RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch mode
- Posted on June 24, 2026
- By Business News Today
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- 1 min read
RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch mode
Reserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approach. While acknowledging moderating risks from West Asia and falling crude prices, the RBI remains vigilant about potential inflation pressures and second-round effects. The focus is on monitoring fuel price impacts and monsoon progress before making definitive policy decisions.
