Blog · 28 Oct 2026
Central bank Governor Sanjay Malhotra flags need for 'prudent borrowing' as states face fiscal management challenges
RBI Governor Sanjay Malhotra urged states to improve spending quality, adopt prudent borrowing and strengthen cash management to ensure fiscal sustainabil…
RBI Governor Sanjay Malhotra urged states to improve spending quality, adopt prudent borrowing and strengthen cash management to ensure fiscal sustainability.
He also called for wider use of digital platforms for lending and direct benefit transfers.