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Monday, December 23, 2024 | 05:53 PM ISTEN Hindi

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Page 2 - Rbi Governor

Will do what is best for economy, says incoming RBI guv Sanjay Malhotra

Malhotra, 56, will take over as governor today at a time when there is growing clamour for an interest rate cut to support slowing economic growth

Will do what is best for economy, says incoming RBI guv Sanjay Malhotra
Updated On : 10 Dec 2024 | 11:08 PM IST
Updated On : 10 Dec 2024 | 7:36 PM IST

When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in

Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation

When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in
Updated On : 10 Dec 2024 | 4:01 PM IST

Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv

A computer science engineer and master's in public policy from Princeton University, Sanjay Malhotra, the new Governor of the Reserve Bank of India (RBI), is a known consensus builder and the person instrumental in the implementation of the new income tax regime. Malhotra, 56, is currently the Revenue Secretary in the Ministry of Finance and will succeed Shaktikanta Das, whose second three-year term comes to an end on December 10. Malhotra, who has more than three decades of experience in public policy with expertise in areas like power, finance and taxation, takes guard at the central bank at a time when the economy is faced with the dual challenge of slowing growth rate and high inflation rate. While Das kept benchmark interest rates unchanged for almost two years in a bid to control inflation, the incoming Governor is said to be a team player who believes prices cannot be managed by the central bank alone and the task needs government help as well. He takes over as the 26th ...

Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv
Updated On : 10 Dec 2024 | 12:57 PM IST

Economists react to India's new central bank chief announcement

With a new governor at the helm of the Reserve Bank of India (RBI) and a deputy governor retiring next month, the RBI's monetary policy committee (MPC) will have a new look

Economists react to India's new central bank chief announcement
Updated On : 10 Dec 2024 | 12:50 PM IST

'Did a good job': KV Kamath lauds Das, backs Sanjay Malhotra for RBI role

KV Kamath commends outgoing RBI Governor Shaktikanta Das for his leadership and expresses confidence in Sanjay Malhotra's capabilities as the new RBI Governor

'Did a good job': KV Kamath lauds Das, backs Sanjay Malhotra for RBI role
Updated On : 10 Dec 2024 | 12:48 PM IST

Shaktikanta Das thanks PM Modi, FM Sitharaman as his RBI tenure ends

Shaktikanta Das, set to demit office today, expressed gratitude to PM Modi and FM Sitharaman for their support during his tenure as RBI governor

Shaktikanta Das thanks PM Modi, FM Sitharaman as his RBI tenure ends
Updated On : 10 Dec 2024 | 12:46 PM IST

Fiscal-monetary coordination at its best in last six years: Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank. "Immensely grateful to the Hon'ble PM @narendramodi for giving me this opportunity to serve the country as Governor RBI and for his guidance and encouragement. Benefited a lot from his ideas and thoughts," he said in a post on X from his personal handle. Expressing gratitude to Finance Minister Nirmala Sitharaman for her constant support and backing, he said, fiscal-monetary coordination was at its best and helped to deal with multiple challenges during the last six years. He also thanked all the stakeholders in the financial sector and in the economy; expe

Fiscal-monetary coordination at its best in last six years: Shaktikanta Das
Updated On : 10 Dec 2024 | 11:51 AM IST

Revenue Secretary Sanjay Malhotra succeeds Shaktikanta Das as RBI governor

Malhotra takes over the reins of the RBI at a time when growth in the domestic economy has fallen to a seven-quarter low

Revenue Secretary Sanjay Malhotra succeeds Shaktikanta Das as RBI governor
Updated On : 10 Dec 2024 | 12:35 AM IST

Change of guard: Who is Sanjay Malhotra, Centre's pick as new RBI governor?

As revenue secretary, Malhotra took key decisions, including rationalisation of capital gains tax

Change of guard: Who is Sanjay Malhotra, Centre's pick as new RBI governor?
Updated On : 09 Dec 2024 | 11:29 PM IST

Six years of Shaktikanta Das's leadership as Mint Road's helmsman

It's been an eventful six year for Shaktikanta Das as Mint Road's helmsman. Here's a look at some of the significant moves during his watch

Six years of Shaktikanta Das's leadership as Mint Road's helmsman
Updated On : 09 Dec 2024 | 11:26 PM IST
Updated On : 09 Dec 2024 | 11:19 PM IST

Sanjay Malhotra to be next RBI governor, to succeed Shaktikanta Das

Sanjay Malhotra, a 1990 batch IAS officer from the Rajasthan cadre, will take over from Shaktikanta Das, whose term comes to an end on December 10

Sanjay Malhotra to be next RBI governor, to succeed Shaktikanta Das
Updated On : 09 Dec 2024 | 8:04 PM IST
Updated On : 09 Dec 2024 | 7:30 PM IST

RBI Governor Das meets FM Sitharaman ahead of former's term coming to end

The meeting took place at the finance minister's North Block office. Sources said that the meeting lasted around 20 minutes and was considered customary following the MPC meeting

RBI Governor Das meets FM Sitharaman ahead of former's term coming to end
Updated On : 09 Dec 2024 | 6:12 PM IST

The underlying slowdown in growth is due to inflation: RBI Governor Das

Its better we stick to monetary policy, says RBI governor Shaktikanta Das

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Updated On : 06 Dec 2024 | 11:29 PM IST

Stock Market Highlights: Sensex, Nifty snap 5-day winning run post RBI policy; Auto shares gain

Markets Highlights: Broader markets outperformed the benchmarks indices on Friday after the RBI left key rates unchanged and announced a 50 bps cut in CRR, while lowering its GDP forecast

Stock Market Highlights: Sensex, Nifty snap 5-day winning run post RBI policy; Auto shares gain
Updated On : 06 Dec 2024 | 4:11 PM IST

RBI MPC Updates: Shaktikanta Das headlines inflation, says no room for knee-jerk reactions

RBI Monetary Policy Meeting Dec 2024 Updates: Catch all the updates here

RBI MPC Updates: Shaktikanta Das headlines inflation, says no room for knee-jerk reactions
Updated On : 06 Dec 2024 | 4:08 PM IST

RBI slashes Cash Reserve Ratio to 4%: What it means for banks and you

RBI governor Shaktikanta Das said that the CRR reduction will release Rs 1.16 trillion into the banking system, providing additional liquidity and enable banks to extend more loans

RBI slashes Cash Reserve Ratio to 4%: What it means for banks and you
Updated On : 06 Dec 2024 | 12:02 PM IST

RBI MPC: Inflation remains a key concern, Das expects relief in Q4 FY25

The RBI Governor Shaktikanta Das in his MPC announcement said that factors like frequent weather disruptions, geopolitical tensions, and financial market volatility pose significant risks to inflation

RBI MPC: Inflation remains a key concern, Das expects relief in Q4 FY25
Updated On : 06 Dec 2024 | 10:40 AM IST