Section

Question of change in stance on interest rate quite premature given present level of inflation: RBI Guv Das

By Economic Times - 4 months ago
Reserve Bank of India Governor Shaktikanta Das stated that any consideration of changing the interest rate stance is premature, emphasizing the significant gap between current inflation levels and the targeted 4 percent. In an interview with CNBC-TV18, Das indicated that achieving sustained Consumer Price Index (CPI) inflation at 4 percent remains crucial before revisiting the stance.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.