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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 […]
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Citizenship (Amendment) Act, 2019 in a nutshell

The Minister of Home Affairs introduced the Citizenship (Amendment) Bill, 2019 today in Lok Sabha. It is scheduled to be taken up for discussion and passing by the House later today. The Bill amends the Citizenship Act, 1955, and seeks to make foreign illegal migrants of certain religious communities coming from Afghanistan, Bangladesh, and Pakistan […]