Rbi Governor

Malhotra chairs his first RBI board meet; acknowledges Das' contributions

The central board of directors of the RBI reviewed the global and domestic economic situation and outlook and discussed the activities of select central office departments

MPC minutes: Das urges focus on restoring inflation-growth balance

Policy priority should be on restoring the inflation-growth balance, said Shaktikanta Das, former Reserve Bank governor, while voting for a status quo on the short-term lending rate earlier this month. Das, and three other members of the rate-setting panel -- Monetary Policy Committee -- voted in favour of keeping the repo rate at 6.25 per cent, while the other two members favoured reduction in the rate. In its December bi-monthly monetary policy, the Reserve Bank of India (RBI) kept repo rate unchanged but cut the cash reserve ratio that banks are required to park with the central bank, as it did a balancing act between inflation management and supporting economic growth. With India's GDP seeing a sharper-than-anticipated dip in the July-September period to 5.4 per cent -- its slowest pace in seven quarters -- inflation on the uptick and rupee under pressure, the RBI had few choices to make. "The policy priority at this critical juncture has to be on restoring the inflation growth

The new RBI should revert to old rupee policy to address challenges

In our earlier piece in these pages, we highlighted the unwelcome consequences of the exchange rate policy adopted under the outgoing Reserve Bank of India (RBI) regime

Strive for perfection in performing critical roles, RBI Guv to colleagues

Malhotra to follow an open door policy and remain accessible to everyone at RBI

Support realisation of 'Viksit Bharat' goal: RBI Guv asks colleagues

Reserve Bank Governor Sanjay Malhotra on Monday exhorted colleagues to "strive for perfection" and support the realisation of the Viksit Bharat vision. The career bureaucrat appointed to lead the central bank "reassured" staffers that the RBI, an "august institution", is his "family" now. "I exhort you to strive for perfection in performing our critical roles as we enter Amrit Kaal and support in the realisation of our vision of a Viksit Bharat," Malhotra, who took charge as the RBI Governor last Thursday, said in a message to staff. Malhotra, who faces a slew of challenges, including the unsettling of the inflation-growth balance and the continuous pressure on the rupee, said, "Continuous improvements and kaizens (improvement)" are essential for any organisation to excel. "I hope you will continue to put your best foot forward and not only maintain but also improve the high standards already set," he added. RBI employees must uphold the critical values of public service, includin

2024, a rear view: Mint Road balances continuity and change in governance

Mint Road saw a new incumbent at the helm, followed through on its regulatory and governance initiatives even as the wait continues on a few fronts

Statsguru: India faces growing financial risks from cybersecurity breaches

The number of digital financial frauds rose more than four times in FY24 year-on-year to comprise 80 per cent of all financial frauds

An open letter to the RBI Governor: On growth, inflation, rupee challenges

You have come at a time when the growth-inflation dynamics is changing and the rupee is under pressure

Leadership change at RBI, PM launches Bima Sakhi Yojana and more

RBI receives bomb threat in Russian email; Mumbai Police launch probe

The Reserve Bank of India (RBI) received a bomb threat email in Russian, targeting Governor Sanjay Malhotra's official ID; Mumbai Police have launched an investigation

Stable govt, GDP growth to help India get FPIs: Barclays' Prez Dainton

India has a demographic advantage and substantial growth and a political system that is relatively calm and consistent, Stephen Dainton, President of Barclays Bank PLC said

RBI guv signs in, says focus to be on economic growth, policy stability

Still much work to be done on financial inclusion: Malhotra

Stability, trust, and growth key: RBI Guv Sanjay Malhotra in first address

'We cannot be stuck. We have to be agile while maintaining policy continuity,' Sanjay Malhotra said in his first address as RBI governor

Sanjay Malhotra assumes charge as new RBI governor amid economic challenges

Malhotra's appointment marks him as the first RBI governor since Duvvuri Subbarao to transition directly from the Finance Ministry

New RBI governor Sanjay Malhotra warned of killing 'golden goose'

As the head of India's central bank, Malhotra inherits the management of an economy beset with the dual challenge of rising prices and slowing growth

The relationship between RBI and govt is at its best: Shaktikanta Das

He talks of how the relationship between the central bank and the government has evolved, why putting business restrictions is the last resort for the regulator

Change of guard at RBI: The early repo rate moves that set the tone

While there is speculation about what Malhotra's first move will be amid slowing growth and elevated inflation, let's take a look at the rate actions of the previous four RBI governors

Restoring inflation-growth balance most important priority for RBI: Das

Outgoing RBI Governor Shaktikanta Das hoped that there would be a nationwide roll-out of Unified Lending Interface

May RBI grow even taller as institution of trust: Das' parting message

RBI Governor Shaktikanta Das, who will demit office later today, thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for their guidance and encouragement

New RBI governor has a lot on plate: Malhotra to assume office on Wednesday

Sanjay Malhotra takes charge as 26th RBI governor at a time when headline retail inflation has shot up to 6.2%