Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan : Rashtra News #Hiking #interest #rates #tame #inflation #antinational #RBI #chief #Raghuram #Rajan Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians
Mumbai: With the economic growth remaining resilient despite global headwinds, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday decided to keep the repo rate.
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Bureaucrats and politicians should not see the measure as benefitting foreign investors but instead as an investment "whose greatest beneficiary is the Indian citizen", the former RBI governor said.