New RBI guv must keep macro picture in sight
3 months, 3 weeks ago

New RBI guv must keep macro picture in sight

Hindustan Times  

The Reserve Bank of India is one of India’s most illustrious institutions. In 2016, the Centre added another mandate to RBI’s responsibilities, controlling inflation in the economy. India's Press Information Bureau/Handout via REUTERS The change of guard in Mint Street, with Sanjay Malhotra replacing incumbent Shaktikanta Das, comes at a point where the central bank has been steadfastly holding interest rates till inflation aligns itself with the 4% target. That Malhotra is coming from the finance ministry — he was serving as the revenue secretary — has fuelled animated discussion on whether RBI will pivot towards growth from controlling inflation. The speculation is baseless for two reasons: One, it is the Centre that has given the inflation targeting mandate to RBI; and two, repo rates are decided by a collective body that has representation from both RBI and independent economists nominated by the Union finance ministry.

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Poonam Gupta appointed RBI Dy Governor: Statement
5 hours, 38 minutes ago

Poonam Gupta appointed RBI Dy Governor: Statement

Live Mint  

Mumbai, Apr 3 The government has appointed Poonam Gupta, Director General of NCAER, as Deputy Governor of RBI, the central bank said in a statement on Thursday. Currently, Gupta is the Director General of National Council of Applied Economic Research, India's largest economic policy think tank. Gupta taught at the Delhi School of Economics, University of Maryland and as a …

Poonam Gupta: RBI’s new status-quo challenger
7 hours, 11 minutes ago

Poonam Gupta: RBI’s new status-quo challenger

Live Mint  

Poonam Gupta’s appointment as the deputy governor of the Reserve Bank of India could test the status quo on some of the regulator's policies and frameworks. Members of the RBI’s monetary policy committee, which Gupta is expected to join as deputy governor in charge, have in recent meetings, the minutes show, initiated a debate on what the inflation target, currently …

RBI to focus on better customer service and protection, says governor Malhotra
2 days, 8 hours ago

RBI to focus on better customer service and protection, says governor Malhotra

Live Mint  

Mumbai: The Reserve Bank of India will push for wider financial inclusion and enhancing customer service and protection, governor Sanjay Malhotra said on Tuesday. “We shall strive to foster a culture of continuous improvement in customer services and strengthening customer protection,” Malhotra said at an event commemorating 90 years of the central bank. “As we mark this milestone, we recognize …

RBIs endeavor to optimize regulatory framework by balancing financial stability, efficiency: Guv
Trending News
2 days, 12 hours ago

RBIs endeavor to optimize regulatory framework by balancing financial stability, efficiency: Guv

Live Mint  

Mumbai, Apr 1 RBI Governor Sanjay Malhotra on Tuesday underscored the central bank's commitment to bolstering consumer protection, while optimising regulatory frameworks, to strike a balance between financial stability and efficiency. Today, we stand at the confluence of tradition and transformation, where the imperatives of price stability, financial stability and economic growth intersect with rapid technological advancements, global uncertainties, challenges …

Realign policies of RBI to changing economic realities
3 weeks, 4 days ago

Realign policies of RBI to changing economic realities

New Indian Express  

Under the new leadership, the Reserve Bank of India is ‘undoing’ some of the measures taken during the previous regime to allow the banking system to breathe easy. By the time Sanjay Malhotra took the reins of the central bank from Shaktikanta Das in December last year, India’s growth had slowed down to 5.6 percent, and the equity market was …

RBI MPC Minutes: Inflation moderate in near-term, global trade policies pose risk to growth outlook; 5 key highlights
1 month, 1 week ago

RBI MPC Minutes: Inflation moderate in near-term, global trade policies pose risk to growth outlook; 5 key highlights

Live Mint  

The Reserve Bank of India released the minutes of the Monetary Policy Committee meeting on Friday, February 21, highlighting that India's repo rate reduction was an appropriate policy response, with retail inflation moving towards the central bank's four per cent target. In his maiden monetary policy review, RBI Governor Malhotra expressed an optimistic outlook for India’s economic growth, saying the …

