Ending weeks of speculation, the government on Monday appointed Sanjay Malhotra, currently serving as secretary in the Ministry of Finance, the 26th governor of the Reserve Bank of India( RBI) for a three-year term, effective December 11....
Malhotra is taking over the reins of the country’s central bank at a time when growth in the domestic economy has fallen to a seven-quarter low of 5.4 per cent, with increasing clamour from various quarters to cut interest rates to spur economic growth....
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2024-12-09 00:00:00.0