Monetary policy will anchor India's growth ambitions, said RBI DG Michael Patra

The role of monetary policy will be crucial in navigating India's inflation rate with global levels which will help preserve both the internal and external value of rupee, Patra said in a speech at the mid-career training programme for officials of the Indian Administrative Service (IAS) at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.