Added on December 7, 2022
KV Network
Worst of inflation behind us, but no room for complacency: Shaktikanta Das
Mumbai, Dec 7 (PTI) The worst of inflation is behind us, but there is no room for complacency in the fight against price-rise, RBI Governor Shaktikanta Das said on Wednesday.
Das also said that from a growth perspective, India stands out as an isle of resilience in a “gloomy world” which is staring at slowing growth with possibilities of recession in some countries, Das told reporters in the post-policy review.
Earlier in the day, the RBI’s rate-setting panel resolved to go for a 35 basis points hike in the key interest rates, taking the cumulative rate hikes to 2.25 per cent since May 2022.