Former RBI Governor appointed Principal Secretary-II to PM
Dr P K Mishra is the Principal Secretary-I to the Prime Minister.
Dr P K Mishra is the Principal Secretary-I to the Prime Minister.
Reserve Bank of India Governor Shaktikanta Das was admitted to a private hospital in Chennai late on Monday night after he complained of uneasiness. According to the hospital, his condition now is stable and there is no cause for concern.
Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday emphasised the critical role of fiscal-monetary coordination in navigating India through a series of external economic shocks.
Reserve Bank of India (RBI) Governor Shaktikanta Das Monday said the central banks must remain vigilant, adaptable, continuously assess risks and build resilience.
Governor Shaktikanta Das said the move would prevent the wrong credits and fraud, in case of the payments made through RTGS and NEFT.
Further, the governor said that India's exports in March, April and May this year have seen an upswing, which is evident of the sector's potential.
The decision was taken at the 589th meeting of the Central Board under the chairmanship of RBI Governor Shaktikanta Das, through video conference.
The loans would be for tenors of up to three years, said the RBI Governor Shaktikanta Das during a virtual address.
Das on Thursday said the RBI continues its work on a digital version of a fiat currency and is currently "assessing the financial stability implications of introducing such a Central Bank Digital Currency (CBDC)".
Speaking at the India Economic Conclave, Das said that now the world knows the dangers of the Covid-19 pandemic and it is not as in the case of 2020 when there was complete uncertainty.
