RBI's goal is to balance growth, inflation - Rajan

NEW DELHI Tue May 27, 2014 12:54pm IST

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai April 17, 2012. REUTERS/Vivek Prakash/Files

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai April 17, 2012.

Credit: Reuters/Vivek Prakash/Files

Related Topics

NEW DELHI (Reuters) - Reserve Bank of India governor Raghuram Rajan said on Tuesday fighting inflation would continue to be a top priority, although the central bank will also aim to strike a balance between promoting economic growth and containing inflation.

Rajan was speaking to reporters after meeting new Finance Minister Arun Jaitley in the capital.

"It's absolutely a task that the government and the RBI are engaged with," Rajan said when asked if curbing inflation was going to be one of the biggest tasks for the government and the RBI.

But Rajan also added: "RBI has always maintained the balance between growth and inflation."

(Reporting by Manoj Kumar)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Shares Hit Record

Sensex, Nifty rise to second consecutive record high

Sensex surges 500 points on BOJ easing, L&T gains

The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro.  Full Article 

REUTERS SHOWCASE

Wilful Negligence?

Wilful Negligence?

SEBI piles pressure on Sahara to sell overseas hotels  Full Article 

Indian Economy

Indian Economy

India's fiscal deficit in H1 almost 83 pct of full-year target.  Full Article 

M&M Earnings

M&M Earnings

M&M Q2 net profit down 4 percent, hit by poor monsoon.  Full Article 

Ban on E-Cigs?

Ban on E-Cigs?

Govt considers ban on e-cigarettes, sale of single smokes.  Full Article 

Commodities

Commodities

Silver futures in India hit four-year low on global cues.  Full Article 

BOJ Policy

BOJ Policy

BOJ shocks markets with surprise easing as inflation slows.  Full Article 

Shadow Banking

Shadow Banking

China's shadow banking sector growing rapidly, third largest in world - FSB.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage