RBI not behind curve; tolerance of high inflation was necessity: Shaktikanta Das - Shahpur Turk CSC - Common Service Centre in Sonipat RBI not behind curve; tolerance of high inflation was necessity: Shaktikanta Das

20 June 2022

RBI not behind curve; tolerance of high inflation was necessity: Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das has refuted criticism of the central bank that it has fallen behind the inflation curve. Speaking at an event in Mumbai on Friday, Das sought to defend the policy actions, saying shifting focus to inflation management earlier would have had 'disastrous' consequences on the economy. He said that the RBI was in sync with the requirements of the economic developments.

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