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The Reserve Bank of India is not behind the curve on inflation, and “truly and sincerely” believe the central is in sync with the requirements of the economy, said Governor Shaktikanta Das at a banking event on Friday.
The tolerance of high inflation during the pandemic was a necessity and we stand by our decision, because if we had adopted tighter policy, it would have been disastrous for the economy that contracted 6.6 pc in FY22, he said.
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