[India] - Strengthening principles crucial to navigating international unpredictabilities: RBI Guv

INSUBCONTINENT EXCLUSIVE:
Shaktikanta Das, RBI Governor | (Photo: Shutterstock)2 min read Last Updated : Sep 24 2024 | 4:28 PM IST Strengthening core fundamentals
Fundamentals, Das said, would include commitment to an inflation target, maintaining reserve buffers, and following prudent and forward
uncertain world
Fundamentals would include commitment to an inflation target, maintaining buffers in the form of reserves, and following a prudent and
forward looking approach in financial sector policies
This approach, together with prudence in fiscal management, will go a long way in enhancing the resilience of EMEs (emerging market
emerge stronger from the crisis
The Indian economy today demonstrates vastly improved macroeconomic fundamentals and buffers
Unlike many central banks which are narrowly focused on price stability using monetary policy, the Reserve Bank has a wider canvas of
functions
It is not just responsible for maintaining price stability, but also has the larger responsibility of maintaining financial stability as the
24 2024 | 3:42 PMIST