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Июль
2024

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

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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.