RBI Governor | DD News

August 5, 2026 3:55 PM

RBI targets circulation of polymer currency notes by next FY

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said the central bank is targeting the circulation of polymer currency notes by the beginning of the next financial year. “The polymer currency notes have enhanced durability and life. The polymer currency is relevant for high-velocity lower-denomination notes. These notes have been in circulation for more than 30 years in various countries," said Malhotra while addressing the press at the post-Monetary Policy Committee (MPC) o...

December 23, 2025 11:10 AM

Indian economy poised for strong growth despite global headwinds: RBI Governor

Despite an unfavourable and challenging global environment, the Indian economy has demonstrated remarkable resilience and is poised to register robust growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said. “The headroom provided by the inflation outlook has allowed us to remain growth-supportive,” Malhotra said in the RBI’s December Bulletin. He added that the central bank would continue to meet the productive requirements of the economy in a proactive manner while ensuring ma...

December 5, 2025 11:34 AM

Rare goldilocks period: RBI Governor points to India’s high economic growth, low inflation phase

RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that marks high economic growth and exceptionally low inflation. The RBI reduced the policy repo rate by 25 basis points to 5.25 per cent, following a unanimous decision of the Monetary Policy Committee (MPC) at its meeting held from December 3 to 5. The committee cited strong growth indicators and sharply lower inflation as key factors enabling the rate cut. Announcing the ...

December 5, 2025 10:58 AM

RBI Governor revises inflation outlook downward to 2% for FY26, cuts projection by 0.6%

The Reserve Bank of India (RBI) on Friday revised its inflation outlook for the current financial year, FY26, projecting Consumer Price Index (CPI) inflation at 2 per cent—down by 0.6 percentage points from its earlier estimate. The announcement was made by RBI Governor Sanjay Malhotra while presenting the monetary policy. He said, “Inflation is likely to be softer than what was projected in October, mainly due to the fall in food prices. Considering all these factors, CPI inflation for th...

December 5, 2025 10:18 AM

RBI cuts repo rate by 25 bps to 5.25% amid robust GDP growth, record-low inflation

The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points, bringing it down to 5.25 per cent. The decision was announced by RBI Governor Sanjay Malhotra after the conclusion of the three-day Monetary Policy Committee (MPC) meeting held from December 3 to 5. Governor Malhotra said the MPC conducted a detailed assessment of evolving macroeconomic conditions and the economic outlook before unanimously deciding to implement the rate cut with immediate effect. Announcing t...

December 5, 2025 10:08 AM

RBI Governor to announce policy rate today; experts split as Economists expect pause, Industry eyes cut

Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate on Friday as the three-day Monetary Policy Committee (MPC) meeting concludes. Financial markets remain divided on expectations, with economists largely anticipating a status quo, while several industry leaders argue that conditions are favourable for a rate cut. Economists believe the central bank may maintain its current stance, supported by robust economic indicators. India’s strong GDP growth of 8.2 per cent...

October 3, 2025 7:49 PM

India stands out as rare anchor in volatile world: RBI chief

Despite global turbulence caused by trade friction and geopolitical shocks, India has been able to stand out as a rare anchor of stability in a volatile world, RBI Governor Sanjay Malhotra said on Friday. In his address at the fourth Kautilya Economic Conclave in Delhi, Malhotra said policy continuity, institutional resilience and reform momentum have enabled India to avoid major financial crises and remain among the fastest-growing large economies, with inflation projected to return to the RBI...

August 29, 2025 3:06 PM

Centre names former RBI governor Urjit Patel as IMF Executive Director for 3 years

The government has approved the appointment of former Reserve Bank of India (RBI) governor Dr. Urjit Patel as Executive Director at the International Monetary Fund (IMF) for a three-year term. Patel’s appointment follows the abrupt termination of Krishnamurthy V. Subramanian’s services, which ended his term about six months early. He is widely regarded as a key architect of India’s inflation-targeting framework for monetary policy. A Kenyan-born Indian economist, Patel began his ...

August 25, 2025 3:16 PM

India must seize growth opportunities amid global headwinds: RBI governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday stressed the critical role of monetary policy in maintaining stability and supporting growth as India moves towards becoming the world’s third-largest economy. Speaking at the FIBAC 2025 annual conference, organised by FICCI and the Indian Banks’ Association, Malhotra highlighted the need to seize emerging opportunities despite the global economic slowdown and geopolitical challenges. “We are now at a critical juncture as we ...

August 6, 2025 12:32 PM

RBI retains India’s GDP growth forecast at 6.5% for FY 2025-26

The Reserve Bank of India (RBI) on Wednesday retained its GDP growth forecast for India at 6.5% for the financial year 2025-26, citing robust rural demand supported by a favourable monsoon and continued government expenditure on large-scale infrastructure projects. RBI Governor Sanjay Malhotra said, “The above-normal southwest monsoon, lower inflation, rising capacity utilisation, and favourable financial conditions continue to support domestic economic activity. Supportive monetary, regulato...