Reserve Bank Governor Shaktikanta Das 
Money

RBI Governor pitches for expeditious completion of quota review at IMF

Reserve Bank Governor Shaktikanta Das on Friday pitched for the "expeditious completion" of the general review of quotas at the International Monetary Fund (IMF), pointing out that the same can help the body help distressed countries better.

Mumbai | Reserve Bank Governor Shaktikanta Das on Friday pitched for the "expeditious completion" of the general review of quotas at the International Monetary Fund (IMF), pointing out that the same can help the body help distressed countries better.

Speaking at a seminar on global economy organised by the Ministry of Finance and the Reserve Bank of India (RBI) here, Das said recent experience suggests countries facing financial difficulties go to other bodies beyond the IMF because of "perceived stigma" or lack of access.

"A bigger and stronger IMF that is capable of managing the levels of country risks assumes crucial importance," Das said.

US President Trump rushed out of dinner event after shots fired; one arrested

Iran's foreign minister returns to Pakistan amid uncertainty over 2nd round of peace talks with US

Court can reject anticipatory bail but cannot direct accused to surrender: SC

Historic milestone: PM Modi on fast breeder reactor at Kalpakkam achieving criticality

BJP state chief alleges govt negligence behind snakebite deaths in Kerala