Interest rates to remain high, vigilant on inflation: RBI governor
Friday, 20 October 2023 The Reserve Bank of India (RBI) governor, Shaktikanta Das, announced that interest rates will remain high and the central bank is focused on monitoring inflation dynamics to ensure a sustained decrease in price pressures. Das stated that India's macroeconomic fundamentals are strong and the country is well-positioned in uncertain times. He also highlighted that retail inflation has decreased to 5% in September 2023, but cautioned about uncertainties in food inflation.
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RBI governor Shaktikanta Das has stated that interest rates are likely to remain high for the time being. The RBI has cumulatively raised the key policy rate by... IndiaTimes
The Reserve Bank of India (RBI) has decided to maintain its current interest rates, with the repo rate remaining at 6.5%. The decision comes as the economy is... IndiaTimes