Reserve Bank of India (RBI) Governor Raghuram Rajan said India is seeing a pick-up in economic growth although more could be done to support that on a sustainable basis, while noting inflation was also easing.
"The bottom line is we do seem to be picking up on growth and inflation is easing," he told students at a business school in Hyderabad in southern India.
Rajan added "many" market participants were convinced that India could hit the RBI's target of bringing down consumer inflation to 6 percent by January 2016.
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