Jul 30, 2022

RBI Governor hints at ending accommodative policy stance; experts expect 50 bps rate hike in 2022

RBI Governor Shaktikanta Das on Friday hinted at ending the accommodative policy stance that began three years ago, citing the rising uncertainties arising from the Ukraine war and resultant increase in prices, and said the time has come for the central bank to put its priorities on inflation management over growth.

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