The minimum balance requirements for saving accounts does not come under the regulatory domain of the Reserve Bank of India (RBI), banks decide it as per their own business needs, stated RBI Governor Sanjay Malhotra on questions of ICICI Bank raising minimum balance requirement in saving acc
Corporates are increasingly relying on the bond market to raise funds as the transmission of policy rate cuts is faster in the money market compared to banks, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Wednesday while announcing the policy rates.
In an unanimous decision the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.5 per cent in its August policy meeting. The decision was announced by RBI Governor Sanjay Malhotra on Wednesday.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rates today at 10 AM in Mumbai as the three-day monetary policy committee (MPC) meeting will conclude.
RBI Governor, Sanjay Malhotra in his address at the Financial Express BFSI Summit highlighted that the central bank's monetary policies are forward-looking and the Monetary Policy Committee of India (MPC) will focus more on outlook than current data.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the policy repo rate today at 10 AM in Mumbai, as the three-day Monetary Policy Committee (MPC) meeting comes to a close.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the mindset of India's young generation has changed remarkably over the years, with many now preferring to become entrepreneurs rather than seeking jobs in multinational companies (MNCs).
India's financial markets must play a crucial role if the country is to successfully navigate global challenges and achieve its long-term aspirations, said Reserve Bank of India (RBI) Governor Sanjay Malhotra.
In a move to strengthen India's financial ecosystem, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced six additional measures focused on banking regulation, fintech, and payment systems.
India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.