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Thursday, November 29, 2018

Next RBI rate hike pushed back again, now well into 2019: Poll

The recent public row between the government and the RBI over policy matters unrelated to monetary policy has "somewhat diminished" the central bank's independence according to a third of the 46 respondents, though two-thirds saw no major impact. The RBI is now forecast to hike its repo rate in the April-June quarter next year, taking it to 6.75%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2DQEnhh
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