LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience at the United Nations taught him to challenge status quo, a lesson that helped him streamline government systems during his administrative career.Speaking at the 58th convocation of IIT Kanpur, Malhotra-an alumnus of the institute – outlined four key learnings from his professional journey thus far:…
RBI monetary policy today RBI MPC Meeting: In a big cheer for loan borrowers, RBI governor Sanjay Malhotra announced a more-than-expected 50 basis points repo rate cut. The repo rate now stands at 5.5%, down from 6%. RBI has cumulatively cut the repo rate by 100 basis points since its February policy review. However, RBI…
<p style="text-align: justify;"><strong>20 Rupee New Note:</strong> भारतीय रिजर्व बैंक (RBI) की तरफ से जल्द ही महात्मा गांधी सीरीज (नई) के तहत 20 रुपये के नए नोट जारी किए जाएंगे. इस पर आरबीआई के नए गवर्नर संजय मल्होत्रा के हस्ताक्षर होंगे. इन नए नोटों के डिजाइन और फीचर पहले से चल रहे 20 रुपये के नोट…
The MPC also decided to change the stance from neutral to accommodative. RBI MPC meeting: The Reserve Bank of India (RBI) governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) has unanimously decided to cut the key policy repo rate by 25 basis points to 6%. He also said that the GDP growth outlook…
MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and…
The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders to ensure rate reductions announced by the central bank are properly transmitted to…
RBI MPC meet: This is the first time in five years that the RBI’s MPC has decided to cut the repo rate. RBI MPC meet: The Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points. After…
RBI governor Sanjay Malhotra The Reserve Bank of India (RBI) has announced a cut in its key repo rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. The decision, which was made at the conclusion of the Monetary Policy Committee (MPC) meeting held from February 5-7, is expected…
RBI MPC Meeting: भारतीय रिजर्व बैंक (RBI) की मौद्रिक नीति समिति (MPC) की तीन दिवसीय बैठक आज, 5 फरवरी 2025 से शुरू हो रही है. इस बैठक की अध्यक्षता पहली बार बने RBI के नए गवर्नर संजय मल्होत्रा करेंगे, जिन्होंने दिसंबर 2024 में पूर्व गवर्नर शक्तिकांत दास की जगह ली थी. बैठक के नतीजों की…
Year Ender 2024: भारतीय रिजर्व बैंक (आरबीआई) ने पूर्व गवर्नर शक्तिकान्त दास के नेतृत्व में 2024 में ब्याज दरों में कटौती के दबाव को नजरअंदाज किया और अपना मुख्य ध्यान महंगाई पर केंद्रित रखा. अब नए मुखिया की अगुवाई में केंद्रीय बैंक को जल्द यह फैसला लेना होगा कि क्या वह आर्थिक विकास की कीमत…