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Malhotra takes over as 26th RBI Guv says focus would be trust growth stability

Malhotra takes over as 26th RBI Guv says focus would be trust growth stability

by AIP Online Bureau | Dec 11, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Sanjay Malhotra Governor, Reserve Bank of India “As we have to be conscious of the fact that we do maintain continuity and stability, we cannot be stuck to it, and we have to be alert and agile to meet challenges,” Malhotra said in his first interaction as...
RBI approves Burmans’ additional 26% stake in Raligare

RBI approves Burmans’ additional 26% stake in Raligare

by AIP Online Bureau | Dec 10, 2024 | Banking & Bancassurance, Health, Indian News, Regulation

This move will increase the holding of Burman family in Religare Enterprises Ltd (REL) and will surpass 56 per cent, enabling them to become majority owners in the financial services firm New Delhi: Shares of Religare Enterprises climbed nearly 4 per cent on Tuesday...
Revenue Secretary Sanjay Malhotra appointed as new RBI governor, to succeed Shaktikanta Das

Revenue Secretary Sanjay Malhotra appointed as new RBI governor, to succeed Shaktikanta Das

by AIP Online Bureau | Dec 9, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

, Sanjay Malhotra, Governor-designate, Reserve Bank of India The Appointments Committee of the Cabinet cleared Malhotra’s name, who has been appointed as the RBI Governor for three years, starting Wednesday New Delhi: The government on Monday appointed Revenue...
RBI guv meets FM two days before end of his extended term

RBI guv meets FM two days before end of his extended term

by AIP Online Bureau | Dec 7, 2024 | Banking & Bancassurance, Indian News, Regulation

Shaktikanta Das,Governor,Reserve Bank of India With the three-year-extension granted to Das, he is already one of the longest serving RBI governors in its 90-year history. New Delhi: A day after presenting bi-monthly monetary policy, Reserve Bank Governor Shaktikanta...
RBI guv meets FM two days before end of his extended term

RBI cuts banks’ CRR by 50bps to ease liquidity conditions, keeps rates unchanged, lowers GDP growth target

by AIP Online Bureau | Dec 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Risk Management

The RBI sharply cut the GDP growth projection to 6.6 per cent from the earlier level of 7.2 per cent, while raising inflation target to 4.8 per cent from the previous projection of 4.5 per cent for the current fiscal. Mumbai: Reducing cash reserve ratio(CRR) by 50...
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