RBI urges cost cuts; PFC–Sidbi scrap bond issues; insurance premiums surge in November & more

Last Updated: Dec 12 2025 | 6:59 PM IST

RBI Governor Sanjay Malhotra has urged bank CEOs to reduce intermediation costs and improve operational efficiency, citing the 125-bps rate cuts since February. The repo rate is now at a three-year low of 5.25%.

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