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RBI Governor : India is currently in a sweet spot

RBI Governor : India is currently in a sweet spot

RBI Governor : India is currently in a sweet spot

Speaking about India's economic outlook, RBI Governor Sanjay Malhotra said, "[India] is having the best of both worlds- low inflation and high growth.

That's a sweet spot to be in." He added that India is likely to remain in a prolonged period of low policy rates as long as inflation stays benign and economy isn't hit by major supply-side shock.

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