I would like to mention here that the Reserve Bank’s exchange rate policy has remained consistent over the years. Our stated objective is to maintain orderliness and stability, without compromising market efficiency,

Governor, Sanjay Malhotra, on Friday said that India can definitely clock a growth rate of more than 7 per cent. Speaking at the post-MPC press conference, the governor said that India should aspire to achieve the 7-plus growth rate.

Reserve Bank of India’s (RBI) new governor Sanjay Malhotra on Friday said that India can achieve a 7 per cent plus growth rate and the country should aspire for it.