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Transmission of rate cuts to improve further; credit growth momentum gathering pace: RBI chief

Reserve Bank Governor Shaktikanta Das on Saturday said momentum is gathering pace on credit growth and expressed hope that transmission of rate cuts will improve further in the coming days His comments come against the backdrop of concerns over growth of the economy, which has also registered spike in inflation and slowdown in industrial production […]
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Government is maintaining “fiscal prudence”, says RBI governor Shaktikanta Das

Amid concerns over economic slowdown, RBI chief Shaktikanta Das on Saturday said credit growth momentum is picking up and ruled out any possible spike in inflation due to Budget proposals as the government is maintaining “fiscal prudence” After the first meeting of the RBI board post 2020-21 Budget presentation, Das also expressed hope that transmission […]