Economic Indicators

India’s outgoing cenbank chief Das emphasises on restoring growth-inflation balance

2024.12.10 01:58

MUMBAI (Reuters) – Restoring a balance between inflation and growth in India remains an important task for the Reserve Bank of India (NS:), outgoing central bank governor Shaktikanta Das said ahead of his leaving office later on Tuesday.

© Reuters. FILE PHOTO: Reserve Bank of India (RBI) Governor Shaktikanta Das greets the media after a news conference in Mumbai, India, December 6, 2024. REUTERS/Francis Mascarenhas/File Photo

India on Monday appointed career civil servant Sanjay Malhotra as the new central bank governor in a surprise move that leaves markets guessing about the future direction of monetary policy.

Financial markets had expected Das to be handed an unprecedented second extension.



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