Sanjay Malhotra, Indias newly appointed central bank head, is a detail-oriented bureaucrat with a reputation for long hours and meticulous work. A 56-year-old Princeton-educated civil servant, ...
The Reserve Bank of India (RBI) cut the cash reserve ratio (CRR) by 50 basis points to inject liquidity into the banking system. Economists predict this effect will be short-lived, requiring the RBI ...