Reserve Bank of India (RBI) Governor Sanjay Malhotra raised concerns on Wednesday over threats from money laundering and terror financing to the national and global financial systems, which are continuously evolving and becoming more sophisticated.
According to an official release, FATF President Elisa de Anda Madrazo will formally inaugurate the PSCF 2025 on March 26, with Reserve Bank of India (RBI) Governor Sanjay Malhotra presiding over the event. The Indian delegation to PSCF is a multi-disciplinary team led by Vivek Aggarwal, Add
Urban Cooperative Banks need to be mindful of their responsibilities, particularly the trust reposed on them by the depositors, said RBI Governor Sanjay Malhotra.
The event was inaugurated by RBI Governor Sanjay Malhotra, who emphasised the importance of empowering women to play a significant role in driving the country's inclusive and sustained economic growth.
The budget proposals on agriculture and the commitment to fiscal consolidation, among others, are positive for price stability and would help to anchor inflation expectations over the medium term, RBI Governor Sanjay Malhotra said, as per the minutes of the latest monetary policy review meet
RBI Governor Sanjay Malhotra on Friday said India can certainly achieve 7 per cent or above growth and that should be what the country should aspire for.
Anshul Jain, Chief Executive, India, SEA & APAC Tenant Representation at Cushman & Wakefield, described the move as "well-timed and much-needed," particularly as CPI inflation eases and Q2-FY25 GDP growth slows.
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by services pr
Experts anticipate that the central bank may cut the repo rate by 25 basis points (bps) to support economic growth while keeping inflation under control.
The RBI governor exhorted the banks to ensure continued financial stability, deepen financial inclusion, improve digital literacy, enhance the availability and affordability of credit, strengthen customer service and grievance redress mechanisms, and continue to invest in technology.
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
Newly appointed Reserve Bank of India (RBI) Governor Sanjay Malhotra, in his first address on Wednesday, outlined the central bank's priorities under his leadership, emphasizing stability, financial inclusion, and technological innovation as the cornerstones of his governorship.