Industry hails RBI’s goal to become model central bank for Global South ...Middle East

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Industry hails RBI’s goal to become model central bank for Global South
New Delhi: Industry experts on Friday hailed the status quo stance of the monetary policy, expecting the inflation trajectory to stabilise within the target band of the Reserve Bank of India (RBI), welcoming its goal to become a model central bank for the Global South in the coming times. The Central Bank has left the key interest rates unchanged in its monetary policy review as it continues to maintain a balance between economic growth and keeping inflation in check. Sanjeev Agrawal, President of the PHD Chamber of Commerce and Industry, said they are expecting the inflation trajectory to stabilise within the target band of RBI and, thereafter, soften the policy stance of the monetary poli

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