17 july 2026 (Navroze Bureau) : Reserve Bank of India Governor Sanjay Malhotra has said that controlling inflation remains the central bank’s primary mandate, while economic growth will follow from maintaining price stability.
The RBI Governor’s remarks underline the central bank’s focus on keeping inflation under control while supporting sustainable economic expansion.
Price Stability Remains Key Focus
Inflation directly affects household budgets, purchasing power, and business costs. The RBI has therefore continued to closely monitor price trends and take policy decisions aimed at maintaining price stability.
Keeping inflation within the central bank’s target range remains a key priority.
Growth to Follow Stability
The RBI Governor indicated that stable prices create a stronger foundation for economic growth. When inflation remains under control, households and businesses can make financial decisions with greater certainty.
The central bank must balance inflation management with the need to support economic activity.
RBI’s Policy Approach
The RBI regularly assesses inflation, growth, global economic developments, financial conditions, and other indicators while deciding its monetary policy stance.
The Governor’s remarks suggest that price stability will remain central to the RBI’s policy priorities.