RBI dy guv wants repo over next yr’s inflation rate

Times of India LogoTimes of India1 mo ago

RBI dy guv wants repo over next yr’s inflation rate

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RBI deputy governor Michael Patra has called for taking the repo rate above the four quarters-ahead forecast of inflation.

His call came even as RBI governor Shaktikanta Das flagged inflation as a “major concern”.

Patra had a warning on growth.“It is important to condition public perceptions and expectations that growth will be closer to 6% than to 7% in FY24 as a result of monetary tightening.

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Article Details

Author / Journalist: TNN

Category: Economy

Topics: Shaktikanta Das RBI Business news Repo Inflation Growth Michael Patra

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 06:30:00

News Timezone: GMT +5:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 433 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 5169

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