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RBI Governor Malhotra Urges IIT Kanpur Graduates to Question Status Quo

He tied his four guiding principles to the RBI’s strategic repo rate cuts this year.

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Overview

  • In his convocation address at IIT Kanpur, Malhotra urged graduates to challenge established norms and commit to lifelong learning.
  • He outlined four guiding principles: continuous learning, questioning the status quo, pursuing virtuous karma, and building trust through integrity.
  • He cited career examples—from reforming civil service promotions in Rajasthan to boosting productivity at the United Nations—to show how questioning norms drives improvement.
  • Under Malhotra’s leadership, the RBI’s monetary policy committee has cut the repo rate by 100 basis points to 5.5 per cent between February and June.
  • He emphasized that integrity forms the foundation of leadership and recalled trust-based campus relationships as models for ethical bonds.