RBI to introduce dedicated domains for banks, non-bank financial entities to reduce digital fraud
Business | February 07, 2025 13:29 ISTMeanwhile, RBI Governor Sanjay Malhotra slashed the repo rate by 25 basis points to 6.25 per cent.
Meanwhile, RBI Governor Sanjay Malhotra slashed the repo rate by 25 basis points to 6.25 per cent.
The RBI’s Monetary Policy Committee (MPC) may cut the repo rate by 25 bps in Governor Sanjay Malhotra’s first policy move. Experts predicted a balanced approach to inflation and growth.
Following the incident, an FIR was filed at the Mata Ramabai Ambedkar (MRA) Marg Police Station against unidentified individuals.
IAS officer Sanjay Malhotra has been appointed as the 26th RBI Governor, succeeding Shaktikanta Das. With inflation at 6.2 per cent and GDP growth slowing, Malhotra faces critical decisions on India’s monetary policy.
Sanjay Malhotra, who is currently serving as the Revenue Secretary in the Finance Ministry will now replace Shaktikanta Das, whose tenure comes to an end on Tuesday, December 10.
Sanjay Malhotra's appointment is effective December 11, 2024, and will continue for three years, as per an official notification from the Department of Personnel and Training on Monday.
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