Economy outlook: RBI Governor at MPC meet says economy shows strength and stability; cautions on tariff uncertainty and inflation risk
Reserve Bank of India's Governor Sanjay Malhotra highlighted the Indian economy's strength and stability at the recent MPC meeting, advocating for vigilance regarding evolving US tariffs. The MPC voted to maintain the short-term lending rate at 5.5%. Members favored a data-driven, neutral stance, acknowledging resilient growth alongside concerns about global risks and uneven industrial performance.
Reserve Bank of India's Governor Sanjay Malhotra highlighted the Indian economy's strength and stability at the recent MPC meeting, advocating for vigilance regarding evolving US tariffs. The MPC voted to maintain the short-term lending rate at 5.5%. Members favored a data-driven, neutral stance, acknowledging resilient growth alongside concerns about global risks and uneven industrial performance. What's Your Reaction?
