RBI governor Malhotra promises best batting for public good
• Sanjay Malhotra, the 26th Governor of the Reserve Bank of India (RBI), has taken over Mint Street.
• He pledges to uphold public trust in the central bank and make appropriate decisions in public interest.
• Malhotra emphasizes the importance of technology and innovations to enhance financial inclusion and expansion.
• He resisted commenting on issues like growth and inflation in his first press conference.
• He pledges to be agile to challenges while maintaining continuity and stability.
• Malhotra will make Mumbai his home for at least three years and will gain firsthand experience of Mumbai and India’s financial capital.
• He emphasizes the importance of external expertise in monetary policy management and financial inclusion