Mumbai, Dec 10
The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation” over the last six years, outgoing RBI Governor, Shaktikanta Das, said in his farewell address on Tuesday.
He said, “The perspectives of the central bank and the Finance Ministry may differ at certain times but I believe in my tenure we have been able to settle such things."
Das said restoring a balance between inflation and growth in the economy remains an important task for the Reserve Bank.
Governors keep in mind the needs of the broader economy when deciding on things and eventually, it is a judgment call every time, he added.
Das also highlighted the wide-ranging 'consultative approach' and the emphasis on the need for financial inclusion during his 6-year tenure.