News > RBI Governor says inflation to remain above 6% in October, even though it harms India’s growth

RBI Governor says inflation to remain above 6% in October, even though it harms India’s growth

As India’s banking regulator hopes to keep inflation below 7 per cent in October, RBI Governor Shaktikanta Das has acknowledged that anything above 6 per cent can still harm India’s economic growth. Sudden jolt by the war As rising oil prices and a weak rupee keep exerting pressure to expand inflation, Das said that the RBI is committed to bringing down inflation to 4 per cent in line with the original target.