Reserve Bank of India Governor Sanjay Malhotra on Friday proposed to issue three draft guidelines for customer protection: one, relating to mis-selling; two, regarding recovery of loans and engagement of recovery agents; and three, on limiting liability of customers in unauthorised electroni
Reserve Bank of India Governor Sanjay Malhotra on Friday announced a set of measures aimed at enhancing customer protection, advancing financial inclusion, enhance flow of credit, strengthening urban cooperative banks (UCBs), promoting ease of doing business for NBFCs, and deepening financia
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
Born on September 26, 1932, Manmohan Singh was an eminent economist and served as the Reserve Bank of India Governor from 1982 to 1985. He was India's 13th Prime Minister, holding office from 2004 to 2014. Between 1991 and 1996, Singh served as India's Finance Minister, during which he pl
The achievements of the Indian economy in recent years are very creditable and widely recognized, despite facing unprecedented challenges stated Reserve Bank of India Governor Sanjay Malhotra on Monday.
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.
With Revenue Secretary Sanjay Malhotra set to take charge as Reserve Bank of India Governor, the government has given the additional charge of the post to Economic Affairs Secretary Ajay Seth.
The Reserve Bank of India Governor Shaktikanta Das cautioned the world on the rising global debt, which has surged to a staggering USD 315 trillion, equivalent to 333 per cent of global GDP in 2024.
India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of Commerce & Industry.
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and provide a much safer alternative to potentially dangerous private digital currencies.