New RBI governor faces ‘trilemma’ of growth, inflation, rupee-dollar rate – Times of India
New RBI governor Sanjay Malhotra MUMBAI: RBI’s incoming governor Sanjay Malhotra faces the challenge of balancing economic growth, inflation, and exchange rate stability – a battle that outgoing governor Shaktikanta Das was still fighting. At the same time, he has to deal with regulatory reforms affecting bank lending, curbing digital fraud, and addressing retail financial…