Reserve Bank of India Governor Sanjay Malhotra and four Deputy Governors, in the post policy press conference on Friday said, the central bank remains committed to its 4% target despite a higher inflation outlook. They also expressed confidence that measures announced to attract foreign currency inflows will support a stronger balance of payments position. Malhotra said the RBI expects healthy inflows through ECB and FCNR(B) deposit schemes and will remain data-dependent on future policy actions. Excerpts: