sanjay malhotra

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    NBFC Framework Proposed Amid Tata Sons Listing Debate

    Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra announced on Wednesday that the monetary authority will be introducing a new framework for non-bank lenders in the wake of uncertainty surrounding Tata Sons' listing issue."We are coming up with a new framework for NBFCs. We should be doing...
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    Currency Fluctuations: Rupee Strengthens After RBI Pause

    Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...
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    India's Economy Strong, Rates Expected to Remain Low

    Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...
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    RBI Consolidates Regulations to Boost Bank Board Efficiency

    Mumbai, April 8 In an effort to promote ease of doing business, Reserve Bank Governor Sanjay Malhotra proposed on Wednesday to revise and rationalize guidelines to facilitate better utilization of bank board time, and draft directions in this regard would be released shortly.The matters to be...
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    Nirmala Sitharaman Slams Banks for Mis-Selling Insurance, Urges Focus on Core Banking

    Finance Minister Flags Regulatory Gaps and Customer Harm Finance Minister Nirmala Sitharaman on Monday sharply criticized banks for mis-selling financial products, particularly insurance, and urged them to concentrate on their core banking functions.Nirmala Sitharaman said banks are devoting...
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    Nirmala Sitharaman Says Rising Gold Prices Linked to Global Central Bank Buying; RBI Closely Tracking Imports

    Gold Imports Rise to USD 50 Billion in April to December New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday said that the recent surge in gold prices is largely driven by significant purchases by central banks across the world. She added that while India’s gold imports are...
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    RBI Monitoring ₹590 Crore IDFC First Bank Fraud, Says No Systemic Risk: Governor Sanjay Malhotra

    RBI Assures Stability Amid IDFC First Bank Fraud Case New Delhi, February 23: The Reserve Bank of India has confirmed that it is closely monitoring developments surrounding the ₹590 crore fraud reported by IDFC First Bank, with Governor Sanjay Malhotra stating that there is no systemic issue...
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    RBI Governor Sanjay Malhotra Reaffirms Priority on MSME Credit Access

    Formal Credit Flow to MSMEs Remains Key Policy Focus Mumbai, February 16: Reserve Bank of India Governor Sanjay Malhotra on Monday reiterated that improving access to timely and adequate formal credit for micro, small and medium enterprises remains a core policy priority of the central bank...
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