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Reserve Bank of India (RBI) Governor Shaktikanta Das says that the common man should understand the RBI and its work. In an exclusive interview with NDTV Editor-in-Chief Sanjay Pugalia, Shaktikanta Das spoke in detail on various issues including the Indian economy, inflation rate, GDP growth rate, use of AI in the banking system and cyber…
Banks have to be proactive in dealing with liquidity management because the persistent gap between credit and deposit growth could become a challenge, leading to liquidity issues, Reserve Bank of India Governor Shaktikanta Das told NDTV Profit in an exclusive interview on Tuesday. Das asked banks to maintain a balance between credit and deposit growth….
“Nearly 50% of a household’s spending is toward food, future data will determine where rates will move. We have confidence that inflation will fall and come around 4%, but for this year, average CPI inflation rate is 4.5%, There are a lot of uncertainities to account for right now.” Source link [ad_3]