Reserve Bank of India Governor Shaktikanta Das, in his keynote address at the FIMMDA (Fixed Income Money Market And Derivatives Association Of India) annual event, said the central bank helped macroeconomic stability despite a volatile global scenario.
RBI rate hike: The central bank has already hiked the repo rate by 1.40 per cent in three consecutive actions since May this year, in response to the uncomfortably high inflation which has been consistently breaching upper end of the tolerance band set by the government to the RBI.