<h1>Balancing Inflation and Growth: RBI Governor Discusses Central Banking Challenges in the Global South.</h1> The Reserve Bank of India (RBI) Governor addressed a conference on central banking challenges in the Global South, emphasizing the need to balance inflation and growth. The RBI's flexible inflation targeting framework allows for adjustments to support economic growth while maintaining price stability. During crises like the COVID-19 pandemic and the Russia-Ukraine war, the RBI adapted its monetary policy to manage inflation and growth effectively. The Governor highlighted the importance of fiscal-monetary coordination and transparent communication, particularly in the Global South, to manage economic challenges and foster macroeconomic stability. The conference aimed to share experiences and strategies among central banks.