RBI Governor

Short-term fluctuations, including net FDI outflows and exchange rate movements, are cyclical in nature and are being closely monitored, RBI Governor Sanjay Malhotra said. He was speaking at a round-table hosted by Consulate General of India in New York on Monday. A press release was issued the next day. Malhotra highlighted the ongoing reforms to simplify regulatory frameworks, enhance ease of doing business, expand market access for foreign investors, and further integrate onshore and offshore markets. The round-table was attended by over 100 representatives from financial institutions, investment firms and policy circles, including participants from banks, asset management firms, family offices, capital management firms, institutional investors, wealth managers, and other industry professionals. During the session, RBI Chief General Manager Dimple Bhandia gave a presentation, highlighting the country's strong macroeconomic fundamentals, resilient financial sector, and consistent

The current crisis in West Asia significantly impacts India, as the region accounts for approximately one-sixth of the country's exports, half of its crude oil imports, and nearly two-fifths of the inward remittances, Reserve Bank of India (RBI) Governor Sanjay Malhotra said. During his address at Princeton University on April 18, 2026, the governor highlighted that the Indian economy has demonstrated resilient growth over the past decade, supported by robust policy frameworks, financial stability, and sound fiscal policies. He noted that, in response to the ongoing crisis, India is increasing its domestic production of oil and gas. "Sources of imports are being diversified. While there is no shortage of oil, given the reserves maintained by us, there is some rationing of gas for industrial purposes," he said. Malhotra emphasised that while oil marketing companies and the government have absorbed some of the price pressures in oil, a portion of the pressures on gas prices has been .

Forex intervention as needed; not committing to indefensible peg: Malhotra

RBI’s Monetary Policy Committee says risks from the US-Iran-Israel crisis are rising but India is better placed to handle them.

RBI Governor says recent forex curbs are temporary and aligned with market conditions, as bond yields fall sharply and rupee strengthens on easing tensions

Forex reserves ‌rose to $697.1 billion as of April 3, per the latest data, from $688.06 billion in the previous week

The Reserve Bank did not come across any governance or conduct-related issues during supervisory inspection of HDFC Bank, Governor Sanjay Malhotra said on Wednesday. Responding to a question at the post-monetary policy press conference on sudden resignation of HDFC Bank Chairman Atanu Chakraborty and subsequent fall in its share price, Malhotra said RBI had also seen minutes of meetings of the lender, and the RBI did not find any thing of material concern. He said the RBI in its press release on March 19 too had said there were no material concerns on record as regards the bank's conduct or governance. "HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound financials, professionally run board and competent management team. Basis our periodical assessment, there are no material concerns on record as regards its conduct or governance," the RBI said in its press release. Chakraborty had resigned on March 18. Malhotra also asserted that India's banking system is "very

In a post-monetary policy briefing, Malhotra said the central bank had observed heightened volatility in the foreign exchange market in recent weeks

Elevated crude oil prices could raise imported inflation and widen the current account deficit, he says

RBI flags rising risks from the West Asia conflict through energy prices and supply disruptions, but says India's economy is stronger and better placed to withstand shocks than before

RBI MPC meet: In the February policy review, the MPC kept the repo rate unchanged at 5.25 per cent and continued with the 'neutral' stance

The going was good until war in West Asia started. The inflation rate was low with growth staying robust

RBI Governor Sanjay Malhotra calls for collaborative efforts to boost public confidence in digital payments as the central bank launches a rural awareness pilot

Das highlighted that India is now witnessing a rapid transformation fuelled by the so-called 'triple threat' of progress: innovation, disruption and the birth of entirely new business models

RBI Gov says issue not systemic; bank term it an isolated incident

FY27 Q1-Q2 inflation forecast may be raised 20-30 bps, says MPC member Saugata Bhattacharya

Earlier on Monday, Sebi chairman Pandey said the stock market regulator has received a representation from the industry on the issue

In rules released earlier this month, ‌the Reserve Bank of India raised the collateral requirements for bank guarantees to brokers and barred lending for proprietary trading by them

Reserve Bank Governor Sanjay Malhotra voted for the status quo in the key interest rate earlier this month, saying the current policy rate was appropriate, given the buoyant economic growth and benign inflation, according to the MPC meeting minutes released on Friday. The Reserve Bank kept the short-term lending rate (repo) unchanged at 5.25 per cent after the Monetary Policy Committee (MPC) meeting held from February 4 to 6. The governor and the other five members of the MPC had voted to keep the repo rate unchanged. According to the minutes, Malhotra argued that India's macroeconomic fundamentals, over the medium-term, including the external sector, remain healthy and robust. "Given the present state of the economy and its outlook -- buoyant growth and benign inflation -- I feel the current policy rate is appropriate. Accordingly, I vote for continuation of the policy repo rate at 5.25 per cent and retain the neutral stance," he said. Deputy Governor Poonam Gupta said that, ...

The value and volume of banknotes in circulation increased by 6.0 per cent and 5.6 per cent, respectively, during 2024-25