Policy continuity will be priority: RBI chief

Sanjay Malhotra also reaffirmed his commitment to financial inclusion

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After taking charge on Wednesday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that policy continuity, inclusion and innovation will be priority under his governorship.

Highlighting the legacy of the RBI, Malhotra stated that "It is a huge responsibility," recognising the commendable work carried out by the central bank.

He stressed the importance of continuity in policies, saying, "Stability in policy again, very, very important... even in my previous role we tried to give stability a continuity and policy whether it is taxation policy or fiscal policy or monetary policy, I think all businesses, all people, they do need this continuity and stability, rather than, you know, a day-to-day kind of policies."