✉news BusinessBanking first seen 21 h ago, last 54 min 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, marking a shift in monetary policy after an extended pause. The move comes as policymakers weigh inflation pressures against growth, and it is drawing attention from markets and analysts watching for further tightening.
Why now: A first rate hike in over two years signals a significant monetary policy shift that affects markets, borrowers and inflation expectations.
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