Tag: RBI Governor Sanjay Malhotra

MDR a small fee, will not have major impact on UPI volumes: RBI Governor Malhotra

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MDR a small fee, will not have major impact on UPI volumes: RBI Governor Malhotra

Reserve Bank of India Governor Sanjay Malhotra addresses a press conference on its Monetary Policy announcement and repo rate hike from 5.25% to 5.50%, in Mumbai on October 7, 2026. | Photo Credit: ANI Reserve Bank of India Governor Sanjay Malhotra on Wednesday (October 7, 2026) said levying a “small fee” in the form of…

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Why does RBI seem to believe that rupee is ‘undervalued’? | Explained

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Why does RBI seem to believe that rupee is ‘undervalued’? | Explained

Reserve Bank of India (RBI) Governor Sanjay Malhotra. File | Photo Credit: Reuters The story so far: The Reserve Bank of India (RBI) Governor Sanjay Malhotra, in a recent interview with Business Line, reiterated that the Indian rupee is “undervalued”. This has drawn attention because central bankers rarely comment on whether a currency is priced…

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Indian economy to record high growth despite volatile external environment: RBI Governor

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Indian economy to record high growth despite volatile external environment: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra. File | Photo Credit: PTI The Indian economy is projected to register high growth, driven by strong domestic consumption and investment despite a volatile and unfavourable external environment, RBI Governor Sanjay Malhotra said on Wednesday (December 31, 2025). “Maintaining financial stability and strengthening the financial system remains…

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RBI does not target any band for rupee, allows it to find its own level, says Governor Sanjay Malhotra

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RBI does not target any band for rupee, allows it to find its own level, says Governor Sanjay Malhotra

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Reserve Bank Governor Sanjay Malhotra on Friday (December 5, 2025) said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level. The Governor’s statement came at a time…

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We do not target any level of Rupee; depreciation due to demand for U.S. dollar: RBI governor Sanjay Malhotra

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We do not target any level of Rupee; depreciation due to demand for U.S. dollar: RBI governor Sanjay Malhotra

Sanjay Malhotra. File | Photo Credit: The Hindu Reserve Bank governor Sanjay Malhotra on Thursday (November 20, 2025) said the central bank does not target any level of Rupee, and the recent depreciation of the domestic currency against the U.S. dollar is owing to demand for the greenback. The governor also said the Reserve Bank…

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India anchor of stability in volatile world: RBI Governor

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India anchor of stability in volatile world: RBI Governor

Reserve Bank Governor Sanjay Malhotra. | Photo Credit: RBI India’s macro-economic fundamentals have continued to remain very strong, and the country has become an anchor of stability in a volatile world, Reserve Bank Governor Sanjay Malhotra said on Friday (October 3, 2025). Speaking at Kautilya Economic Conclave 2025 here, the RBI Governor attributed the country’s…

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RBI open to help tariff impacted sectors, says Governor Malhotra

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RBI open to help tariff impacted sectors, says Governor Malhotra

Reserve Bank of India Governor Sanjay Malhotra speaks during the FIBAC banking conference in Mumbai, on August 25, 2025. | Photo Credit: Reuters Should the tariffs imposed by U.S. President Donald Trump kick in, the Reserve Bank of India (RBI), like in the past, would step in and provide financial support to worst impacted sectors…

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“Uncertainty in external demand remains major drag on growth”: Malhotra 

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“Uncertainty in external demand remains major drag on growth”: Malhotra 

Reserve Bank of India (RBI) Governor Sanjay Malhotra. File. | Photo Credit: ANI The adverse impact of the tariff and geopolitical uncertainty on demand remained a major concern at the last the Monetary Policy Commitee (MPC) meeting, the minutes of which was released on Wednesday (August 20, 2025) indicate.  “Uncertainty in external demand, driven by…

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RBI Monetary Policy 2025 key highlights: Repo rate cut to 6.25%, GDP likely to be 6.4%

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RBI Monetary Policy 2025 key highlights: Repo rate cut to 6.25%, GDP likely to be 6.4%

Reserve Bank of India. File | Photo Credit: Reuters In a bid to add to the momentum of the Budgetary reliefs announced by the Centre, the Monetary Policy Committee (MPC) on Friday (February 7, 2025) decided unanimously to reduce the policy rate by 25 basis points to 6.25% from 6.5%. One basis point equals 0.01%….

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Singh’s contributions as architect of India’s economic reforms have left indelible mark: RBI Governor

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Singh’s contributions as architect of India’s economic reforms have left indelible mark: RBI Governor

RBI Governor Sanjay Malhotra. File | Photo Credit: PTI Manmohan Singh’s contributions as the architect of India’s economic reforms have left an indelible mark, RBI Governor Sanjay Malhotra said on Friday (December 27, 2024) as he paid tribute to the departed soul. Dr. Singh, the former Prime Minister and Finance Minister, also served as the…

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