The battle between perception and establishing expectations is not an easy one. And Governor Shaktikanta Das may be losing the battle following the Reserve Bank of India’s latest monetary policy decision. The central bank chief was at pains to emphasise that the Monetary Policy Committee’s decision on April 6 to leave the repo rate unchanged […]
RBI REPO RATE: LOANS TO GET COSTLIER AS RBI HIKES KEY LENDING RATE TO 3-YEAR HIGH
The Reserve Bank of India hiked its crucial lending rate by0.5 per cent to a three- time high of5.90 per cent, which will weigh heavily on the formerly stretched budgets of Indian homes dealing with a rise in prices of nearly every item. The 50 base points hike marks the fourth successive increase since May […]