RBI to balance growth and inflation: Rajan
Reserve Bank of India (RBI) Governor Raghuram Rajan Tuesday said the central bank would work to strike a balance between reviving economic growth and containing inflation.
Talking to reporters after meeting newly sworn-in Finance Minister Arun Jaitley at North Block here, Rajan said controlling inflation would be one of the biggest challenges for the RBI and the government in the coming months.
"RBI has always maintained the balance between growth and inflation," Rajan said, adding the government and the RBI were on the same page when it comes to balance the need of economic growth and containing inflation.
(Posted on 27-05-2014)