Sanjay Malhotra moves to head the country's central bank — the Reserve Bank of India( RBI) — at a time when the retail inflation is ruling above the comfort zone and the economic growth has slowed down....
So, the first and foremost task will be to rein in inflation, measured by consumer price Index( CPI), and align it with the target of 4 per cent, and take steps to support economic growth....
Now, going forward, the central bank will have to also start focusing on growth, she added....
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2024-12-10 00:00:00.0