New Delhi, Sept. 12 -- Reserve Bank of India's Governor Sanjay Malhotra said on Friday that the Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its meeting next month. Malhotra's remarks came amid rising prices of crude oil due to the ongoing crisis in West Asia in the wake of the US-Iran war.

Reserve Bank of India Governor Sanjay Malhotra said inflation risks are "on both sides" right now, and he isn't ready to say which way they'll break before the Monetary Policy Committee (MPC) meets again in October.

"I mean, risks are there on both sides... The MPC will make a reassessment of the growth-inflation dynamics when it meets in a month or so. Let me not give my assessment," Malhotra said in an exclusive in...