Brokerages are split over new RBI governor's rate move

Sanjay Malhotra, the incoming RBI chief, is expected to focus on growth and technology adoption within the banking sector. Brokerages are divided on whether he will prioritize faster interest rate easing. While some anticipate a more accommodative monetary policy given his finance background, others believe the chances of a rate cut have diminished.

Dec 11, 2024 - 05:00
Brokerages are split over new RBI governor's rate move

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Sanjay Malhotra, the incoming RBI chief, is expected to focus on growth and technology adoption within the banking sector. Brokerages are divided on whether he will prioritize faster interest rate easing. While some anticipate a more accommodative monetary policy given his finance background, others believe the chances of a rate cut have diminished.
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