Reserve Bank of India elevates five senior officers

Kiswahili

The Reserve Bank of India has promoted five senior officers to the rank of executive director. Four belong to the common seniority group cadre and one comes from the department of statistics and information management cadre.

The central bank announced the elevation of Gunveer Singh, Monisha Chakraborty, Suman Ray and Sudhakar Malli from the common seniority group cadre. Ravi Shankar, who was selected from the department of statistics and information management cadre, also received the promotion to executive director.

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RBI headquarters with repo rate display amid West Asia conflict indicators, for monetary policy news illustration.
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RBI holds repo rate at 5.25% amid West Asia conflict

Imeripotiwa na AI Picha iliyoundwa na AI

The Reserve Bank of India's Monetary Policy Committee on Wednesday kept the key policy rate, the repo rate, unchanged at 5.25 per cent. Amid uncertainties from the West Asia conflict, the committee retained its neutral stance. It has lowered the GDP growth forecast to 6.9 per cent for FY27.

Reserve Bank of India expected to hold policy rate steady

A majority of economists expect the Reserve Bank of India to keep its policy rate unchanged at the June meeting. Geopolitical tensions and adverse weather forecasts are cited as key factors behind the anticipated decision.

ED arrests two former Reliance executives in loan fraud case

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The Enforcement Directorate arrested two former Reliance Anil Ambani Group executives on June 12, 2026, in connection with a ₹114.98 crore loan fraud case involving State Bank of India.

Business

State Bank of India board clears record Rs 60,000 cr fundraise in FY27

Politics

President appoints three new ministers in Puducherry

Economy

Indian banks seek rbi easing of guarantee curbs for nri funds

New Army chief and senior officers take charge in major military leadership changes

General Dhiraj Seth assumed the role of Chief of Army Staff on July 1. Several other top appointments were made in the Indian Army and Air Force the same day.

Maharashtra to review quota rule barring reserved candidates from open posts

Imeripotiwa na AI

The Maharashtra government is set to review its recent policy barring reserved category candidates who avail relaxations from competing for open category posts. Chief Minister Devendra Fadnavis directed the cabinet decision to the Advocate General for legal scrutiny after objections by Shiv Sena minister Sanjay Rathod. The review follows concerns over potential conflicts with Supreme Court rulings.

General NS Raja Subramani nominated as next chief of defence staff

General NS Raja Subramani has been nominated as the next Chief of Defence Staff. He is scheduled to take charge on May 31. The appointment comes as India continues efforts to strengthen military integration.

West Asia war’s second-round effects real concern, RBI in wait-and-watch mode: Governor Sanjay Malhotra

Imeripotiwa na AI

Reserve Bank of India Governor Sanjay Malhotra said the central bank is in “wait and watch mode” amid uncertainties from the West Asia war, with second-round effects being the real concern. In a speech at Princeton University on April 18, he stressed preventing supply shocks from embedding in price levels through inflation expectations rather than demand compression. He highlighted India’s significant exposure to the region.

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General Dhiraj Seth takes charge as Chief of Army Staff

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Haryana IAS officer remanded in judicial custody over bank fraud

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HDFC Bank extends Keki Mistry interim chairman tenure

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Centre notifies appointment of five supreme court judges

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RBI plans CBDC pilot expansion for cross-border use

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Collegium recommends four chief justices and senior advocate for Supreme Court

 

 

 

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