RBI pumps in Rs 45 trillion in banking system since December to meet liquidity needs
1 month, 2 weeks ago

RBI pumps in Rs 45 trillion in banking system since December to meet liquidity needs

New Indian Express  

MUMBAI: The Reserve Bank has injected a whopping Rs 45 trillion into the banking system since the December 6 monetary policy review when it slashed the cash reserve ratio by 50 bps to 4%, releasing Rs 1.16 trillion into the system. Of the total, more than Rs 43 trillion of fresh liquidity has flown into the system between December 11 …

RBI in sync with government on growth focus, says Sitharaman
1 month, 3 weeks ago

RBI in sync with government on growth focus, says Sitharaman

The Hindu  

With the Reserve Bank of India following up the Union Budget’s demand stimulus for the slowing economy with a long-awaited interest rate cut, Finance Minister Nirmala Sitharaman said on Saturday that fiscal and monetary policy working in harmony to spur growth impulses, should yield a bigger boost to the economy. The government expected India’s tepid private investment trends to reverse, …

No level for rupee in mind, market forces decides forex rate: RBI Governor
1 month, 3 weeks ago

No level for rupee in mind, market forces decides forex rate: RBI Governor

The Hindu  

Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of the rupee with respect to the U.S. dollar and the central bank is not worried about day-to-day movement of the currency value. Addressing the media after the meeting of Finance Minister Nirmala Sitharaman with the Reserve Bank board, Mr. Malhotra said that the central …

No level for rupee in mind, market forces decides forex rate: RBI Guv
1 month, 3 weeks ago

No level for rupee in mind, market forces decides forex rate: RBI Guv

Live Mint  

New Delhi, Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and the central bank is not worried about day-to-day movement of the currency value. Addressing the media after the meeting of Finance Minister Nirmala Sitharaman with the Reserve Bank board, Malhotra said that the central …

RBI Governor Sanjay Malhotra targets ‘investor-friendly’ India: How will the rate cut impact sluggish growth?
1 month, 3 weeks ago

RBI Governor Sanjay Malhotra targets ‘investor-friendly’ India: How will the rate cut impact sluggish growth?

Live Mint  

The Reserve Bank of India Governor Sanjay Malhotra said on Saturday, February 8, that the central bank aims to make India more investor-friendly, and the rates cuts are set to support growth and consumption in the nation, PTI reported. The Reserve Bank of India on February 7 announced a 25-basis-points rate cut to 6.25 per cent, to fuel the growth …

DC Edit | RBI focuses on growth, takes a calculated risk
1 month, 3 weeks ago

DC Edit | RBI focuses on growth, takes a calculated risk

Deccan Chronicle  

With global uncertainties making India’s growth trajectory unclear, the Reserve Bank of India appears to have concentrated its focus on boosting growth rate under its new governor Sanjay Malhotra. As part of this agenda, the RBI led Monetary Policy Committee slashed repo rate by 25 basis points to 6.25 per cent. Malhotra, who is a career bureaucrat like Shaktikanta Das, …

India can certainly achieve 7% plus growth rate says RBI’s New Governor Sanjay Malhotra
1 month, 3 weeks ago

India can certainly achieve 7% plus growth rate says RBI’s New Governor Sanjay Malhotra

Deccan Chronicle  

Mumbai: The Reserve Bank of India’s new governor Sanjay Malhotra on Friday said that India can achieve a 7 per cent plus growth rate and the country should aspire for it. The six member central bank’s rate setting panel in its bi-monthly monetary policy has pegged India’s FY26 GDP growth at about 6.7 marginally higher than the earlier forecast of …

RBI to delay digital deposit buffer mandate for banks by a year, says governor Sanjay Malhotra
1 month, 3 weeks ago

RBI to delay digital deposit buffer mandate for banks by a year, says governor Sanjay Malhotra

Hindustan Times  

Reserve Bank of India Governor Sanjay Malhotra on Friday said that the implementation of a proposal that mandates lenders to set aside more funds for digitally-linked deposits will be delayed by at least a year to March 2026, news agency Reuters reported. The RBI in July proposed that all banks should set aside an extra 5% ‘run-off-factor’ on digitally accessible …

