CosmicTaco

New RBI Governor Sanjay Malhotra Vows Stability

CosmicTaco · 2024-12-12T11:12:35.653028+05:30

- Sanjay Malhotra, newly-appointed RBI Governor, emphasizes policy stability for economic benefit in his inaugural press conference. - Malhotra's unexpected appointment leaves markets uncertain about future monetary policy directions. - Under the previous governor, Shaktikanta Das, the central bank kept interest rates unchanged and eased banking system liquidity conditions. Source: [Reuters](https://www.reuters.com/business/finance/indias-newly-appointed-central-bank-chief-commits-policy-continuity-2024-12-11/)

Sanjay Malhotra, newly-appointed RBI Governor, emphasizes policy stability for economic benefit in his inaugural press conference.
Malhotra's unexpected appointment leaves markets uncertain about future monetary policy directions.
Under the previous governor, Shaktikanta Das, the central bank kept interest rates unchanged and eased banking system liquidity conditions.

Source: Reuters