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RBI will remain alert and agile to meet challenges: New Guv Malhotra

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  New RBI Governor Sanjay Malhotra on Wednesday said the central bank will maintain continuity an stability in policy matters, but emphasised on the need to remain "alert and agile" in the wake of the c

The article from MSN discusses the appointment of Ajay Malhotra as the new Governor of the Reserve Bank of India (RBI). Malhotra, in his inaugural address, emphasized that the RBI will continue to be vigilant and proactive in addressing economic challenges. He highlighted the importance of maintaining financial stability, managing inflation, and fostering economic growth. Malhotra also spoke about the need for the RBI to adapt to global economic changes, including digital currencies and fintech innovations, while ensuring regulatory frameworks are robust. He assured that under his leadership, the RBI would strive to balance growth with stability, keeping an eye on both domestic and international economic developments.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/politics/government/rbi-will-remain-alert-and-agile-to-meet-challenges-new-guv-malhotra/ar-AA1vETXd ]