RBI will continue to act to support growth: Governor

RBI Governor Sanjay Malhotra assured that the central bank will continue to take necessary steps to support India’s economic growth amid global trade uncertainties. He also expressed optimism about an amicable resolution to ongoing trade negotiations

Mumbai: Amid uncertainties over global trade front, Reserve Bank Governor Sanjay Malhotra on Wednesday said the central bank is taking all necessary steps to support economic growth.

“We will continue to do whatever is required to be done in such a scenario. Of course, trade negotiations are still continuing. We are hopeful that we will have an amicable solution,” he said during a post-monetary policy media interaction here.

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The RBI has taken a number of measures to support growth not only on monetary policy or liquidity side but on prudential regulation side as well steps have been taken, he said.