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India Infoline News Service / 17:28, Oct 08, 2021
While there has been no changes in any of the benchmark rates whatsoever, the central bank has indicated its willingness to make a ‘gradual’ adjustment to the excess liquidity in the monetary system which currently stands at over Rs 9 Lakh Cr.
India Infoline News Service / 13:53, Oct 08, 2021
Over this period, the Reserve Bank has taken more than 100 measures to proactively and decisively respond to the unprecedented crisis.
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Shaktikanta Das is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre. Currently serving as the 25th governor of the Reserve Bank of India (RBI), he was earlier a member of the Fifteenth Finance Commission of India and India's Sherpa to the G20. During his career as an IAS officer, Das served in various capacities for Indian and Tamil Nadu governments, including as Economic Affairs Secretary of India, Revenue Secretary of India, Fertilizers Secretary of India.
Through this initiative, IIFL strives to provide essential details on RBI's monetary policy, repo rates, policy rates, bank rates, credit policies, interest rates, latest RBI policy announcements, RBI guidelines, and various other aspects. We will also provide readers with other insightful information such as RBI governor’s comments and sneak-peek into the history of all RBI governors and of course our research view before and after every monetary policy.