US Ambassador to India Sergio Gor met Reserve Bank of India Governor Sanjay Malhotra to discuss areas of enhanced cooperation, including advanced US technology. The meeting comes days after Gor assumed charge on 12 January.
The Reserve Bank of India may further cut the repo rate in December, which will make loans and EMIs cheaper. This can prove to be a big relief for people planning to buy a house.
Sanjay Malhotra, in his new role, will oversee the bank’s several functions, including monetary policy and ensuring economic stability in the country. Read further on Dynamite News:
Sanjay Malhotra will assume office on December 11, 2024 for a period of three years, according to a notification issued by the appointment committee of the cabinet: Read further on Dynamite News:
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