Sanjay Malhotra

October 9, 2026 3:06 PM

RBI Signals Calibrated Tightening as World Bank Lifts India’s Growth Outlook to 7.1%

Inside This Week's Economic Brief This week's Economic Brief covers RBI's calibrated tightening stance, the World Bank's upgraded 7.1% FY27 growth forecast, India's FTA utilization push, rare earth magnet manufacturing, and Aramco's warning on thin global oil inventories. This week's edition of The Economic Brief on DD India examined five major stories: RBI Governor Sanjay Malhotra's clarification on monetary policy stance, the World Bank's upgraded growth outlook for India, a renewed push to ...

October 7, 2026 11:24 AM

RBI raises FY27 GDP growth projection by 40 bps to 7.1%

Reserve Bank of India Governor Sanjay Malhotra on Wednesday raised the central bank's real GDP growth projection for the current financial year 2026-27 by 40 basis points to 7.1 per cent, citing the resilience of domestic economic activity despite global headwinds. Announcing the outcome of the RBI Monetary Policy Committee meeting, Malhotra said geopolitical tensions, elevated international commodity prices, additional frictions in global trade and tightening global financial conditions co...

October 7, 2026 10:43 AM

RBI raises repo rate by 25 basis points to 5.50%, begins rate-hike cycle

The Reserve Bank of India has raised the policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle amid rising inflation risks, elevated global yields and resilient domestic economic activity. The decision was taken by the Monetary Policy Committee (MPC) at its latest policy review. The move marks a shift from the RBI's August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation out...

October 7, 2026 10:26 AM

RBI set to announce repo rate decision amid geopolitical tensions

The Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, is set to announce its bi-monthly interest rate decision on Wednesday amid challenging conditions, including rising inflation and crude oil prices above USD 100 a barrel, driven by tensions in the Middle East. The six-member committee will conclude its three-day review against the backdrop of rising domestic inflation and shifting global macroeconomic conditions. Economists expect the RBI to...

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...