RBI could keep rates higher for longer amid global and local risks
The Economic Times has reported a new India-focused economy development: “RBI could keep rates higher for longer amid global and local risks.” The publisher's feed describes the story as follows: With global financial risks in the spotlight, the Reserve Bank of India is indicating a shift towards higher interest rates. Governor Sanjay Malhotra has highlighted emerging challenges, including significant global debt levels and surging asset prices. The rise in US treasury yields and crude oil cost
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