Tag: RBI Governor Sanjay Malhotra

RBI allows investment of surplus rupee balances in special vostro accounts into Govt Securities

The RBI has also updated its Master Direction on Non-resident Investment in Debt Instruments to incorporate the operational guidelines for this measure.

August 13, 2025

RBI does not regulate minimum balance requirements for banks: RBI Governor

ICICI Bank has significantly increased the minimum average balance requirement for its savings accounts across all branch categories, with the new rules effective from August 1, 2025.

August 12, 2025

RBI Maintains FY26 GDP Growth Forecast at 6.5% Despite Global Trade Headwinds

The services sector—particularly construction and trade—is forecast to remain buoyant, further reinforcing the central bank's positive outlook on domestic demand.

August 6, 2025

RBI Holds Repo Rate Steady at 5.5% Amid Falling Inflation and Positive Economic Outlook

This comes after the MPC lowered the repo rate by 50 basis points in its previous June meeting, in response to easing inflationary pressures.

August 6, 2025

RBI Governor Sanjay Malhotra to Announce Policy Rates Today Amid Hopes of Festive Season Rate Cut

The meeting, which began on August 4, was convened to review the repo rate and chart the RBI’s monetary policy direction for the coming months.

August 6, 2025

RBI’s Monetary Policy to Prioritise Economic Outlook Over Current Data: Governor Malhotra

He also emphasized the flexibility offered by the RBI’s current “neutral” policy stance. “It allows the MPC to move in either direction or even to pause, depending on the incoming data,” he added.

July 25, 2025

RBI Slashes Repo Rate by 50 Basis Points to 5.5% Amid Easing Inflation

“The MPC has recommended a 50 basis points reduction in the policy repo rate to 5.5%, effective immediately,” Malhotra stated during his address.

June 6, 2025

RBI Cuts FY26 GDP Forecast to 6.5% Amid Global Trade Pressures, Sees Strong Domestic Momentum

“The real GDP, as you are all aware, is expected to grow at 6.5% this year, following last year’s strong 9.2% performance,” said Malhotra.

April 9, 2025

RBI to Announce Policy Rates Today Amid Split Forecasts on Rate Cuts

While the last policy meet in February saw a 25 basis point (bps) cut, bringing the repo rate down to 6.25%, the outlook for today’s decision remains divided.

April 9, 2025

RBI Launches ‘.bank.in’ Domain to Combat Digital Frauds, Expands Digital Security Measures

Malhotra revealed that the RBI will implement the '.bank.in' domain for Indian banks starting April 2025.

February 7, 2025