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Global risks, core inflation prompt RBI to hold rates
Millennium Post Delhi
|Delhi 07 August 2025
Governor affirms RBI's commitment to support growth
MUMBAI: Reserve Bank Governor Sanjay Malhotra said continuing global uncertainties, frontloading of interest rate cuts, and uptick in core inflation prompted the central bank to opt for the status quo at the bi-monthly policy review on Wednesday.
Speaking to reporters at the central bank headquarters here after announcing the policy review, Malhotra affirmed the Reserve Bank of India's (RBI's) commitment to support growth, and added that the GDP expansion at 6.5 per cent is slower than what is aspired for.
This story is from the Delhi 07 August 2025 edition of Millennium Post Delhi.
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