# In an in-depth interview, Professor Aswath Damodaran discusses India's banking sector, inflation and global financial markets

1 Faculty News March 5, 2018 ![The Economic Times logo](/sites/default/files/styles/246w/public/assets/images/con_032922.jpg?itok=VCGfauqd)>

Excerpt from [The Economic Times](https://economictimes.indiatimes.com/markets/expert-view/this-could-be-the-start-of-indias-decade-like-last-20-years-has-been-chinas-aswath-damodaran/articleshow/63167860.cms) -- "Inflation is back but inflation is 2%, 2% is not astronomically high inflation. It is actually inflation that is consistent with a healthy economy. When we talk about inflation, we have to realise that part of the reason of inflation is the fact that the US economy is finally delivering wage increases."

[Read more](https://economictimes.indiatimes.com/markets/expert-view/this-could-be-the-start-of-indias-decade-like-last-20-years-has-been-chinas-aswath-damodaran/articleshow/63167860.cms)