"Not Sanjay of Mahabharata, who can see the future," why did RBI Governor Sanjay Malhotra say something like that? - RBI - Governor said not Mahabharat Sanjay to predict the future on the chances of further stakeholders

The Reserve Bank of India has announced a cut of the Repo rate. It will not only reduce the EMI of your loan, but also increase the money flow in the market. RBI Governor Sanjay Malhotra answered questions following the announcement of the cutting of the repo rate. During this, he said that there is no Mahabharata Sanjay to tell that things are happening in the future. Pti, New -Delhi. RBI Governor Sanjay Malhotra said on Wednesday: ‘I’m Sanjay, but not Sanjay of Mahabharata, who can predict the changes in interest rates in the future and deduct in interest rates amid current global uncertainties. Malhotra was asked at a press conference whether the interest rates would be further reduced. According to the Mahabharata, Sanjay had a divine vision and used his power to tell the blind king Dhritarashtra about the events in his palace in the battlefield of Kurukshetra. Referring to Mahabharata, the RBI Governor said that monetary policy and fiscal policy work together to achieve the development and inflation targets. This is a joint effort. The government has recently done its job by taking various measures in the context of increase in budget capital expenditure and tax exemption. With this we lowered the repo rate. As for the reduction of the repo rate, I can’t say anything about it. He said, “I’m Sanjay, but I’m not Sanjay from Mahabharata who can predict so far. I don’t have a divine vision like them. “He said we would try to manage the dynamics of development and inflation in our country with the government. On the first day, Malhotra announced a cut of the repo rate for the second consecutive time and indicated further recreation, as RBI tried to strengthen the economy to experience further pressure from the US tariff. Every latest news and accurate information from the country and the world, every moment on your phone! Download now- Jagran app