Tag: sanjay malhotra
RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlook
Mumbai: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25% in the fourth consecutive policy review meeting, while marginally…
RBI proposes new rules to standardise how lenders set interest rates
The Reserve Bank of India (RBI) proposes to rationalise the regulatory framework on setting interest rates for all regulated entities (REs) on a principle-based basis….
RBI planning to put polymer bank notes in circulation from next financial year
Kolkata: The Reserve Bank of India is planning to introduce polymer bank notes in circulation from the beginning of the next financial year, Governor Sanjay…
Will FCNR (B) deposit scheme that’s bringing billions of dollars to India end? RBI Governor says this
The Reserve Bank of India (RBI) has no plans to prematurely wind up its special Foreign Currency Non-Resident (Bank), or FCNR(B), deposit scheme that has…
Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record
India’s efforts to attract foreign capital have drawn in $32 billion so far, RBI Governor Sanjay Malhotra said in a media interview, with the bulk…
Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay Malhotra
MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra said risks from the West Asia conflict and the likelihood of a weak monsoon could weigh…
Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra
India’s inflation remains elevated, with ongoing tensions in the Middle East and prospects of a weak monsoon season seen as key risks for the economy,…
RBI faces $100 billion challenge after record currency defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now…
India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth
India is unlikely to raise its official inflation target and there may be a case for lowering it over the long term, Reserve Bank of…
RBI’s Malhotra says rate hike talk is premature, stays in wait-and-watch mode
New Delhi: Reserve Bank Governor Sanjay Malhotra has said the central bank is closely monitoring developments in West Asia and that it would be premature…