Reserve Bank of India (RBI) Governor Shaktikanta Das and Deputy Governors Michael Debabrata Patra and M Rajeshwar Rao discussed a range of issues at a post-monetary policy committee (MPC) press briefing. Edited excerpts:
Last time you stressed that it was a pause not a pivot. Should we interpret it as pivot this time?
Das: I would mention only if there is a change. It was a pause in this meeting of the MPC, and I have not said…