New Delhi, April 13 (IANS) India’s inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, edged up to 3.4 per cent in March compared to the same month of the previous year, according to data released by the Ministry of Statistics on Monday.The commodities that recorded the highest inflation during the month were silver jewellery, which saw a 148.61 per cent jump in prices, and gold jewellery, which clocked a 45.92 per cent increase in prices.Overall food i…
Latest RBI Governor Sanjay Malhotra News & Updates
New Delhi, April 10 (IANS) E-way bill generation clocked a robust 13 per cent year-on-year increase during March this year to touch an all-time high of 140.6 million — reflecting the high level of economic activity in the country, Goods and Services Tax Network (GSTN) data showed on Friday.The increase in e-way bill generation also increased on a month-on-month basis by 6.04 per cent from 132.59 million in February. An e-way bill is an electronically generated document mandated under the GST re…
Ahmedabad, Feb 10 (IANS) Against the backdrop of rising incidents of digital fraud and the increasing misuse of bank accounts, the Reserve Bank of India (RBI) is currently conducting “Financial Literacy Week-2026” from February 9 to 13, with a renewed focus on strengthening Know Your Customer (KYC) compliance as a key safeguard for secure banking, officials said on Tuesday. The programme has been organised annually by the RBI since 2016 to promote public awareness on important financial issues t…
Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra said on Friday that the government’s borrowing programme is on the lower side, which would enable it to raise the required resources at reasonable prices.Addressing the post-monetary policy press conference, the RBI Governor said there was a need to focus on the net borrowing figure rather than gross borrowings.“It may not be right to look at the gross borrowing number alone. There are much more redemptions in FY27 so gross borrowing is expec…
New Delhi, Jan 21 (IANS) The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for December 2025 have been estimated at 0.04 per cent and 0.11 per cent, respectively, figures released by the Ministry of Labour & Employment on Wednesday showed.The food inflation for agricultural and rural labourers stayed in the negative — (-) 1.8 per cent and (-) 1.73 per cent. respectively — as prices of food items fel…
Mumbai, Jan 5 (IANS) RBI Governor Sanjay Malhotra on Monday underlined the need for sound underwriting standards and close monitoring of asset quality by NBFCs.At a meeting held here with the Managing Directors and CEOs of select non-banking financial companies (NBFCs), including government NBFCs, housing finance companies (HFCs), and microfinance institutions, the RBI Governor further emphasised the criticality of customer-centricity, ethical conduct, and responsible lending.He also highlighted…
New Delhi, Dec 23 (IANS) Despite an unfavourable and challenging external environment, the Indian economy has shown remarkable resilience and is poised to register high growth, RBI Governor Sanjay Malhotra has said.According to him, the headroom provided by the inflation outlook has allowed us to remain growth supportive.“We will continue to meet the productive requirements of the economy in a proactive manner while ensuring macroeconomic stability,” he said in the Central Bank’s December …