‘RBI supervision is much sharper today than what it was earlier.’ IMAGE: Shaktikanta Das leaves the Reserve Bank of India after two terms as governor. Photographs: ANI Photo Outgoing Reserve Bank of India Governor Shaktikanta Das spoke of how
‘Challenge is basically near-term growth as the outlook has turned a bit adverse.’ IMAGE: Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 54th GST Council Meeting at the Sushma Swaraj Bhavan in New Delhi, December 9, 2024.
To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds. The RBI on May 4,
