21, 2024 at the New York Fed Central Banking Seminar organised by the Federal Reserve Bank, New York, USA. The speech can be accessed at : https://lnkd.in/dUkBFWax

The Reserve Bank of India, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, issued Directions to the following NBFCs to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024: i. Asirvad Micro Finance Limited ii. Arohan Financial Services Limited iii. DMI Finance Private Limited iv. Navi Finserv Limited These directions have been conveyed to the concerned NBFCs through detailed supervisory orders issued by the RBI on October 17, 2024. The Press Release can be accessed at https://lnkd.in/gnF6CAgB

Coming up: Fireside chat with Governor Shri Shaktikanta Das, at the India Credit Forum hosted by Bloomberg on October 18, 2024, at 4 PM Watch Live on RBI YouTube Channel at https://lnkd.in/dsBxMceC #RBI #rbitoday #rbigovernor #shaktikantadas #reservebankofindia

Reserve Bank of India Deputy Governor Shri Swaminathan J delivered a keynote address titled 'Central Banks and Financial Stability' on October 14, 2024 at the RBI@90 High Level Conference on “Central banking at Cross Roads” in New Delhi. To full speech can be accessed at : https://lnkd.in/dZkGWNQt The Press Release can be accessed at : https://lnkd.in/dhke-y6n

Reserve Bank of India Deputy Governor Shri Michael Debabrata Patra delivered a keynote address titled 'Assessing Inflation Targeting' on October 14, 2024 - at the High Level Conference “Central Banking at Crossroads” organised by the Reserve Bank of India as apart of commemoration of its 90th year at New Delhi. To full speech can be accessed at : https://lnkd.in/dRqHCgtv The Press Release can be accessed at : https://lnkd.in/dwW3S4s3