RBI MPC meeting 2025: RBI projects 6.7% growth for FY’26 on better Rabi harvest, tax relief by govt
1 month, 3 weeks ago

RBI MPC meeting 2025: RBI projects 6.7% growth for FY’26 on better Rabi harvest, tax relief by govt

The Hindu  

Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7%, up from 6.4% estimated for the current fiscal ending March. Healthy Rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26, RBI Governor Sanjay Malhotra said while announcing his first bi-monthly monetary policy for the current fiscal. Finance Minister Nirmala …

RBI MPC 2025: New Governor Sanjay Malhotra Announces Decision In Last Meeting Of FY25, Check Repo Rate Here
1 month, 3 weeks ago

RBI MPC 2025: New Governor Sanjay Malhotra Announces Decision In Last Meeting Of FY25, Check Repo Rate Here

ABP News  

RBI MPC 2025: The Reserve Bank of India ’s Monetary Policy Committee announced its decision on key interest rates on Friday. This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December 2024 following the end of Shaktikanta Das' tenure. The revision in key rates means that the standing deposit …

RBI Policy: What should be investors’ strategy in stock, bond, and currency markets ahead of MPC’s repo rate decision?
1 month, 4 weeks ago

RBI Policy: What should be investors’ strategy in stock, bond, and currency markets ahead of MPC’s repo rate decision?

Live Mint  

The Reserve Bank of India’s Monetary Policy Committee meeting kicked off today, February 5, and it will be the first RBI policy under the new Governor Sanjay Malhotra. While RBI is expected to cut repo rate on January 7, the move, however, seems to be largely priced into the markets, leaving investors to focus on the RBI’s future guidance, particularly …

Finance ministry charts path to $5 trillion by FY29
2 months, 3 weeks ago

Finance ministry charts path to $5 trillion by FY29

Hindustan Times  

Unleashing the productive potential of micro, small and medium enterprises; streamlining regulatory obligations; ensuring land availability at reasonable price; and securing energy needs -- these are some of the measures that will “guarantee” further acceleration of India’s economic growth, according to a note prepared by the Union finance ministry. Last month, the parliamentary standing committee on finance led by senior …

Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra
3 months ago

Consumer, business confidence to drive growth: RBI governor Sanjay Malhotra

Live Mint  

Prospects for the Indian economy are expected to improve in 2025 thanks to high consumer and business confidence, Reserve Bank of India governor Sanjay Malhotra said in his foreword to the Financial Stability Report, which pegged the real GDP growth for the current fiscal year at 6.6%. In the bi-annual report released on Monday, Malhotra said that despite global uncertainties, …

Prospects of economy expected to improve in 2025: RBI Governor
3 months ago

Prospects of economy expected to improve in 2025: RBI Governor

The Hindu  

Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, …

Vivek Kaul: RBI’s new governor will have to confront a tricky old trilemma
3 months, 2 weeks ago

Vivek Kaul: RBI’s new governor will have to confront a tricky old trilemma

Live Mint  

Shaktikanta Das’ tenure as governor of the Reserve Bank of India has come to an end. For companies, lower rates mean lower interest outflows on their existing borrowings and hence higher profits and possibly higher stock prices. For market participants, lower rates mean that retail investors are incentivized to invest more in stocks in search of higher returns, leading to …

Mint Primer: Why it will be a baptism by fire for new RBI Guv
3 months, 2 weeks ago

Mint Primer: Why it will be a baptism by fire for new RBI Guv

Live Mint  

On 11 December, Sanjay Malhotra, a career bureaucrat, took over as the 26th governor of the Reserve Bank of India. The government feels the slowdown is temporary but what should worry the new RBI governor more is the evolving stagflationary scenario—that’s slow growth accompanied by high inflation. Even before its previous meeting earlier this month, the Monetary Policy Committee which …

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?
3 months, 2 weeks ago

Growth slowdown: Why lay a deeper economic malaise at RBI’s door?

