Skip to main content

Rajan unveils rate hike - and cut - as QE lingers on

rajan

Reserve Bank of India (RBI) governor Raghuram Rajan today caught out many observers by hiking interest rates at a time when the Indian economy is recuperating from arguably its toughest economic patch since the early 1990s.

The RBI raised the repo rate to 7.5%, contrary to the wishes of the country's business community, which had predominantly been calling for a cut – citing inflation pressures and looming Federal Reserve tapering.

"Recognising that inflationary pressures are mounting and

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.