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RBI Governor highlights low inflation but focuses on long-term outlook for future policy decisions.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the RBI has effectively managed inflation, now at a six-year low of 2.1%, but will focus on long-term outlooks for future monetary policy decisions.
The Monetary Policy Committee (MPC) meeting on August 4-6 will decide on potential rate cuts, with the policy announcement on August 6.
Malhotra also addressed concerns over corporate ownership conflicts and highlighted the importance of efficient payment systems like India's UPI.
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El Gobernador del RBI destaca la baja inflación, pero se centra en las perspectivas a largo plazo para futuras decisiones de política.