Sanjay Malhotra who is a current Revenue Secretary has been appointed as the new Reserve Bank of India (RBI) Governor. According to a statement from the administration, he will take over the office on Wednesday and serve for the next three years.Malhotra is an Indian Administrative Service (IAS) officer from the Rajasthan cadre enrolled in ...

The Reserve Bank of India (RBI) has announced its third bi-monthly monetary policy for FY24, keeping the repo rate unchanged at 6.5%. The central bank has raised the repo rate by 250 basis points since May 2022. The RBI is maintaining a pause on policy rates, with a focus on external resilience and core inflation. ...