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Sanjay Malhotra

In a bid to accelerate economic growth, RBI Governor Sanjay Malhotra announced a 25 basis point reduction in the policy repo rate.

India's retail inflation based on the Consumer Price Index (CPI) eased to a 7-month low of 3.61% in February.

The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.