Exclusive: RBI Governor's claim, now inflation will be a less, big opportunity in India

Today, not only india but the whole world is troubled on the economic front. In such a situation, RBI governor Shaktikanta Das had a special conversation with Anil Singhvi, Managing director of Zee Business. RBI governor looks confident about controlling inflation

Today the whole world is troubled by inflation. india is also no exception to this. Controlling rising inflation is the biggest priority today. Many countries today are passing through a period of economic anarchy. There are many challenges on the economic front. The biggest responsibility for dealing with these challenges lies with the reserve bank of india today. Our partner channel Zee business has an exclusive conversation with RBI governor Shaktikanta Das on all issues related to the economy. 

Talking about the issue of inflation, the RBI governor said that it is a global issue today. The countries of the West are more affected by this. However, india is also troubled. Shaktikanta Das claimed that the peak of inflation has become in India. Now gradually it has to be reduced. Due to the efforts of RBI, there has been a sharp decrease in food items. He has expressed hope that inflation will come under control by june next year. It is expected to reach 5 percent by June.

When asked if inflation is coming down, will the interest rates not increase now? He kept silent on this. He said that it is not possible to give any estimate on the interest rates as of now. Controlling inflation is our priority. We will do whatever is necessary for this.

Shaktikanta Das claimed that the increase in interest rates is going to have a marginal impact on growth. India's position is stronger than the rest of the world. He said that a slowdown has started appearing in many countries of the world, but our situation is good. Right now, with a good monsoon, better yield is expected in the agri sector. This will give a lot of support to the economy. However, he acknowledged that GDP growth in the first quarter has been lower than expected.

RBI governor said that our first eye is on the credit growth of banks. RBI keeps on warning banks from time to time. The difference between the interest rate and the deposit rate is gradually reducing. 

He also said many things about wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital lending. He said that RBI has issued many guidelines regarding this. This will prove beneficial for the customers. He said that customers should take loans from registered companies only. 

When asked about the country's declining forex reserve, he said that India's position in this matter is very strong. Forex reserve has an important role in keeping the rupee stable. The rupee has seen less fall in comparison to other currencies of the world.

He said that today there is a big opportunity in India. RBI governor said that I am confident about India's growth. This is going to bring a big opportunity for investors around the world.