The Reserve bank of India has set a two-year timeline to bring down consumer inflation close to its 4% target level, Governor Shaktikanta Das said Tuesday. The governor also said inflation has peaked and is expected to moderate going forward.
"We have said earlier that we would like to bring down inflation over a time period of about two years or so," Das told ET Now in an interview. "We are moving to 4% inflation in a steady manner without too much growth sacrifice."