Page 3 - Rbi Governor

No asset quality worries in MFIs or unsecured loans, says RBI Governor

The Reserve Bank does not have any concern on asset quality from unsecured loans perspective, including microfinance (MFI), Governor Sanjay Malhotra said on Wednesday. The system NPAs (non-performing assets) are also "satisfactory", Malhotra told reporters, stressing that the proportion of dud assets is not increasing. Recalling that the NPAs in the unsecured segment like personal loans and credit cards, and also MFI, were indeed seen to be rising, Malhotra said the RBI acted by raising the risk weights which had the intended impact of slowing credit growth in the segments. "We have seen a slowdown in credit growth there. From an overall perspective, this (NPAs in unsecured loans and MFI) is not a cause of concern for us," he said. Malhotra also assured that MFIs, which serve the bottom of the pyramid and help deepen financial inclusion, will get all the attention as is required. Meanwhile, allaying fears of a decline in deposit rates leading to a shift of deposits to avenues beyo

RBI MPC highlights: Difficult to predict what impact tariffs will have, says RBI governor

RBI MPC Meeting August 2025 highlights: Stay tuned here for live updates

Evolving growth-inflation dynamics unlikely to permit further rate cuts

Economic hit due to US tariff decisions likely to be accentuated

Not saying users will have to pay for UPI but someone has to bear: RBI Guv

The RBI governor said that the government policies have helped boost the use of UPI among consumers. Malhotra added that UPI transactions have been increasing in the past few months

RBI announces 3 consumer-centric schemes to drive financial inclusion

Banks will be setting up camps at the Panchayat-level from July 1 to September 30, to provide re-KYC services at consumers' doorsteps

RBI policy: MPC maintains repo rate at 5.5%, keeps stance 'neutral'

RBI MPC August meet: The monetary policy committee eased inflation projections for FY26 to 3.1%, down from 3.7%; GDP forecast remains unchanged

RBI MPC meet: What stayed the same, what changed in August policy review

RBI's Monetary Policy Committee meeting today kept interest rates unchanged, lowered FY26 inflation forecast to 3.1 per cent, and CRR cut to begin in September 2025

RBI MPC meet: Rate cut unlikely in August; growth, inflation rate in focus

RBI MPC: The odds of another cut in the August meeting are rising after the US imposed a 25 per cent tariff on Indian exports

RBI MPC Meet August 2025: When and where to watch the rate decision live

The MPC meeting is held bi-monthly to decide the interest rates, inflation, and growth estimates

RBI's MPC meet begins today: Repo rate, stance, inflation outlook, and more

After keeping rates unchanged for 11 meetings, the RBI has slashed repo in the last three policy reviews; economists await the August 6 outcome

Unethical practices by some banks, NBFCs threaten trust in system: RBI DG

With the ambitious goal of a developed India by 2047, banks will need to adapt continuously to serve a more aspirational, mobile, and digitally connected population, he said

Fada seeks RBI intervention on private banks delaying auto loan rate cuts

The Federation of Automobile Dealers Associations has sought the Reserve Bank of India's intervention against alleged delays by private banks in transmission of the interest rate cuts to automobile buyers. In a letter to RBI Governor Sanjay Malhotra, the Federation of Automobile Dealers Associations (FADA) also called for a review of private banks' repo-rate pass-through lags in the auto-loan portfolio and issue corrective directives to ensure uniform 100 per cent transmission to auto borrowers. "Under your leadership, the RBI has delivered the fastest series of policy-rate reductions in its history, a clear positive signal for the economy. Yet, this benefit is not fully visible in the auto-retail sector. While public-sector banks pass on repo-rate cuts to auto borrowers immediately, many private banks delay transmission on the pretext of internal cost-of-funds assessments," FADA Vice President Sai Giridhar said. In order to ensure that private banks also transmit the benefit of the

'UK trade pact will help us, India must sign more', says RBI Guv Malhotra

RBI Governor Sanjay Malhotra said the UK-India FTA will benefit India's manufacturing and services sectors, adding that multilateralism has taken a back seat and more such pacts are needed

RBI Dy Guv bats for global unity, tech transfer to fight climate change

RBI Deputy Governor M Rajeshwar Rao has called for enhanced global cooperation including technology transfer and R&D funding to deal with challenges posed by the climate change. Stressing that no country can achieve net-zero in isolation, he said climate change is the quintessential global challenge and so the response. Rao was speaking at the Conference on Green Infrastructure Finance at College of Agriculture Banking, RBI here recently. "There is a requirement of enhanced global cooperation in this regard which must also extend to technology transfer, R&D funding, and skills development to enable development of technical expertise to identify, design, and structure bankable sustainable and green infrastructure projects," he said. The Reserve Bank posted his speech on its website on Friday. The Deputy Governor said that the focus needs to shift from project-based finance to overall market development with policy reforms, development of a project pipeline, and consistent ...

Bids for RBI's 7-day VRRR auction fall short of notified amount

Receive bids worth ₹1.51 trn against notified amount of ₹2.5 trn

'Growth', guv's tie colour likely to signal rate moves: SBI's report

SBI explores correlations between policy language and RBI Governor's tie colours, suggesting subtle textual and visual cues may foreshadow monetary policy changes

RBI Governor Sanjay Malhotra to appear before House panel on July 10

RBI Governor Sanjay Malhotra and top bank officials to appear before finance panel on July 10 as part of its ongoing review of the Insolvency and Bankruptcy Code

Art and science of central banking: RBI governors since 1991 reforms

While the liberalisation led to higher economic growth, it didn't leave the subsequent governors without any challenges

Grace under fire: RBI represents a crisis manager's balancing acts

Since 1991, RBI has played key role in averting crises that posed a threat to India's economy

I did not follow my karma as I feared failure: RBI Guv Sanjay Malhotra

In an emotional address at IIT-Kanpur, RBI Governor Sanjay Malhotra shared memories from his student life, challenges in bureaucracy and the value of trust, ethics and courage