India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
Newly appointed Reserve Bank Governor Sanjay Malhotra praised the FY26 Union Budget for fostering economic growth and ...
Press Trust of India on MSN5m
RBI carrying out internal review of Jalan panel recommendations: MalhotraReserve Bank Governor Sanjay Malhotra on Friday said the central bank is carrying out an internal review of the economic capital framework (ECF) announced by the Bimal Jalan-led committee ...
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