Live Mint  

Chapter 16 in the Book of Leviticus, Old Testament, enjoins Aaron to organize sacrifices and expiate the sins of all Israelites. Various ministers, government officials and sundry industry representatives have been hinting at RBI culpability in India’s economic slowdown and have called upon its monetary policy committee to cut rates in support of growth. The debate began with this year’s …

Why RBI is central to the country’s economy
3 months, 2 weeks ago

Why RBI is central to the country’s economy

New Indian Express  

The art of setting interest rates Maintaining macroeconomic stability and financial stability is the holy grail of any central bank. The pursuit of sustainable growth and low and stable inflation have been fundamental to central banking activities since the early 19th century, though financial stability got equal prominence, thanks to black swan events like the Great Depression of 1930s and …

DC Edit | FM, new RBI chief signal cut
3 months, 3 weeks ago

DC Edit | FM, new RBI chief signal cut

Deccan Chronicle  

Finance minister Nirmala Sitharaman’s statement that inflation is a major challenge faced by countries around the world and that no country can solve it alone appears to have set an agenda for new RBI governor Sanjay Malhotra, who took charge a few hours before she made this statement. During the tenure of Shaktikanta Das, the RBI remained squarely focused on …

Sanjay Malhotra Takes Charge As RBI Governor, Pledges To Uphold Stability, Public Welfare
3 months, 3 weeks ago

Sanjay Malhotra Takes Charge As RBI Governor, Pledges To Uphold Stability, Public Welfare

ABP News  

Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India, held his first press conference on Wednesday following his official appointment. Sanjay Malhotra officially took office as the Governor of the Reserve Bank of India today, following the conclusion of Shaktikanta Das' second term on December 10. Before this, Malhotra served as the revenue secretary, and as chairman …

Sanjay Malhotra takes charge as RBI governor, says bank will remain ‘alert and agile’
3 months, 3 weeks ago

Sanjay Malhotra takes charge as RBI governor, says bank will remain ‘alert and agile’

Hindustan Times  

Addressing his maiden press conference, Reserve Bank of India governor Sanjay Malhotra on Wednesday emphasised on the need to remain “alert and agile” to face “challenges.” Sanjay Malhotra, governor of the Reserve Bank of India, during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024.: Malhotra's statement came on a day when he took charge as the head …

New RBI governor Sanjay Malhotra says need to ensure stability, continuity in policy
3 months, 3 weeks ago

New RBI governor Sanjay Malhotra says need to ensure stability, continuity in policy

Live Mint  

Mumbai: The new Reserve Bank of India governor Sanjay Malhotra has started out by emphasizing the need to ensure stability and continuity in policy making, while remaining “alert and agile” amid the current global and political uncertainties. “All businesses, all people, they do need this continuity and stability rather than day-to-day kind of a policy,” Malhotra said at his first …

India’s new central bank governor takes over as economic growth slows and inflation rises
3 months, 3 weeks ago

India’s new central bank governor takes over as economic growth slows and inflation rises

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sanjay Malhotra, a career civil …

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation
Top News
3 months, 3 weeks ago

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation

Firstpost  

Sanjay Malhotra took charge as the 26th Governor of Reserve Bank of India. He assumes the crucial post at a very critical juncture, where growth and inflation balance has ‘unsettled’ as per his predecessor Shaktikanta Das Sanjay Malhotra takes charge as the 26th Governor of Reserve Bank of India. Sanjay Malhotra took charge as the 26th Governor of the Reserve …

Sanjay Malhotra takes charge as RBI Governor
Trending News
3 months, 3 weeks ago

Sanjay Malhotra takes charge as RBI Governor

Deccan Chronicle  

Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India. Malhotra, a career bureaucrat, arrived at the central bank's headquarter this morning, where he was welcomed by senior RBI staffers.The central bank confirmed Malhotra's appointment through a post on the microblogging site "X" and also shared a few pictures.Malhotra, who recently served as the …

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor
Trending News
3 months, 3 weeks ago

