Explainer
Sanjay Malhotra is the new RBI Governor
Malhotra replaces Shaktikanta Das whose six year tenure comes to an end on December 10, 2024.
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Malhotra replaces Shaktikanta Das whose six year tenure comes to an end on December 10, 2024.
RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.