In a significant move, the Government of India has appointed Sanjay Malhotra, the current Revenue Secretary, as the next Governor of the Reserve Bank of India (RBI). As per a notification issued by the Department of Personnel and Training (DPoT), Malhotra will take on the prestigious role for a period of three years.
Shaktikanta Das
RBI Lowers Repo Rate by 25 bps to 6%, Second Cut in Two Months
GoldSilverReports.com — RBI Repo Rate Cut – The Reserve Bank of India (RBI) today cut its repo rate, or the rate at which it lends to banks, by 25 basis points to 6%.
BREAKING NEWS – Shaktikanta Das Is New RBI Governor
“The Appointments Committee of the Cabinet has approved the appointment of Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Economic Affairs, as Governor, Reserve Bank of India for a period of three years,” said a government statement.
Shaktikanta Das, India’s Sherpa, G20
Shaktikanta Das, India’s Sherpa, G20 ✅ Government is engaged with the U.S., support measures will be WTO complaint. ✅ Trade war is a matter of concern for sustenance of revival of international growth. ✅ China, U.S. will have to look at the impact on downstream industries. ✅ India’s share is too small to impact …