MUMBAI: RBI governor Sanjay Malhotra on Thursday urged banks to strengthen risk management frameworks to address credit risks associated with emerging green technologies, which have limited reliability and efficiency track records. “Regulated entities need to develop suitable capacity and technical know-how to better appraise risks in financing projects using such green technologies,” he said at…
MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and…
The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders to ensure rate reductions announced by the central bank are properly transmitted to…
RBI MPC meet: This is the first time in five years that the RBI’s MPC has decided to cut the repo rate. RBI MPC meet: The Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points. After…
RBI governor Sanjay Malhotra The Reserve Bank of India (RBI) has announced a cut in its key repo rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. The decision, which was made at the conclusion of the Monetary Policy Committee (MPC) meeting held from February 5-7, is expected…
