 "RBI, B P Kanungo, Urjit Patel, N S Vishwanathan, Viral V Acharya")
Reserve Bank of India (RBI) Governor Urjit Patel and senior officials spoke to the media after the fifth bi-monthly monetary policy review for FY18 on the central bank’s decision to hold key interest rates, liquidity conditions, economic growth and bank credit. Edited excerpts:
If growth doesn’t pick up and inflationary pressures continue, what will you give more importance to going ahead?
Urjit Patel: We have a neutral stance, which means that data flow in the coming months and quarters will determine what we do regarding the policy. So the neutral stance is there for a reason — that all possibilities
