NEW DELHI: India’s foreign exchange reserves rose by $1.48 billion to $ 695.10 billion in the week ended August 15, driven primarily by gains in foreign currency assets (FCA), according to the Reserve Bank of India’s (RBI) latest ‘Weekly Statistical Supplement.’Foreign currency assets, the largest component of India’s forex reserves, increased by $1.92 billion to $585.90 billion. In contrast, gold …
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RBI MPC Meeting this week: Date, time, where to watch live streaming of RBI Governor Sanjay Malhotra’s monetary policy statement – Times of India
Experts expect the central bank to maintain a status quo on repo rate. RBI Monetary Policy Committee (MPC) meet date, time: The MPC, under the leadership of Reserve Bank of India (RBI) governor Sanjay Malhotra, met this week for the bi-monthly monetary policy review. The committee will assess several economic parameters, including the repo rate, liquidity conditions, CPI inflation and …
Read More »UN stint taught me how to question status quo: RBI governor Sanjay Malhotra – Times of India
LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience at the United Nations taught him to challenge status quo, a lesson that helped him streamline government systems during his administrative career.Speaking at the 58th convocation of IIT Kanpur, Malhotra-an alumnus of the institute – outlined four key learnings from his professional journey thus far: continuous learning, questioning status quo, …
Read More »RBI policy minutes: Governor backed neutral stance to ‘cut, pause or hike rates’; Five of six MPC members supported ‘front-loaded’ easing – Times of India
RBI Governor Sanjay Malhotra said a front-loaded interest rate cut would offer clarity and confidence to economic agents and support growth as the global environment remains volatile, according to minutes of the June monetary policy meeting released on Friday.The Monetary Policy Committee (MPC), headed by Malhotra, cut the repo rate by 50 basis points on June 6, marking the second …
Read More »Trump’s tariffs exacerbate uncertainties! Why RBI cut repo rate by 25 basis points to support GDP growth – The Times of India
The MPC also decided to change the stance from neutral to accommodative. RBI MPC meeting: The Reserve Bank of India (RBI) governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) has unanimously decided to cut the key policy repo rate by 25 basis points to 6%. He also said that the GDP growth outlook for FY 2025-26 has been …
Read More »RBI Monetary Policy Committee Meeting: Date, time, how to watch live streaming of RBI Governor Sanjay Malhotra’s MPC announcement – The Times of India
Economists and market analysts widely expect the RBI to cut the repo rate by 25 basis points. RBI MPC meet date, time: The Reserve Bank of India (RBI) governor Sanjay Malhotra-led Monetary Policy Committee (MPC) is meeting this week to deliberate on repo rate, liquidity conditions in the economy, CPI inflation and GDP growth outlook for the Indian economy.The central …
Read More »Banks told to gear up for green tech credit risks – The Times of India
MUMBAI: RBI governor Sanjay Malhotra on Thursday urged banks to strengthen risk management frameworks to address credit risks associated with emerging green technologies, which have limited reliability and efficiency track records. “Regulated entities need to develop suitable capacity and technical know-how to better appraise risks in financing projects using such green technologies,” he said at the Policy Seminar on Climate …
Read More »Appropriate time for a rate cut: RBI governor in policy meet – The Times of India
MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and capital expenditure, strengthening overall demand. …
Read More »When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India
The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders to ensure rate reductions announced by the central bank are properly transmitted to customers. A high-ranking government official …
Read More »RBI MPC meet: Why was repo rate cut by 25 basis points? RBI governor Sanjay Malhotra explains monetary policy rationale – The Times of India
RBI MPC meet: This is the first time in five years that the RBI’s MPC has decided to cut the repo rate. RBI MPC meet: The Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points. After the cut, the repo rate …
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