-Calls for joint push to revive entrepreneurial spirit, ensure financial and price stability

New Delhi/Mumbai, Aug 25 (HS): Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday urged banks and corporates to work together in boosting fresh investments and reviving the country’s entrepreneurial spirit. Addressing FIBAC 2025, jointly organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks’ Association (IBA), Malhotra stressed that sustainable growth requires both financial stability and price stability.

Positioning India at a “critical juncture amid a volatile global environment,” the governor said that growth boundaries must be pushed further to seize upcoming opportunities. Highlighting that India’s economy has expanded multiple folds and remains a symbol of resilience and optimism, Malhotra underlined the RBI’s dual commitment — to price stability as its primary policy objective, while keeping long-term growth in focus.

He further noted that the central bank will continue efforts to improve ease of doing business and ensure that monetary policy is implemented with both stability and growth considerations in balance.

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Hindusthan Samachar / Jun Sarkar