As the markets await the announcement, the spotlight will be on the new RBI Governor and his stance on the financial scenario.

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 RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo rate cut to 6.25% from 6.50%.

RBI Governor Malhotra also spoke about the falling levels of rupee. He said that the RBI doesn't target any specific levels or band and it only intervenes to stem excessive volatility.

RBI governor Sanjay Malhotra assured markets that the central bank would provide all the liquidity required to ensure that interest rates are .

Governor Sanjay Malhotra on Saturday said that the central bank is aiming to make India ‘investor-friendly,’ reported the news agency PTI. Indian Rupee recovered after hitting all-time low with RBI’s MPC stance.

With the RBI MPC meeting entering its second day today (January 6), economists said that the MPC is expected to announce a 25 bps cut this month.

In a highly anticipated press conference held today, Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor shared crucial updates regarding India’s economic policies, the Rupee’s value,

Governor Sanjay Malhotra revealed that banks will soon operate under an exclusive domain name, ‘fin.in,’ as a measure to curb cyber fraud. The registration process for this secure domain will begin in April 2025.

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra’s first monetary policy committee (MPC) meeting on Wednesday.