devdiscourse · 3d
RBI Governor Malhotra: Market Forces Shape Rupee Value
Reserve Bank Governor Sanjay Malhotra emphasized market dynamics dictate the rupee's value against the US dollar. The RBI focuses on medium to long-term stability rather than daily fluctuations. The recent rate cut aligns with growth projections,
cnbctv18 · 4d
RBI MPC Meeting Highlights: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said that inflation is easing, supported by a favourable food price outlook. Food inflation is expected to decline further,
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