Indiatimes · 2d
RBI Governor Sanjay Malhotra relieves banks' anxiety as new norms delayed at least till FY26
Governor Sanjay Malhotra assured that new RBI norms on liquidity coverage ratio, project finance provisioning, and expected credit loss will be implemented in phases by March 2026. He emphasized the importance of a smooth transition to avoid disruptions and balance public interests with banking sector concerns.
devdiscourse · 1d
RBI Governor Malhotra: Market Forces Shape Rupee Value
Reserve Bank Governor Sanjay Malhotra emphasized market dynamics dictate the rupee's value against the US dollar. The RBI focuses on medium to long-term stability rather than daily fluctuations. The recent rate cut aligns with growth projections,
Outlook Business · 2d
RBI MPC Meeting: Governor Sanjay Malhotra Announces 25bps Rate Cut, First in 5 Years
The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced to lower the repo rate by 25 basis points to 6.25% on Friday, February 7, 2025. The central bank commenced its three-day meeting on Wednesday, February 5. In the previous MPC meeting in December 2024, the RBI had maintained the status quo keeping the key interest rate at 6.5%.
Market forces determining rupee depreciation, RBI watchful of liquidity management, inflation, repo rate cut's aim to boost ...
Newly appointed Reserve Bank Governor Sanjay Malhotra praised the FY26 Union Budget for fostering economic growth and ...
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