· Sanjay Malhotra Wiki · Reserve Bank of India WikiIndia - a partner in progress and prosperity
Read full speech on bis.org ↗ContextKeynote address by Sanjay Malhotra, Governor of the Reserve Bank of India, at the US-India Economic Forum, organised by the Confederation of Indian Industry (CII) and US India Strategic Partnership Forum (USISPF), Washington DC, 25 April 2025.
Why it mattersIndia's new governor presents inflation targeting as a success and invites deeper US-India economic ties.
Problems raised
- Trade and technology ties need strengthening.
- Inflation was volatile before 2016.
- Monetary transmission was weak.
Solutions proposed
- Keep flexible inflation targeting.
- Deepen US-India partnerships.
- Improve policy predictability.