Sanjay Malhotra News - Latest Updates & Headlines
India's retail inflation falls to 3.34 per cent in March, lowest level since August 2019
New Delhi, April 15: India's annual inflation rate, based on the Consumer Price Index (CPI), declined to 3.34 per cent in March this year, compared to the same month of the previous year, the lowest level since August 2019, according to figures released by the Ministry of Statistics on Tuesday.
India's WPI inflation declines to 2.05 pc in March
New Delhi, April 15: India’s annual rate of inflation based on the Wholesale Price Index (WPI) slowed to 2.05 per cent in March, down from 2.38 per cent in February, according to data released by the Ministry of Commerce and Industry on Tuesday.
Bank of India, UCO Bank cut lending rates after RBI repo rate slash
New Delhi, April 9: Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public sector banks -- Bank of India and UCO Bank on Wednesday reduced their lending rates, bringing relief to both existing and new borrowers.
RBI to ensure swift transmission of rate cut; US tariff will have less impact on India: Governor
Mumbai, April 9: The Reserve Bank of India (RBI) will ensure swift transmission of repo rate cut benefits, says governor Sanjay Malhotra in a post-policy press conference.
RBI announces six key measures to strengthen India's banking, fintech, payments ecosystems
Mumbai, April 9: In a move to strengthen India's financial ecosystem, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced six additional measures focused on banking regulation, fintech, and payment systems.
Inflation projected at 4% in FY25- 26, risk evenly balanced amid good monsoon and trade uncertainty: RBI
Mumbai, April 9: The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
Amdist Tariff challenges, RBI revises growth expectation from 6.7 % to 6.5% in FY25-26
Mumbai, April 9: India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.
RBI cuts repo rate by 25 bps to 6% amid evolving global outlook
Mumbai, April 9: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent, to support economic growth amid growing global uncertainties.
RBI rate cut to spur demand for home, auto, and personal loans: Banks
New Delhi, April 9: Leading banks on Wednesday said that the RBI rate cut, coupled with the revision in stance to accommodative, is a swift and timely move and a forward guidance to the market to stay supportive against evolving global uncertainties, along with empowering the consumers.
RBI to expand ambit of co-lending to enhance credit flow
New Delhi, April 9: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced a major proposal to liberalise the RBI's co-lending guidelines for banks and NBFCs to expand their ambit beyond priority sector lending to which they are currently restricted.
RBI cuts inflation forecast to 4 per cent for 2025-26
Mumbai, April 9: The Reserve Bank's Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4 per cent from 4.2 per cent earlier as the “outlook for food inflation has turned decisively positive,” RBI Governor Sanjay Malhotra said on Wednesday.
RBI lowers GDP growth forecast to 6.5 pc for 2025-26 as global uncertainties spike
Mumbai, April 9: The RBI's monetary policy committee has reduced its projection for India's GDP growth in 2025-26 by 20 basis points to 6.5 per cent from 6.7 per cent due to global trade and policy uncertainties in the wake of the US tariff hikes, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday.
RBI MPC decisions to boost domestic growth amid global economic turmoil: CII
New Delhi, April 9: The Reserve Bank of India's (RBI) accommodative monetary policy, combined with the government's growth-centric fiscal policy, will help boost domestic growth amid global economic turmoil, the Confederation of Indian Industry (CII) said on Wednesday.
NPCI to decide on person-to-merchant payments cap on UPI transactions: RBI
New Delhi, April 9: In order to further boost digital payments, the National Payments Corporation of India will be enabled to set the limit on person-to-merchants transactions via Unified Payments Interface (UPI), RBI Governor Sanjay Malhotra said on Wednesday.
RBI to issue new guidelines for gold loans
Mumbai, April 9: RBI Governor Sanjay Malhotra announced on Wednesday that it has been decided to issue comprehensive regulations on prudential norms and conduct-related aspects for gold loans following concerns raised over the issue.
RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth
Mumbai, April 9: RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth.
RBI's Monetary Policy decision today; Governor to announce policy rates at 10 AM
Mumbai, April 9: The Reserve Bank of India's Monetary Policy Committee (MPC) is set to announce its decision on the policy rates on Wednesday.
President Murmu arrives in Mumbai for RBI's 90-year commemoration closing ceremony
Mumbai, March 31: President Droupadi Murmu landed in Mumbai on Monday evening. She will grace the closing ceremony of the Reserve Bank of India's (RBI) 90th-year commemoration event on Tuesday, April 1, said her office.
RBI Governor calls on President Murmu at Rashtrapati Bhavan
New Delhi, March 28: Reserve Bank of India (RBI) Governor Sanjay Malhotra called on President Droupadi Murmu at Rashtrapati Bhavan on Friday.
FATF emphasises need for public-private partnerships to step up global defences against financial crime
Mumbai, March 26: The Financial Action Task Force (FATF) has stressed the need for public-private partnerships to step up global defences against financial crime at the 2025 FATF Private Sector Collaborative Forum, which was held in Mumbai on Tuesday.
RBI Governor flags concerns over use of technology for money laundering and terror financing
New Delhi, March 26: Reserve Bank of India (RBI) Governor Sanjay Malhotra raised concerns on Wednesday over threats from money laundering and terror financing to the national and global financial systems, which are continuously evolving and becoming more sophisticated.
