RBI Governor Shaktikanta Das Press Conference: MPC Leaves Repo Rate Unchanged; To Normalise CRR In Two Phases
RBI Governor Shaktikanta Das sits for a press conference at the RBI headquarters in Mumai. (Source: PTI)

RBI Governor Shaktikanta Das Press Conference: MPC Leaves Repo Rate Unchanged; To Normalise CRR In Two Phases

Latest First
  • Oldest First

Watch: RBI Governor Addresses Press Conference After MPC Decision

GST Revenues Are Showing Better Collections: Governor Das

  • Good to note that GST revenues have come back and showing better collections
  • Our concern as debt manager of the government is what the government's borrowing programme is
  • We have to see the deviation from glide path in the context of the extraordinary situation the country is going through
  • We have ensured the lowest borrowing cost for the government in the past
  • Will be able to implement the borrowing programme in a non-disruptive manner in the future

Already Doing What An AQR Needs To Do: Governor Das

  • Short of announcing an AQR, doing deep dive about true state of affairs of bad assets at NBFCs
  • Already making assessment of true state of NPAs in each bank, have sense of overall situation

RBI Is Watchful Of Forward Premia, Says RBI Governor

Have taken measures in the past on forward premia when it becomes necessary

First Objective Is To Protect Domestic Market Against Global Spillovers: Michael Patra

  • There is a hunt for yields globally
  • Will ensure orderly function through our market operations

Seeing Growth Of Demand In Almost All Segments, Says RBI Governor

  • Demand has moved beyond ‘pent-up’ phase to actual demand
  • Demand curve is expected to be much more sustained
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.