RBI to reassess growth-inflation dynamics at next MPC meeting

RBI Governor Sanjay Malhotra said the Monetary Policy Committee will reassess the dynamics between growth and inflation at its forthcoming meeting.

On the inflation front, Malhotra noted that rising crude oil prices will have an impact, though the extent will depend on how much of the increase is passed through to consumers. The comments suggest the central bank is closely monitoring global oil movements and their domestic spillover effects.