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Senior bureaucrat Sanjay Malhotra is poised to become the 26th Governor of the Reserve Bank of India (RBI). He will take over from Shaktikanta Das, whose six-year tenure at the central bank comes to an end on 10 December, 2024. Malhotra, who is currently working with the Department of Revenue, will take charge as RBI Governor on 11 December.
RBI Governor Sanjay Malhotra said inflation remains benign and policy remains neutral, adding that future rate moves will depend on data and effective transmission
Unclaimed deposits fell by ₹760 crore in October as RBI pushes awareness drives, improves UDGAM access, and plans a two-month campaign to clear pending grievances from January 2026
Low inflation and strong economic growth mean Indian economy is in a 'rare Goldilocks' period, says RBI Governor
Traders attributed at least part of the slide to the RBI's reluctance to intervene, breaking with the practice of recent months as the currency weakened largely due to an elusive trade deal with US
The RBI Governor says rupee's fall is due to dollar demand, not policy moves, assures strong forex buffers and highlights improving strength of Indian banks
The governor attributed the country's strong fundamentals to low inflation, good foreign exchange reserves, a narrow current account deficit, and the very strong balance sheets of banks
RBI MPC Meeting October 2025 highlights: At its last meeting, held from August 4 to 6, the RBI's MPC left the repo rate unchanged at 5.5 per cent; catch all the LIVE updates here
The guidelines are expected to enhance credit risk management practices, promote better comparability of reported financials across institutions, he said
Indian banks are barred from such lending, pushing companies to rely on shadow lenders or bonds for financing
RBI will pare CPI inflation projection again, but might not change growth estimate for now; dovish undertone likely
System liquidity, as measured by the net position under the liquidity adjustment facility, has been in surplus, averaging ₹3 trillion per day since the last MPC meeting
The central bank also cut the inflation outlook for the current financial year by 60 basis points (bps) to 3.1 per cent which is significantly below its mandated target of 4 per cent
RBI MPC Meeting August 2025 highlights: Stay tuned here for live updates
The rupee slid 1.18 per cent against the dollar in the week through August 1, marking its sharpest weekly decline in nearly three years
Policy-setting committee continues with neutral stance as governor says Indian economy holds bright prospects
RBI governor says further rate reductions will depend on outlook for growth and inflation
The MPC's June 2025 decision to cut the repo rate by 50 basis points - more than expected - surprised markets
While price stability remains the central bank's primary objective, growth is also a key consideration
Excess liquidity could also incentivise the banking system to extend loans at lower rates
In the Financial Stability Report, RBI Governor Sanjay Malhotra says domestic resilience is strong but global tariffs, geopolitics and climate risks could impact growth