RBI Monetary Policy : RBI`s confidence on growth has led it to hike interest rates to deal with the global storm Says Dr. Rashmi Saluja, Executive Chairperson, Religare Enterprises Limited.
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Below are Views on RBI Monetary Policy By Dr. Rashmi Saluja, Executive Chairperson, Religare Enterprises Limited.
RBIs confidence on growth has led it to hike interest rates to deal with the global storm. With growth rate forecast for FY23 still at 7% despite series of rate hikes makes India an oasis in the desert.
As far as inflation is concerned, the statistics revealed by RBI pertaining to crops is comforting. With crude oil prices on a downward trajectory we believe most of the hike in interest rates in this cycle is behind us. We believe that RBI and Government are handling the economy far better than there counterparts in other countries
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