- Shaktikanta Das, governor of the Reserve Bank of India, defended the central bank’s stance on regulating inflation by saying that it has been a constant effort to keep “Arjuna’s eye” on inflation ahead of the monetary policy committee (MPC) meeting on Thursday.
- Speaking at the IBA-FICCI Annual Banking Conference, Das claimed that by keeping rates low and avoiding premature tightening, “we avoided a “total collapse of the economy.”
