New RBI Governor Sanjay Malhotra has hit the ground running with two consecutive repo rate cuts, bringing the rate down to 6%. The move offers major relief to home loan borrowers, lowers EMIs, and boosts the real estate sector.

At a press briefing, Sanjay Malhotra was responding to a question on whether more interest rate cuts are on the horizon. This came right after the RBI Governor announced a repo ra

The RBI aims to maintain banking system liquidity near 1% of total deposits—around ₹2 trillion—to support policy rate transmission, Governor Sanjay Malhotra said. He stressed flexibility, adding the RBI would act as needed.