"Rate cuts should not be seen as goodies that the RBI gives out stingily after much public pleading," Rajan said in a speech to a banking event.
"Instead, what is important is sustained low inflation. And rate cuts are a natural consequence that the RBI has no hesitancy in delivering," he added.
The comments come as corporate executives and Finance Minister Arun Jaitley is stepping up pressure on the Central Bank to cut rates as the economy struggles and price
rises slow.
The RBI kept its policy rate on hold at 7.25 percent, at its last policy review earlier this month, while leaving the door open to ease further depending on the inflation outlook and how swiftly banks lower their lending rates.


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