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor

ABP News  

Sanjay Malhotra took office as the 26th Governor of the Reserve Bank of India on Wednesday. Malhotra has stepped into the role at a time when India's economy faces slowing growth and persistent inflation, with differing views emerging between the central government and the RBI on the necessity of lowering interest rates. Bond yields dropped, and the rupee weakened after …

India’s new central bank governor takes over as economic growth slows and inflation rises
3 months, 3 weeks ago

India’s new central bank governor takes over as economic growth slows and inflation rises

Associated Press  

NEW DELHI — India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India, succeeding Shaktikanta Das, who retired as central bank governor after an extended six-year term. In a brief statement Wednesday, …

To-do list for RBI’s new boss
3 months, 3 weeks ago

To-do list for RBI’s new boss

Times of India  

It is as the world is weighing what Trumponomics will mean this time around, that Sanjay Malhotra becomes the 26th man to helm India’s central bank. A further context is how RBI’s role is evolving to meet its target to become the model central bank across the Global South. The new governor also takes charge as monetary policy across the …

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today
Top News
3 months, 3 weeks ago

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today

India TV News  

Sanjay Malhotra, a veteran of the Indian Administrative Service officer who served in Rajasthan cadre in the 1990s, is set to assume charge as the 26th Governor of the Reserve Bank of India on Wednesday. Direct transition from north section Malhotra will be the first RBI Governor after Duvvuri Subbarao who moved directly from the North Block, the seat of …

DC Edit | Will RBI tweak inflation focus?
3 months, 3 weeks ago

DC Edit | Will RBI tweak inflation focus?

Deccan Chronicle  

The appointment of Sanjay Malhotra as the new RBI governor continues the long-standing tradition of IAS officers heading the Central bank, a quasi-autonomous body that decides the country’s monetary policy. Mr Malhotra took over the charge of RBI from Shaktikanta Das — the second longest serving governor after Sir Benegal Rama Rau’s stint of seven years and 197 days — …

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?
3 months, 3 weeks ago

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?

India Today  

Sanjay Malhotra took charge as the 26th RBI Reserve Bank of India, beginning his three-year tenure on Wednesday, as he steps into a crucial role with several pressing challenges ahead. "The new RBI governor, Sanjay Malhotra, has several challenges ahead in his tenure, particularly those related to inflation and India’s economic growth," said VLA Ambala, Co-Founder of Stock Market Today. …

New Challenges for New RBI Governor
3 months, 3 weeks ago

New Challenges for New RBI Governor

Deccan Chronicle  

The new year 2025 is going to see a new and very different MPC composition with three newly appointed external MPC members in October 2024, being now joined by the new governor and possibly a new deputy governor in January 2025 with deputy governor Michael Patra's tenure getting over. Entrenched state of India's stagflation, tricky timings and small window of …

Restoring inflation-growth balance key task for new Governor: Das
3 months, 3 weeks ago

Restoring inflation-growth balance key task for new Governor: Das

Live Mint  

Mumbai: Restoring the growth-inflation balance will be the most important task ahead for the new Reserve Bank of India Governor Sanjay Malhotra as he takes charge on Wednesday, said the outgoing Governor Shaktikanta Das. “I think restoring the inflation-growth balance is the most important task ahead of the Reserve Bank, and I am sure the Team RBI, under the leadership …

Shaktikanta Das lists out tasks for new RBI Governor
Trending News
3 months, 3 weeks ago

Shaktikanta Das lists out tasks for new RBI Governor

Deccan Chronicle  

Mumbai: The outgoing Reserve Bank of India governor Shaktikanta Das on Tuesday said that “restoring inflation-growth balance” is the most important task ahead of the central bank. “So far as the Reserve Bank is concerned, I think restoring the inflation growth balance is the most important task ahead of the Reserve Bank, and I am sure the team RBI, under …

Why Shaktikanta Das was rated among world’s top central bankers, 6 big feats in 6 years
3 months, 3 weeks ago

Why Shaktikanta Das was rated among world’s top central bankers, 6 big feats in 6 years

