Cryptocurrencies akin to Ponzi schemes, says RBI Deputy Governor Last week, RBI Governor Shaktikanta Das also delivered a stark warning against investing in cryptocurrencies The Hindu · Feb 14, 2022
In current times, monetary and fiscal policies cannot be a 'question of either or': Shaktikanta Das MUMBAI: Defending the long pause in interest rate hike and the continuing accommodative stance, Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said in current times, "monetary and fiscal policies cannot be a question of either or, but must go in tandem with each other". The Times of India · Feb 10, 2022
Cautiously progressing to introduce digital currency; do not want to rush it: RBI governor MUMBAI: Days after the government said the Reserve Bank will introduce a digital currency in 2022-23, governor Shaktikanta Das on Thursday said the central bank does not want to rush and is carefully examining all aspects before introduction of the Central Bank Digital Currency (CBDC). The Times of India · Feb 10, 2022
Warning Indians against cryptocurrencies, RBI chief says tulips have more value NEW DELHI: A week after budget 2022-23 proposed 30 per cent tax on gains made from cryptocurrency trades, Reserve Bank of India (RBI) governor Shaktikanta Das termed it as a "threat to macroeconomic and financial stability". The Times of India · Feb 10, 2022
RBI projects retail inflation at 4.5% in FY23 MUMBAI: The Reserve Bank of India on Thursday said inflation based on consumer price index (CPI) is expected to come well below its upper tolerance level, at 4.5 per cent, in the next fiscal year beginning April 2022, helped by better fresh crop arrivals, supply-side interventions, as well as prospects… The Times of India · Feb 10, 2022
RBI keeps repo rate unchanged at 4%; maintains accommodative stance NEW DELHI: The Reserve Bank of India's (RBI) monetary policy committee (MPC) on Wednesday unanimously decided to keep repo rate unchanged at 4 per cent for the tenth consecutive time and continued with the accommodative stance. The Times of India · Feb 10, 2022