"sanjay-malhotra"

RBI Governor Sanjay Malhotra said the new Merchant Discount Rate on select UPI transactions is unlikely to hurt digital payment volumes. From October 15, a 0.4 per cent MDR will apply to specified person-to-merchant transactions above Rs 2,000

The Reserve Bank of India projected FY27 CPI inflation at 5.2 per cent, citing rising food and energy prices, supply-side risks and widening core pressures. Governor Sanjay Malhotra warned inflation is no longer benign, making policy-rate recalibration imperative

RBI Governor Sanjay Malhotra said India is well placed to withstand global financial risks linked to AI valuations, debt and cybersecurity. He said a correction in AI valuations in advanced economies could potentially divert capital flows towards Indian markets.

SBI Research highlighted a communication divergence in the RBI’s latest monetary policy cycle, with MPC minutes appearing more hawkish while Governor Sanjay Malhotra adopted a cautious, data-dependent stance. Markets now face uncertainty over a possible October rate hike amid domestic and global risks

RBI Governor Sanjay Malhotra urged banks to maintain meaningful human oversight while deploying artificial intelligence, stressing that accountability for AI-driven decisions must remain with banks. He called for explainable models, stronger governance, data privacy, bias controls and safeguards against cybersecurity risks

RBI Governor Sanjay Malhotra said India may introduce polymer currency notes by FY28 after ongoing field trials assess durability and suitability. The pilot involves Rs 10 and Rs 20 denominations, with polymer notes expected to complement existing paper currency rather than replace it

The RBI kept the repo rate unchanged at 5.25 per cent for a third straight policy meeting, while maintaining a neutral stance. It raised its FY27 GDP growth forecast to 6.7 per cent, lowered the inflation projection to 5 per cent and cited global uncertainties.

The Reserve Bank of India's Monetary Policy Committee is widely expected to keep the repo rate unchanged at 5.25 per cent while retaining its neutral stance. Markets will closely watch Governor Sanjay Malhotra's guidance on inflation, growth, liquidity and future policy direction.

The RBI's three-day Monetary Policy Committee meeting began on Monday, with markets expecting the repo rate to remain unchanged at 5.25 per cent. Investors are closely watching the central bank's inflation, growth and liquidity outlook ahead of the August 5 policy announcement

The RBI kept the repo rate unchanged at 5.25% for a second consecutive policy review, citing risks from rising crude oil prices, West Asia conflict-related supply disruptions, rupee depreciation, and potential inflation pressures despite retail inflation remaining close to its 4% target

The rupee weakened by 7 paise to close at 95.83 against the US dollar amid US-Iran tensions, elevated crude oil prices and safe-haven demand. Investors are closely watching the RBI's monetary policy decision, with inflation, growth and currency stability in focus

Rupee appreciated 35 paise to 95.25 against US dollar extending gains for third session amid optimism over US-Iran peace talks, RBI assurances on forex stability, and easing crude prices. Equity markets surged while foreign investors continued selling equities net basis

In New York, Sanjay Malhotra said short-term FDI outflows and exchange fluctuations are cyclical and monitored. He highlighted reforms, strong fundamentals, low inflation, robust forex reserves, and India’s growth trajectory at a financial round-table discussion

Reserve Bank of India Governor Sanjay Malhotra warns West Asia conflict may entrench inflation via supply shocks, prompting a wait-and-watch stance on interest rates. He highlights trade exposure, forex resilience, rupee flexibility, and ongoing digital initiatives like UPI and Unified Lending Interface platform

Reserve Bank of India projected 7.6% GDP growth for FY26 and 6.9% for FY27, with Sanjay Malhotra citing resilience from domestic demand but warning of geopolitical risks, inflation pressures, and global slowdown impacting India’s outlook

Reserve Bank of India kept repo rate unchanged at 5.25% as Governor Sanjay Malhotra cited easing inflation and steady growth. However, global uncertainties, crude oil risks, and potential Strait of Hormuz disruptions may impact outlook

The RBI’s Monetary Policy Committee has begun deliberations amid rising inflation concerns driven by crude oil prices and geopolitical tensions. Experts expect the central bank to maintain a status quo on interest rates while adopting a cautious and flexible policy stance.

RBI stated there is no systemic risk to the banking system following a Rs 590-crore fraud at IDFC First Bank’s Chandigarh branch. Four officials were suspended; the stock fell sharply amid ongoing investigation

The rupee hit a record low of 90.43 against the US dollar amid FII outflows, importer demand and limited RBI intervention. Markets await the MPC decision as trade tensions with the US persist and analysts warn of further depreciation toward 91

RBI has conceptualised a Unified Market Interface and Unified Lending Interface to enhance fintech services, said Sanjay Malhotra. He urged inclusive, user-friendly designs, emphasised AI and digital infrastructure, and flagged growing digital fraud risks in India’s fintech ecosystem