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Rate hike: RBI more hawkish than external members at meet

RBI’s MPC voted unanimously to raise the repo rate by 25 basis points to 5.5%, but split 4-2 on shifting to calibrated tightening, signalling rate cuts were off the table in the near term as inflation threatens to spread beyond food and fuel. Governor Sanjay Malhotra, deputy governor Poonam Gupta, executive director Indranil Bhattacharyya and external member Saugata Bhattacharya backed the shift.

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Times of IndiaLean R·2h ago
Rate hike: RBI more hawkish than external members at meet
RBI’s MPC voted unanimously to raise the repo rate by 25 basis points to 5.5%, but split 4-2 on shifting to calibrated tightening, signalling rate cuts were off the table in the near term as inflation threatens to spread beyond food and fuel. Governor Sanjay Malhotra, deputy governor Poonam Gupta, executive director Indranil Bhattacharyya and external member Saugata Bhattacharya backed the shift.
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Rate hike: RBI more hawkish than external members at meet

How 1 sources are covering this

Rate hike: RBI more hawkish than external members at meet

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