That the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would not change interest rates or its monetary policy stance this week was widely expected. Its decision on August 10 is in keeping with these expectations. There is also a broad-based consensus that inflation numbers are likely to see a spike in […]
Tag Archives: interest rates
RBI’s willingness to do all it takes to bring inflation below 4% is an important takeaway