RBI governor flags West Asia, monsoon risks to economy
after close1 source ↓written by the desknot a recommendation
- in June
- 4.38%
- target
- 4%
- for the April-June
- 6.6%
- previously
- 7.8%
Reserve Bank of India governor Sanjay Malhotra highlighted geopolitical tensions in West Asia and uneven monsoon rainfall as significant risks to India's economy. Retail inflation rose to 4.38% in June, surpassing the 4% target for the first time since January 2026. The RBI expects growth to slow to 6.6% for the April-June quarter, down from 7.8% previously.
Not investment advice. For informational purposes only.