Governor Sanjay Malhotra explains Reserve Bank’s role in India’s growth
- Posted on April 21, 2026
- By Financial Express
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- 1 min read
Governor Sanjay Malhotra explains Reserve Bank’s role in India’s growth

The Reserve Bank of India is the backbone of India’s financial system, responsible for monetary policy, currency management, and regulation of banks and financial companies. Governor Sanjay Malhotra highlights the central bank’s role in maintaining price stability, financial stability, and its developmental role in projects such as Jan Dhan, UPI, and Central Bank Digital Currency.