*RBI Governor Sanjay Malhotra’s Bold and Unorthodox Approach* In his third monetary policy announcement, RBI Governor Sanjay Malhotra displayed confidence and composure, signaling that he has settled into his role. As a computer engineer with a distinctive communication style, Malhotra stands out from traditional central bankers. His policy shift on Monday marked a clear departure from conventional ambiguity—he decisively indicated a pause in the rate cycle, rather than leaving room for speculation. Malhotra’s strategy included halving the bank rate, reducing the Cash Reserve Ratio (CRR), and sending a clear message that the RBI had done its part to manage inflation, and it was now the government’s turn to act. The CRR cut, down from 4% to 3%, was aimed at boosting liquidity without relying solely on rate cuts. *Analysts suggest this move reflects a structural, not cyclical, shift—emphasizing regulatory reforms like the liquidity coverage ratio and signaling a deeper, long-term economic vision.* Malhotra’s approach challenges the norms of central banking, showing boldness in policy and clarity in communication.