RBI governor signals no policy change despite inflation dip

Quick Summary:

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.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaSingapore

Topics: Loan EMIs RBI governor Shaktikanta Das Reserve Bank of India Shaktikanta Das Repo rate cut Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 11:50:25 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22488181

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About Times of India

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Official Website: timesofindia.indiatimes.com

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