RBI governor signals no policy change despite inflation dip

India’s central bank governor Shaktikanta Das signaled no immediate plans to cut interest rates despite recent easing in inflation. Speaking at a forum in Singapore, he stressed the importance of maintaining a target inflation rate of 4%. The Reserve Bank of India has kept interest rates unchanged for over 18 months.

Sep 13, 2024 - 10:00

RBI governor signals no policy change despite inflation dip

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India’s central bank governor Shaktikanta Das signaled no immediate plans to cut interest rates despite recent easing in inflation. Speaking at a forum in Singapore, he stressed the importance of maintaining a target inflation rate of 4%. The Reserve Bank of India has kept interest rates unchanged for over 18 months.