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The RBI's MPC would continue to hike interest rates to quell inflationary pressures but it would be premature to say that the repo rate would be hiked to pre-Covid levels: #RBI governor #ShaktikantaDas.

Read at
https://www.moneycontrol.com/news/business/rbi-governor-interview-expectation-of-a-rate-hike-is-a-no-brainer-says-shaktikanta-das-8559281.html?utm_source=telegram&utm_medium=social
#ICYMI | The RBI's MPC would continue to hike interest rates to quell inflationary pressures but it would be premature to say that the repo rate would be hiked to pre-Covid levels: #RBI governor #ShaktikantaDas.

Read at
https://moneycontrol.com/news/business/rbi-governor-interview-expectation-of-a-rate-hike-is-a-no-brainer-says-shaktikanta-das-8559281.html?utm_source=telegram&utm_medium=social
RBI Gov #ShaktikantaDas said the #CentralBank will soon release a discussion paper seeking industry opinion on whether banks should follow the #ECL model for #loan loss provisions, instead of the incurred loss model.

Read more 👇
https://bit.ly/3E5mrOV
#RBI Governor #ShaktikantaDas said that it has decided to merge the 28-day variable rate reverse repo auctions with the fortnightly 14-day main auctions, depending upon the evolving liquidity conditions.

Read more 👇
https://bit.ly/3SrJGHh
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#RBI governor #ShaktikantaDas clarified the key differences between the #CBDC & UPI, saying e-rupee transactions will not have any intermediary, unlike #UPI transactions.

Watch him explaining the difference between the two in simple terms!
#RBI #MonetaryPolicy2023 Live updates: Will it be a pause or a 25 basis points hike? All eyes will be on RBI Governor #ShaktikantaDas when he unveils the outcome of the crucial monetary policy review.

🔴Get all live updates 👇
https://bit.ly/3li7JNc
#RBI Governor #ShaktikantaDas will unveil the first #MonetaryPolicy of the new financial year on April 6, after a two-day review.

Will the US #BankingCrisis cast its shadow over RBI’s first fiscal #MPC?

Key indicators to watch 👇
https://bit.ly/40W4BpE
RBI Governor #ShaktikantaDas announced a centralised web portal for the public to search unclaimed deposits. It will be ready in 3–4 months.

All the details 👇

https://bit.ly/3UfUQ3I
#MCExplains | RBI Governor #ShaktikantaDas said they expect most of the #Rs2000Notes to return to the #banking system by September 30.

But what do #banks or the central bank do with these soiled or not-in-use notes? 🤔

Here's an explainer 👇
https://bit.ly/3ow4zHA
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#RBI Governor #ShaktikantaDas keeps the Repo Rate unchanged for the sixth consecutive time!