At a press briefing, Sanjay Malhotra was responding to a question on whether more interest rate cuts are on the horizon. This came right after the RBI Governor announced a repo ra

New RBI Governor Sanjay Malhotra has hit the ground running with two consecutive repo rate cuts, bringing the rate down to 6%. The move offers major relief to home loan borrowers, lowers EMIs, and boosts the real estate sector.

After delivering two consecutive 25 basis point cuts in key policy rates, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday suggested that another rate reduction may be on the table. The central bank shifted its monetary stance from ‘neutral’ to ‘accommodative’,

The Reserve Bank of India is expected to keep sufficient surplus in the banking system to ensure policy transmission and is looking at a level of around 1% of deposits, Governor Sanjay Malhotra said on Wednesday in his monetary policy address.

The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to boost the sluggish economy in the face of fresh U.

The Reserve Bank of India (RBI) cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to "accommodative" from "neutral" to boost the sluggish economy,