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flag RBI Governor highlights low inflation but focuses on long-term outlook for future policy decisions.

flag 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. flag The Monetary Policy Committee (MPC) meeting on August 4-6 will decide on potential rate cuts, with the policy announcement on August 6. flag Malhotra also addressed concerns over corporate ownership conflicts and highlighted the importance of efficient payment systems like India's UPI.

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