India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth
- Posted on July 2, 2026
- By Business News Today
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- 1 min read
India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth
India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation remains below the central bank's 4% target, and the economy is projected for continued robust growth.
