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

By Economic Times - 5 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.

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