RBI will take action as required to keep inflation within expected limits, says Finance Minister Sitharaman

At a post budget industry event in Jaipur Monday, the Finance Minister noted that inflation is unique to each country in the emerging markets & the RBI will take the required steps.

Nirmala Sitharaman during a press conference | Photo: Suraj Singh Bisht | ThePrint

The Reserve Bank of India will take necessary steps to manage inflation within “expected limits,’ Finance Minister Nirmala Sitharaman said on Monday.

“In emerging markets, the situation is unique to each of the countries. In that I think, RBI is watching the Indian economy and taking a call as and when it is required,” Sitharaman said.

Sitharaman was speaking in a post budget industry event in Jaipur.

 

(Reporting by Nikunj Ohri; Editing by Kim Coghill)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.