Reserve Bank of India (RBI) Governor Shaktikanta Das reaffirmed the central bank’s commitment to bringing inflation within the four per cent target in the current financial year (FY25). Following the recent monetary policy announcement where the repo rate was retained at 6.5 per cent, Das highlighted:
1. Inflation is moderating while GDP growth remains robust.
2. The Monetary Policy Committee (MPC) is focused on sustaining progress towards aligning inflation with the target.
3. The financial and external sectors maintain stability and resilience.
4. As RBI approaches its centenary, focus remains on preserving stability and advancing a resilient financial sector and payment system.
RBI Governor Prioritizes Inflation Targeting and Financial Stability
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