NEWLY-APPOINTED RESERVE BANK of India (RBI) governor Sanjay Malhotra on Wednesday said growth, stability and trust are the three pillars of the economy and that the central bank has a huge responsibility in ensuring India's growth continues to help realise the vision of 'Viksit Bharat' by 2047.
In his first address after assuming office as the 26th governor of the RBI, Malhotra underscored the importance of adaptability and staying vigilant amid the prevailing global economic and political challenges while ensuring policy continuity.
"Ours is still an economy which needs to develop as we are entering Amrit Kaal to realise the vision of 'Viksit Bharat' by 2047," said Malhotra.
This story is from the December 12, 2024 edition of Financial Express Kochi.
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This story is from the December 12, 2024 edition of Financial Express Kochi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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