RBI Governor Malhotra Links Price Stability to Financial Stability
· Business · Business Standard
RBI Governor Sanjay Malhotra stated that price stability cannot be achieved without financial stability. He made the remarks during a speech at an RBI event in Mumbai. The governor emphasized the interdependence of monetary and financial system health. No specific policy measures or timelines were announced in the address.
Why it matters
This highlights the RBI's policy priority for maintaining overall economic stability, which directly affects inflation control and banking sector health in India. Stakeholders including banks, businesses, and households are impacted by the central bank's dual focus on price and financial stability.
Read the original report — Business Standard
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