Confidence, inflation targets improved says Reddy

Reserve Bank of India governor YV Reddy said on 10 November that the brighter outlook for the global economy increased confidence that India would hit its growth and inflation targets, Reuters reported.

Source: Reuters

India's Central Bank governor said on Monday confidence of hitting the bank's recently improved growth and inflation targets for the current fiscal year had risen because the global outlook had brightened. Y.V. Reddy said on the sidelines of a Bank of International Settlements (BIS)

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