The Reserve Bank of India Governor, Raghuram Rajan today said the apex bank will initiate talks with the government for an appropriate time frame to ensure the inflation target of 2 to 6 per cent of the economy. Delivering the keynote address at Bharat Ram Memorial Seminar in FICCI house New Delhi, Mr Rajan said, the RBI will ensure a conducive environment for sustainable environment and provide a glide path towards lowering inflation. He also emphasized to incentivise domestic savings so that the lending capacity of banks would increased for infrastructure projects.
News On AIR | December 12, 2014 2:00 PM
RBI, govt to hold talks on timeline for 2-6% inflation target