RBI Governor Sanjay Malhotra initiated his term with a 25 basis point repo rate cut, reducing it to 6.25%. This move contrasts sharply with his predecessor Shaktikanta Das' focus on inflation control.

The RBI, under new Governor Sanjay Malhotra, reduced the interest rate for the first time in nearly five years on Friday to support a slowing economy. The 25 basis points cut brings the policy rate down to 6.

The MPC under the new RBI governor will have to walk a tightrope between taming inflation and boosting economic growth. India’s GDP growth in Q2 FY25 slipped to a seven-quarter low of 5.4%. The monetary policy committee forecasts India’s gross domestic product (GDP) to grow at 6.7% in the financial year 2025-26.

India's new central bank governor Sanjay Malhotra cut interest rates by 25 basis points to 6.25%, aiming to support a slowing economy. The monetary policy committee's decision disappointed some investors seeking more proactive measures.

The Reserve Bank of India (RBI) announced a groundbreaking cybersecurity initiative during its latest Monetary Policy Committee (MPC) meeting on Friday. Governor Sanjay Malhotra revealed that banks will soon operate under an exclusive domain name,

The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years. The decision follows declining inflation rates and the need to support economic growth.

The RBI has projected a growth of 6.7 per cent for FY26, driven by a strong rabi harvest and government tax relief measures.

Reserve Bank Governor Sanjay Malhotra states that India can achieve over 7% growth and should aspire to do so. The RBI projects a 6.7% growth for the financial year 2025-26. Income tax reliefs in the Union Budget will support economic growth without fueling inflation.