Amid growing expectations of an interest rate cut by the Reserve Bank of India, RBI Governor Shaktikanta Das addressed the delicate balancing act faced by central bankers

The RBI's "primary objective" is financial stability, Das said, adding that early detection and preemptive action on any risks is the intent of the central bank.

MUMBAI: Amidst rising signs of the economy losing steam, the Reserve Bank continues to exude confidence saying despite the challenging global environment, our economy continues to remain strong led by robust macroeconomic fundamentals,

The Indian economy is “sailing through smoothly,” even as global growth faces accelerating risks ranging from geopolitical tensions to climate change, according to the country’s central bank governor.

Das said he "reserves" his comments on the monetary policy action in December when asked about Union minister Piyush Goyal's statement that the RBI should 'definitely cut interest rates'

RBI Governor Shaktikanta Das highlights Indian economy's resilience amid global headwinds and contradictions, emphasizing financial stability and growth.

RBI Governor Shaktikanta Das expressed confidence in India's economic stability amidst global uncertainties. He highlighted the country's strong external sector, robust buffers, and the RBI's proactive measures in navigating challenges like inflation and geopolitical tensions.