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Will maintain open-door policy: RBI governor

Mumbai, Dec 17, 2024

RBI governor Sanjay Malhotra on Monday asked colleagues to "strive for perfection" and support the realisation of the Viksit Bharat vision.

The career bureaucrat appointed to lead the central bank "reassured" staffers that RBI, an "august institution", is his "family" now. "I exhort you to strive for perfection in performing our critical roles as we enter Amrit Kaal and support in the realisation of our vision of a Viksit Bharat," Malhotra, who took charge as governor on Dec 12, said in a message to staff.

Malhotra, who faces a slew of challenges, including the unsettling of the inflation-growth balance and the continuous pressure on the rupee, said, "Continuous improvements and kaizens (improvement)" are essential for any organisation to excel. "I hope you will continue to put your best foot forward and not only maintain but also improve the high standards already set," he added.

Committing to working hand-in-hand with colleagues, Malhotra said he believes in working as a team and participative decision-making. "I will maintain an open-door policy and remain accessible to each one of you, irrespective of rank or seniority," the governor said, adding that he looks forward to frank and free views.

[The Times of India]

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