Even if the Reserve Bank of India’s Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact......
Following are the highlights of the bi-monthly monetary policy announced by Reserve Bank Governor Sanjay Malhotra after the Monetary Policy Committee (MPC) meeting on Friday: Photograph: Danish......
The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy.......
Of the seven members, four are proposed to be government nominees and the rest from RBI. IMAGE: Finance Minister Arun Jaitley (L) and RBI Governor Raghuram Rajan. Photograph: Reuters ......
'We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.' IMAGE: Reserve Bank of India (RBI) Governor Sanjay Malhotra, third from left makes a......