Prasanna expects a shallow monetary easing cycle of 50 basis points, with a 25-basis-point reduction in February, and a similar one in April or June
Malhotra's appointment marks him as the first RBI governor since Duvvuri Subbarao to transition directly from the Finance Ministry
The one-month non-deliverable forward indicated that the rupee may open near 84.88
The balances in the RVAs are built through inward remittances in freely convertible currencies
For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates
Outgoing RBI Governor Shaktikanta Das hoped that there would be a nationwide roll-out of Unified Lending Interface
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
Economists can still look forward to filling the deputy governor's position
The RBI grants conditional approval for the Burman family's 26% stake offer in Religare, with restrictions on board changes. Sebi approval is still pending amid valuation disputes
In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26
Malhotra, 56, who is currently the Revenue Secretary in the Ministry of Finance, was on Monday evening named by the government to succeed Shaktikanta Das as the governor of the central bank
Outgoing RBI Governor Shaktikanta Das reflects on six years at the helm as Sanjay Malhotra prepares to take over
He takes over as the 26th Governor of the central bank at a time when the RBI is under pressure to cut interest rates to support growth
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
KV Kamath commends outgoing RBI Governor Shaktikanta Das for his leadership and expresses confidence in Sanjay Malhotra's capabilities as the new RBI Governor
98.08% of Rs 2,000 notes have been returned, but the remaining ones are still legal tender. Here's how to manage them before the window closes
The rupee hit a low of 84.80 in early trading, surpassing its previous all-time low of 84.7575 hit last week
Allowing state notes to be turned into so-called strip bonds would give investors an extra spread of 30-to-40 basis points over comparable federal securities, one of the people said
Malhotra takes over the reins of the RBI at a time when growth in the domestic economy has fallen to a seven-quarter low
Mr Das' term over the past six years was fairly challenging for both the Indian economy and the RBI, largely because of the pandemic