Daily Latest News
The Indian currency witnessed a rise on Friday after the results of the Monetary Policy Committee meeting of the Reserve Bank of India (RBI). The rupee closed at 94.93 with a gain of 81 paise against the US dollar. Market sentiment has improved due to the steps taken by the central bank to increase the…
Manoj Bajpayee talked to Dainik Bhaskar about the film ‘Governor: The Silent Savior’ made on the economic crisis of 1991. He said that the film shows the battle of an RBI Governor becoming the hope of the country and getting the country out of crisis. Manoj called it an ‘economic thriller’. He also expressed his…
New Delhi: Sanjay Malhotra has completed his first year as RBI Governor at a time when global volatility, tariff shocks and geopolitical tensions have tested financial systems everywhere. In an exclusive conversation with Zee Business Managing Editor Anil Singhvi, Malhotra discussed a wide array of topics, including interest-rate options ahead of the next MPC meeting,…
New Delhi: Reserve Bank Governor Sanjay Malhotra on Thursday said that the foremost priority of the RBI is to ensure financial stability in the system, and it was working to simplify regulatory requirements where possible while maintaining necessary safeguards and guardrails. In his address at the VKRV Rao Memorial Lecture in the Delhi School of…
New Delhi: Stressing that Indian banks are far more mature today than they were a decade ago, RBI Governor Sanjay Malhotra said on Friday that the Central Bank does not aim to micromanage things, adding that no regulator should substitute for boardroom judgment and each case has to be looked at with merit by a…
New Delhi: RBI Governor Sanjay Malhotra said on Wednesday that the recent US tariff hike is unlikely to have any major effect on India’s economy. Speaking after the monetary policy announcement, he said, “There might not be a major impact of the ongoing uncertainty over the US tariffs on India’s economy. This is subject to…
New Delhi: The era of completely free digital transactions via the Unified Payments Interface (UPI) may not last forever, RBI Governor Sanjay Malhotra signalled on Friday, adding that the UPI interface should be made financially sustainable in the future. The UPI system is currently free for users, with the government covering costs by subsidising banks…
New Delhi: The Reserve Bank of India (RBI) has announced that it will soon issue ₹20 denomination banknotes in the Mahatma Gandhi (New) Series, bearing the signature of the new RBI Governor, Sanjay Malhotra, according to an official statement. The new notes will retain the existing design and features of the current ₹20 notes in…
Mumbai: The RBI’s monetary policy committee meeting scheduled for February is likely to spring some positive surprises with a growth-favoured approach, according to brokerage firm Jefferies. The Reserve Bank of India (RBI) policies can take a growth-supportive turn, especially with the government expected to take a tight fiscal stance on February 1, Jefferies said in…
New Delhi: India’s retail inflation rate, based on the Consumer Price Index, fell to a 4-month low of 5.22 per cent in December as prices of vegetables, pulses and sugar eased during the month bringing respite to household budgets, according to figures released by the Ministry of Statistics on Monday. The easing of inflation reflects…