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HomeNewsOpinionRBI Governor Malhotra is the new Sheriff in town

RBI Governor Malhotra is the new Sheriff in town

Rajrishi Singhal   •

On the policy front, benchmark rates were lowered. He has relaxed many regulatory strictures, especially those that intensified risk mitigation and increased the cost of lending for regulated entities. What next is the question

Malhotra’s rapid moves so soon in his tenure resemble the actions of a freshly-anointed private sector chief executive who, on assuming office, floods the zone with new policies and hurriedly writes down previous profits

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