India's new central bank governor takes over

India's new central bank governor takes over as economic growth slows and inflation rises
India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India,
Sanjay Malhotra takes charge as 26th governor of Reserve Bank of India
Sanjay Malhotra, former revenue secretary, took charge as the 26th RBI governor on Wednesday. He assumes control amidst slowing economic growth and persistent inflation, raising expectations of interest rate cuts in the upcoming policy review.
India’s Central Bank Governor Sees Huge Potential of CBDC
RBI Governor Shaktikanta highlights the potential of CBDC in shaping India's economic future, the progress of the digital rupee pilot project
India’s Departing Central Bank Governor Leaves a Lasting Legacy
As Shaktikanta Das finishes up his tenure as India’s central bank governor, handing over the reins to a career bureaucrat, many have praised his performance as a relative outsider who leaned on diplomacy to propel the world’s fastest-growing major economy to new heights.
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
India's central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia's third-largest economy.
India's Burman family gets RBI nod to raise stake in Religare
The Reserve Bank of India (RBI) approved billionaire Burman family's plan to buy more shares in financial services provider ...
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Reserve Bank of India’s recent decision to boost FCNR deposit rates
Y ou have the option to open a Foreign Currency Non-Resident Account or a rupee denominated deposit account. The main ...
India’s New Central Bank Chief Raises Expectations for Rate Cuts
The new governor of the Reserve Bank of India brings a pro-growth sensibility to the position that raises the likelihood of ...
India cenbank cuts banks' cash reserve ratio to ease liquidity conditions
The Reserve Bank of India (RBI) has decided to cut banks' cash reserve ratio by 50 basis points to 4%, Governor Shaktikanta ...
India's 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank's Prasanna says
India's 10-year benchmark bond yield was at 6.71% on Wednesday, off last week's low of 6.65%. It was last at 6.60% in January ...
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India's quarterly growth slumps to a near two-year low, well below expectations
India's economy expanded by 5.4% in its second fiscal quarter ending September. Economists had forecast GDP growth of 6.5% ...
India's outgoing cenbank chief stresses importance of restoring growth-inflation balance
Restoring a balance between inflation and growth in India remains an important task for the Reserve Bank of India, the ...