The latest monetary policy has also gone for a 50-basis-point rate cut, double the anticipated reduction
The Reserve Bank of India surprised analysts last week by cutting interest rates more than expected and announcing a cash boost for banks, citing the need to spur growth
RBI governor Sanjay Malhotra explains net FDI decline in FY25 is due to repatriation, reflecting market maturity as gross FDI rose and India remains attractive to investors
RBI Governor Sanjay Malhotra has said there are no plans to raise foreign ownership in banks beyond 15% for now. A review of ownership norms is underway as India needs more banks with credible owners
RBI Governor Sanjay Malhotra will announce the outcome of the June MPC meeting at 10 am today, with live broadcast on YouTube, RBI's X handle and official website
Analysts say foreign banks are keen for deals in India, the world's fastest-growing major economy, especially as it angles for regional trade agreements
The deposit insurance limit refers to the amount of savings in bank deposits whose safety is assured if a lender goes bankrupt
The approach to managing liquidity and communication policy is yet another manifestation of how the central bank has taken a fresh view on the issue
The yield spread between 10-year state bonds and the benchmark 10-year government bond stood at 29 basis points
RBI Governor also called banks and primary dealers for their active roles to improve liquidity and pricing for participants like cooperative banks, pension and provident funds with smaller deal sizes
Reserve Bank Governor Sanjay Malhotra on Wednesday said that the cases of failure of cooperative banks in the last 7-8 years are very small compared to the overall size
During the post-Monetary Policy press conference, RBI Governor Sanjay Malhotra said the central bank lowered the growth forecast primarily because of the tariff-related uncertainties
Since taking office in December, Sanjay Malhotra has reduced interest rates for the first time in five years, injected nearly $60 billion into the banking system
Only a matter of time when cross-border payments will become much easier and cost-effective, says RBI Governor Sanjay Malhotra
Malhotra rued that most banks and NBFCs have not enabled their branches or offices to access information from the central database due to which customers have to face the avoidable inconvenience
As a central bank, he said the RBI is mindful of its role in addressing and mitigating risks to the financial system from climate change
The areas are soft-touch regulations to continue promoting innovation, promote awareness generation, and more efficient cross-border payments
RBI Monetary Policy Highlights: RBI Governor Sanjay Malhotra announced a 25 bps cut in the repo rate -- from 6.5% to 6.25%
The governor said the RBI is introducing an exclusive domain name for banks called 'bank.in', while for non-bank entities in the financial sector the domain name will be 'fin.in'
RBI monetary policy: Governor Sanjay Malhotra is expected to lower the repo rate by 25 basis points, prioritising economic growth over inflation control