scorecardresearchRBI Is Getting Its Way on Rates. But For How Long?

RBI Is Getting Its Way on Rates. But For How Long?

Updated: 09 Jun 2022, 07:47 AM IST
TL;DR.
The RBI has given way to the exigencies of the government and politics before. Will it do so again?
A housekeeping staff cleans the area outside the entrance of the Reserve Bank of India (RBI) headquarters in Mumbai on June 8, 2022. - India's central bank on June 8 hiked rates for a second time in as many months, as Asia's third-largest economy reels from galloping inflation in the wake of the Ukraine war. (Photo by Indranil MUKHERJEE / AFP)

A housekeeping staff cleans the area outside the entrance of the Reserve Bank of India (RBI) headquarters in Mumbai on June 8, 2022. - India's central bank on June 8 hiked rates for a second time in as many months, as Asia's third-largest economy reels from galloping inflation in the wake of the Ukraine war. (Photo by Indranil MUKHERJEE / AFP)