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Restoring inflation-growth balance key task for Malhotra

Mint Mumbai

|

December 11, 2024

Restoring the growth-inflation balance will be the most important task ahead for the new Reserve Bank of India Governor Sanjay Malhotra as he takes charge on Wednesday, said the outgoing Governor Shaktikanta Das.

- Gopika Gopakumar & Shayan Ghosh

Restoring inflation-growth balance key task for Malhotra

"I think restoring the inflation-growth balance is the most important task ahead of the Reserve Bank, and I am sure the team RBI, under the leadership of the new governor, will take it forward," said Das in his final media address.

Das also listed other challenges awaiting the central bank, including a changing global order and cybersecurity concerns, even as he expressed optimism about his successor's capabilities.

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