New Delhi, Aug. 6 -- Reserve Bank of India Governor Sanjay Malhotra on August 6 announced three consumer centric decisions along with the monetary policy committee (RBI MPC) outcome today.

He added that these are aimed at the interest and welfare of citizens, including those at the bottom of the pyramid.

"Let me underline that for us at RBI, the interest and welfare of the citizens of India is foremost. It is the people of India, including those at the bottom of the pyramid, who are our raison detre, or the reason of our being. In this regard, I have three consumer-centric announcements to make," Sanjay Malhotra stated.

RBI Governor Sanjay Malhotra on August 6 announced that the central bank's monetary policy committee meet has decided...