RBI MPC Minutes Indicate Possible Rate Hike or Pause; Two Members Oppose Change
The Reserve Bank of India's Monetary Policy Committee (MPC) minutes reveal a possibility of either a rate hike or a pause in the current cycle. While the majority signal caution due to rising inflationary pressures and strong credit growth, two members opposed changing the current stance. RBI Governor noted that the extent of rate hikes will depend on the growth-inflation outlook.
Moneycontrol.com·