Firstpost  

Shaktikanta Das’s tenure as RBI governor ended today. Das also hoped that Malhotra would carry forward RBI initiatives such as the Central Bank Digital Currency and unified lending interface and promote financial inclusion. ‘RBI, Finance Ministry perspectives can differ at times’ Das said that during his tenure as the RBI governor, there was a productive and cooperative relationship between India’s …

Sanjay Malhotra to command last leg of RBI’s war on inflation
3 months, 3 weeks ago

Sanjay Malhotra to command last leg of RBI’s war on inflation

Hindustan Times  

New Delhi: The war on inflation has a new general leading the charge, as India’s top revenue officer Sanjay Malhotra moves from North Block to Mint Road. Malhotra, who currently oversees the Centre’s direct and indirect tax administration, will serve for three years beginning Tuesday, the appointments committee comprising Prime Minister Narendra Modi and home minister Amit Shah said. Like …

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra
3 months, 3 weeks ago

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra

The Hindu  

Revenue Secretary Sanjay Malhotra on Tuesday said he will work to understand all perspectives and do what is best for the economy after he takes charge as the RBI Governor on December 11. Responding to reporters' queries outside the Finance Ministry, Mr. Malhotra said, "One has to understand the turf, all perspectives and do what's best for the economy." Mr. …

3 big challenges Sanjay Malhotra will face as RBI governor
3 months, 3 weeks ago

3 big challenges Sanjay Malhotra will face as RBI governor

Firstpost  

Revenue Secretary Sanjay Malhotra is all set to succeed Shaktikanta Das as the Reserve Bank of India governor. As Malhotra begins his three-year tenure begins tomorrow, a look at three big challenges that he will face as India’s central bank head Sanjay Malhotra will assume charge as the 26th governor of the Reserve Bank of India. Challenges before Sanjay Malhotra …

From North Block to Mint Street: Sanjay Malhotra has his task cut out as RBI’s next governor
3 months, 3 weeks ago

From North Block to Mint Street: Sanjay Malhotra has his task cut out as RBI’s next governor

Live Mint  

On Monday, we finally got the news that every Indian with even a passing interest in the economy had been waiting for. Ending weeks of speculation over whether Shaktikanta Das would be given an extension of an already extended term, the government announced that revenue secretary Sanjay Malhotra will take over as the next governor of the Reserve Bank of …

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra
Top News
3 months, 3 weeks ago

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra

India Today  

Outgoing Reserve Bank of India Governor Shaktikanta Das shared his thoughts on his successor, Sanjay Malhotra, during a press conference held on his final day in office. Shaktikanta Das spoke highly of Sanjay Malhotra, who is set to take over as the new RBI Governor for a three-year term, effective Wednesday, December 11. COORDINATION WITH THE FINANCE MINISTRY Shaktikanta Das …

Shaktikanta Das: Six major policy decisions in six years as RBI Governor
3 months, 3 weeks ago

Shaktikanta Das: Six major policy decisions in six years as RBI Governor

India TV News  

Outgoing Reserve Bank of India Governor Shakti Kant Das has guided the country’s monetary policy through turbulent times during his six-year tenure. The central bank also announced a monetary policy including a Targeted Long-Term Repo Operations of Rs 1 lakh crore aimed at supporting critical sectors like MSMEs and NBFCs. Indian digital currency revolution Under Das’s leadership, India made significant …

Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for
3 months, 3 weeks ago

Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for

India Today  

Sanjay Malhotra, the new Reserve Bank of India Governor, assumes charge at a time when economic challenges demand fresh perspectives. Analysts at Nomura anticipate a rate cut at the February Monetary Policy Committee meeting, possibly by 25 basis points, with further cuts totalling 100 basis points by the end of 2025. Macroprudential policies: Encouraging bank credit growth Malhotra’s background in …

Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor
3 months, 3 weeks ago

Immensely grateful: Shaktikanta Das thanks PM Modi on last day as RBI Governor

India Today  

Shaktikanta Das, the outgoing Governor of the Reserve Bank of India, expressed gratitude to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, and the central bank team on his last day in office. Das also highlighted his working relationship with Sitharaman, and said, “The fiscal-monetary coordination was at its best and helped us deal with the multiple challenges during the …

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