sanjay malhotra

Mumbai, April 10 The Reserve Bank of India (RBI) will conduct a Variable Rate Reverse Repo (VRRR) auction worth Rs 2 lakh crore seven days from Friday."In view of the current surplus liquidity conditions, it has been decided to conduct a VRRR auction on Friday," the central bank said in a...

Mumbai, April 8 The rupee appreciated by 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral stance.Forex...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news," which was taken into account while making the policy decision hours later."At 5:30 am, we received some pleasant news, perhaps not entirely unexpected," Malhotra...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra announced on Wednesday that the monetary authority will be introducing a new framework for non-bank lenders in the wake of uncertainty surrounding Tata Sons' listing issue."We are coming up with a new framework for NBFCs. We should be doing...

Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

Mumbai, April 8 The Reserve Bank on Wednesday projected India's GDP growth for the current financial year at 6.9 per cent, lower than the 7.6 per cent estimated for 2025-26, amid elevated commodity prices and supply chain disruptions originating from the West Asia crisis.Unveiling the first...

April 08, New Delhi: The Reserve Bank of India announced its latest monetary policy decision on Wednesday. The Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, has maintained the repo rate at 5.25 percent, while maintaining a "neutral" policy stance.This decision comes amid...

The Reserve Bank of India has maintained interest rates at 5.25 percent. Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra stated that the Monetary Policy Committee has unanimously decided to keep the repo rate at 5.25 percent with a neutral...

Mumbai, April 8 In an effort to promote ease of doing business, Reserve Bank Governor Sanjay Malhotra proposed on Wednesday to revise and rationalize guidelines to facilitate better utilization of bank board time, and draft directions in this regard would be released shortly.The matters to be...

Mumbai, April 8 The Reserve Bank projected retail inflation for the current fiscal year at 4.6 per cent, well within the government-mandated inflation target range of 4 per cent with a tolerance band of +/- 2 per cent.Before the outbreak of the West Asia conflict, India's macroeconomic...

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...

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...

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...

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...

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...

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...

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...

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...