The Reserve Bank of India (RBI) Governor Shaktikanta Das is of the opinion that a premature pause in the monetary policy rate hike course would prove to be a costly ...
Before the December hike in short-term lending rate, the RBI had raised the repo rate by 190 bps in four tranches. The MPC consists of three external members -- Shashanka Bhide, Ashima Goyal and ...
A premature pause in rate hike at this juncture could be a costly policy error as the battle against inflation is not over, RBI governor Shaktikanta Das opined while ...