India's central bank expects full-year inflation to be below 3.7%, governor tells CNBC TV-18
India's annual retail inflation slowed to a more than six-year low of 2.10% in June, on the back of easing food prices, data on Monday showed.
The inflation print is near the lower range of the Reserve Bank of India's tolerance band, and could pave the way for another rate cut in the second half of the year, economists told Reuters on Monday.
Malhotra said on Tuesday that the central bank is reviewing bank ownership rules.
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