RBI Governor sees AI as key tool to combat money laundering
Mumbai, March 26: Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk assessment framework to make appropriate system enhancements.
FATF forum in India to discuss global priorities for financial inclusion, cyber threats
New Delhi, March 24: Reaffirming India's responsible leadership in global efforts to combat money laundering and terrorist financing, the Financial Action Task Force (FATF) Private Sector Collaborative Forum (PSCF) 2025 is slated to be organised in Mumbai from March 25-27, the government said on Monday.
Farm, rural workers get respite as price spiral eases in Feb
New Delhi, March 24: The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for February this year eased to 4.05 per cent and 4.1 per cent, respectively, compared to 7.43 per cent and 7.36 per cent in February 2024, bringing respite to poor households, official figures released on Monday showed.
Urban Cooperative Banks must be mindful of trust reposed by depositors: RBI Governor
Mumbai, March 19: Urban Cooperative Banks (UCBs) need to be mindful of their responsibilities, particularly the trust reposed on them by the depositors, said RBI Governor Sanjay Malhotra.
WPI inflation at 2.38 pc in Feb
New Delhi, March 17: The annual rate of inflation based on the Wholesale Price Index (WPI) is 2.38 per cent for the month of February, according to data released by the Ministry of Commerce and Industry on Monday.
RBI likely to cut rates next month amid easing inflation: HSBC
New Delhi, March 14: After the decline in retail inflation in February to 3.6 per cent, the March inflation print is also trending below the RBI's 4 per cent target which is likely to lead to another rate cut by the central bank next month, according to an HSBC Research report.
India has taken the lead in financing green energy projects: RBI Governor
New Delhi, March 14: India has taken the lead in providing finance to renewable energy projects by including them in “priority sector lending” to accelerate the country's transition to a low carbon economy in the fight against climate change.
Decline in inflation paves way for higher GDP growth
New Delhi, March 13: The decline in retail inflation to a level that is below the RBI's targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.
India's retail inflation eases to 7-month low of 3.6 per cent in February
New Delhi, March 12: The year-on-year inflation rate, based on the Consumer Price Index (CPI), eased to an 7-month low of 3.61 per cent in February this year, which is 0.65 per cent lower than the corresponding figure for January, as food prices came down further during the month. This is the lowest retail inflation after July 2024.
Cost of home-cooked food plate declined 5 pc in Feb: Report
New Delhi, March 10: The cost of preparing both vegetarian and non-vegetarian thalis at home declined by 5 per cent in February compared to the corresponding figure for January this year, according to a Crisil report released on Monday.
RBI's move to inject Rs 1.9 lakh crore liquidity seen as positive for banks
Mumbai, March 6: The RBI’s move to inject Rs 1.9 lakh crore has come as a big positive for banks, which is reflected in the rise in the stock prices of both private and public sector banks, as well as Non-Banking Financial Companies (NBFCs) on Thursday.
RBIs new governor stand of a flexible rupee led to 1.8pc depreciation against USD in 2025: UBI Report
New Delhi, March 1: The policy shifts by the RBI in managing the Indian currency against the US Dollar have significantly impacted the Rupee against the dollar, says a report by Union Bank of India.
After strict regulations in 2023 & 2024, RBI's Policy shift boosts Banking Sector, eases regulations: Report
New Delhi, February 28: After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a report by CLSA Research.
Shallow rate cut cycle of 25-50 bps by RBI to boost growth: Report
New Delhi, Feb 24: A shallow rate cut cycle of 25-50 bps by the Reserve Bank of India (RBI) is expected, with further liquidity easing measures also possible, to boost growth, a report said on Monday.
Inflation burden eases further for India's farm and rural workers
New Delhi, Feb 24: The CPI inflation rates for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) for the month of January this year declined to 4.61 per cent and 4.73 per cent, respectively, from the corresponding figures of 7.52 per cent and 7.37 per cent in January 2024, according to figures released by the Ministry of Labour on Monday.
RBI launches Financial Literacy Week 2025 with a focus on women's prosperity
Mumbai, February 24: The Reserve Bank of India (RBI) launched the tenth edition of Financial Literacy Week (FLW) 2025 on Monday, with the theme "Financial Literacy: Women's Prosperity."
Need to preserve high growth momentum, maintain price stability: RBI Governor
New Delhi, Feb 21: Stronger policy frameworks and robust macro fundamentals remain the key to resilience and fostering overall macroeconomic stability, according to RBI Governor Sanjay Malhotra.
Budget proposals on agriculture, fiscal consolidation commitment positive for price stability: RBI policy minutes
Mumbai, February 21: The budget proposals on agriculture and the commitment to fiscal consolidation, among others, are positive for price stability and would help to anchor inflation expectations over the medium term, RBI Governor Sanjay Malhotra said on Friday, as per the minutes of the latest monetary policy review meeting.
India's CPI inflation falls to 5-month low of 4.31 pc in Jan
New Delhi, Feb 12: India's retail inflation rate, based on the Consumer Price Index, fell to a five-month low of 4.31 per cent in January as prices of vegetables and pulses eased during the month bringing respite to household budgets, according to figures released by the Ministry of Statistics on Wednesday.