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Shaktikanta Das Discusses India's Economic Resilience and RBI Policies with CNBC

Shaktikanta Das Discusses India's Economic Resilience and RBI Policies with CNBC

Shaktikanta Das, the governor of the Reserve Bank of India, joined CNBC's Tanvir Gill in an exclusive interview, shedding light on India's current economic landscape. Despite global economic challenges, Das emphasized that India's growth story remains robust. The RBI's carefully crafted policies continue to underpin this resilience. Discussing the country's inflation outlook, Das noted that while inflationary pressures persist, the RBI is committed to maintaining price stability. This balance aims to sustain economic growth while safeguarding the purchasing power of its citizens.

Interest rates were also a significant topic during the interview. Das explained that the RBI is taking a calibrated approach to interest rate decisions, ensuring they support growth without exacerbating inflation. By carefully monitoring global and domestic factors, the RBI aims to make informed choices that will benefit the overall economy. India's economic fundamentals, strong policy measures, and a proactive reserve bank team position the country well for continued growth and stability. As the world watches, India's financial sector stands as a testament to intelligent and adaptive economic management.