sanjay malhotra

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    RBI Board Reviews Economic Outlook Amid Global Uncertainty

    Mumbai, March 20 The RBI's central board assessed the emerging global and domestic economic scenario on Friday, including evolving geopolitical developments and their impact on financial markets, along with associated challenges.The 622nd meeting of the Central Board of Directors of the...
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    Inflation Target Review Underway Amidst CPI Changes

    New Delhi, February 23 Reserve Bank of India Governor Sanjay Malhotra said on Monday that the new CPI inflation series based on 2024 prices will better reflect Indian households' consumption patterns and reduce volatility.In both ways, it will help in better CPI estimation, he said at a media...
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    India Reschedules Trade Talks with US Amid Tariff Uncertainty

    New Delhi, February 23 Finance Minister Nirmala Sitharaman said on Monday that it is too early to comment on the tariff changes announced by the United States, and the Commerce Ministry is reviewing the situation.On Friday, the US Supreme Court ruled against the sweeping import tariffs imposed...
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    Bank Fraud Investigation: IDFC First Bank Addresses Rs 590 Crore Discrepancy

    New Delhi, February 23 Reserve Bank Governor Sanjay Malhotra said on Monday that the central bank is monitoring the developments surrounding the alleged fraud of Rs 590 crore at IDFC First Bank, and assured that it was not a "systemic issue".The private sector IDFC First Bank had on Sunday...
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    Finance Minister Calls for Customer-Centric Banking, Focus on Loans and Deposits

    New Delhi, Feb 23 – Finance Minister Nirmala Sitharaman on Monday strongly criticized banks for mis-selling financial products, including insurance, to customers, urging them to focus on their core business instead."Banks should concentrate on their core business...My main concern has always...
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    Sitharaman: Too Early to Assess US Tariffs Impact

    February 23, New Delhi – Union Finance Minister Nirmala Sitharaman addressed the Central Board of Directors of the Reserve Bank of India, along with Minister of State for Finance M. P. Chaudhary and Reserve Bank Of India (RBI) Governor Sanjay Malhotra, at the customary post-Budget meeting in New...
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    Rising Gold Prices: RBI and Government Monitoring Imports

    New Delhi, February 23 Finance Minister Nirmala Sitharaman on Monday attributed the rising gold prices to heavy purchases by central banks globally, and said the government and RBI are closely monitoring the imports of precious metals, although they are not at an "alarming proportion".During...
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    Haryana Government Fraud at IDFC First Bank Under Review

    New Delhi, February 23 The RBI is monitoring the developments surrounding the Rs 590 crore fraud at IDFC First Bank, and there is no systemic issue, Governor Sanjay Malhotra said on Monday.IDFC First Bank had disclosed on Sunday that certain employees and others at a particular branch in...
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    MSME Credit Access: RBI Governor Highlights Key Policy Focus

    Mumbai, February 16 RBI Governor Sanjay Malhotra said that improving access to timely and adequate formal credit for MSMEs remains a key policy priority of the central bank.As part of the Reserve Bank of India's continued engagement with stakeholders, the governor held a meeting with select...
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