In an unexpected move, India has appointed Sanjay Malhotra as the new governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das.

The Reserve Bank of India (RBI) has decided to maintain the repo rate at 6.5% for the eleventh consecutive time, reflecting concerns over slowing economic growth and rising inflation.

Tata Motors, Trent, Maruti Suzuki, Shriram Finance, SBI, Bajaj Finance and HDFC Life were among major gainers in today's trade.

RBI has announced that for the week ending September 11, bank credit jumped by 5.26 percent to 102 lakh crore INR. Deposits jumped by nearly 12 percent to Rs 142 lakh crore.

RBI MPC has kept key rates unchanged as the main aim of the Reserve Bank of India right now is to keep inflation under control.

RBI has left key rates unchanged in its latest policy meeting. Many market experts were expecting RBI to keep the rates unchanged and this is more in line with market expectations.