India’s central bank governor Shaktikanta Das says an interest rate cut at this stage would be “very, very risky” and he’s in no hurry to join the wave of easing by global policymakers.

The head of India's central bank said on Friday that it would be "very premature" and risky to lower interest rates at this stage.

RBI governor Shaktikanta Das warned against premature interest rate cuts, citing significant inflation risks. While the central bank maintains a growth forecast of 7.2%, it awaits inflation to stabilise around 4% before easing rates,

Reserve Bank Governor Shaktikanta Das on Friday said that this stage would have been "premature" and "very very risky" as the retail inflation is still high, and future monetary policy action would de