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RBI's goal is to balance growth, inflation: Rajan

RBI's goal is to balance growth, inflation: Rajan

Reserve Bank of India governor Raghuram Rajan said fighting inflation would continue to be a top priority, although the central bank will also aim to strike a balance between promoting economic growth and containing inflation.

Reserve Bank of India governor Raghuram Rajan Photo: Reuters Reserve Bank of India governor Raghuram Rajan <em>Photo: Reuters</em>

Reserve Bank of India governor Raghuram Rajan said on Tuesday fighting inflation would continue to be a top priority, although the central bank will also aim to strike a balance between promoting economic growth and containing inflation.

Rajan was speaking to reporters after meeting new Finance Minister Arun Jaitley in the capital.

"It's absolutely a task that the government and the RBI are engaged with," Rajan said when asked if curbing inflation was going to be one of the biggest tasks for the government and the RBI.

But Rajan also added: "RBI has always maintained the balance between growth and inflation."

Published on: May 27, 2014, 1:49 PM IST
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