Rbi Governor

Restrictions, penalties are last resort: RBI governor Sanjay Malhotra

RBI Governor Sanjay Malhotra said penalties and restrictions are a last resort, stressing collaboration with banks to curb digital fraud and strengthen customer protection

Financial institutions must imbibe spirit of regulations: RBI governor

Financial institutions need to imbibe the spirit of regulations, rather than just "tick-box-based compliance culture", Reserve Bank Governor Sanjay Malhotra said on Friday as he pitched for a collaborative approach to curb digital frauds. Addressing the Third Annual Global Conference of the College of Supervisors, the governor said while digital channels help improve inclusion and convenience, without guardrails, they can also facilitate opaque pricing, weak disclosures, and inappropriate recovery practices. Digitalisation, he said, widening access, enhancing efficiency, improving convenience, and enabling far more tailored financial services. At the same time, it is reshaping the nature and scale of risks, accelerating the transmission of disruptions and risks underscoring the need for agility in regulatory and supervisory response. Essentially, the objectives and purposes of the regulator and the regulated are the same -- to ensure long-term growth, advancement, stability, ...

Closely monitor asset quality, RBI Governor Sanjay Malhotra tells NBFCs

Credit extended by NBFCs has been rising over the years, underscoring their growing importance in financial intermediation

A shift towards decluttering, rationalisation marks RBI's 2025 reforms

The RBI's actions throughout the year mark a decisive shift towards principle-based regulation and systematic rationalisation of legacy instructions

Benign inflation outlook calls for lower real interest rates: RBI Guv

No signs of overheating in economy; data suggest some slack still persists: DG Gupta

The governor and the Goldilocks equation: Malhotra's first-year reforms

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead

RBI Governor asks banks for transmission of rate cut to customers

Reserve Bank Governor Sanjay Malhotra on Tuesday met the MD and CEO of public sector banks and select private sector banks here and urged them to pass on the rate cut to support sustainable growth. Since February 2025, the RBI has trimmed the key policy rate by 125 basis points to 5.25 per cent to support growth. India recorded an 8 per cent GDP growth in the first half of the current financial year. During the meeting, the RBI Governor observed that while there has been steady improvement in the health and operations of the banking sector in 2025, banks must avoid complacency and remain vigilant in a dynamic environment, the central bank said in a statement. He noted that the 125 basis points easing, combined with greater use of technology, should translate into lower intermediation costs and higher efficiency, thereby supporting sustainable growth and deeper financial inclusion, it said. Emphasising better customer service, he urged banks to focus on reducing grievances and ...

Sanjay Malhotra's first year as RBI governor: Stability with reforms

The RBI under him prizes stability, yet remains open to reform. The onus is on the banking industry to prove it deserves Malhotra's trust

RBI's MPC delivers again, takes 2025 rate cut tally to 125 basis points

Repo rate cut by 25 bps, stance still neutral; liquidity boost via ₹1 trn OMO in Dec

RBI's 25-bps repo rate cut may revive housing demand as EMIs ease

The rate cut comes at a time when housing sales across the top Indian cities are moderating, with affordability concerns being one of the key factors behind the plateauing

Marginal uptick in unsecured loan slippages not a concern: Swaminathan J

Additionally, he highlighted that unsecured retail loans account for less than 25 per cent of the overall retail book of the banking sector

RBI examines Sebi plan on banks in non-agri commodity derivatives: Governor

RBI Governor Sanjay Malhotra says Sebi's move to let banks enter non-agri commodity derivatives requires amending the Banking Regulation Act and is under review after a prior rejection

RBI MPC meeting HIGHLIGHTS: US tariffs have minimal impact on economy, says Guv Malhotra

RBI MPC meeting December 2025 HIGHLIGHTS: Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the outcome of the Monetary Policy Committee's (MPC's) December meeting today

'We allow market to determine price': RBI Guv Malhotra on INR depreciation

RBI Governor Sanjay Malhotra said the central bank does not target exchange-rate levels and intervenes only to curb abnormal volatility

RBI MPC cuts repo rate by 25 bps to 5.25%, projects FY26 growth at 7.3%

The RBI MPC revised its inflation forecast downward from 2.6 per cent to 2 per cent in the December meeting

RBI appoints Janakiraman as executive director in Department of Supervision

The Reserve Bank of India (RBI) on Monday announced the appointment of Usha Janakiraman as an Executive Director (ED) in the Department of Supervision. Janakiraman was serving as the Chief General Manager-in-Charge of the Department of Regulation in the RBI's Central Office in Mumbai prior to this, an official statement said. Her appointment is effective from December 1, 2025. Janakiraman has an experience of over three decades in the Reserve Bank, and has worked in the areas of regulation, external investment and operations, banking supervision, public debt management, currency management and other areas in the Reserve Bank. As Executive Director, Janakiraman will look after the Department of Supervision (Risk, Analytics and Vulnerability Assessment), it said. She is a Chartered Accountant, the central bank statement said.

Rate-cut room intact, signals RBI governor Malhotra; bond yields decline

These comments come a week ahead of the meeting of the six-member monetary policy committee that starts from December 3. The decision in the meeting will be announced on Friday, December 5

Confident of good trade deal with US, says RBI Governor Sanjay Malhotra

Governor Sanjay Malhotra says the central bank supports innovation but will prioritise systemic stability as crypto decisions rest with the government

No regulator should substitute boardroom judgement: RBI Governor Malhotra

Financial stability remains the 'North Star' for the central bank

Frauds per transaction rising, says RBI Deputy Governor T Rabi Sankar

He said that in a truly competitive market, banks might have sought to recover these additional costs from fintechs, but doing so could have slowed the pace of technological adoption.