✉news BusinessBanking first seen 16 h ago, last 1 h ago, peak #1
India's Central Bank Raises Rates For First Time Since 2023
Original: India’s Central Bank Raises Rates For First Time Since 2023
The Reserve Bank of India has raised interest rates for the first time since 2023, ending a prolonged pause in monetary policy. The move comes as policymakers weigh persistent inflation pressures against growth concerns, and it is drawing attention from markets and economists watching whether other emerging economies will follow suit with tighter policy.
Why now: The end of a two-year rate pause by one of the world's largest economies signals a shift in global monetary policy that investors and businesses are reacting to.
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