The Reserve Bank of India under Governor Sanjay Malhotra has managed to avoid raising rates for a while, but with pressure from forex markets mounting, it may have to tighten credit. The central bank may face bigger problems later if it puts off rate hikes fo… For the full story, visit the source.
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Andy Mukherjee: A weakening rupee could end RBI’s efforts to keep credit cheap for borrowers
The Reserve Bank of India under Governor Sanjay Malhotra has managed to avoid raising rates for a while, but with pressure from forex markets mounting, it may have to tighten credit. The central bank may face bigger problems later if it puts off rate hikes fo…
By mint· Livemint· 2 days ago· 2 min read
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