November 26, 2025
  • November 26, 2025

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RBI strikes hawkish tone with surprise bond plan

by on October 6, 2023 0

The Reserve Bank of India (RBI) has maintained a hawkish policy tone, citing high inflation and potential measures to control excess liquidity. The RBI governor, Shaktikanta Das, emphasized that inflation remains above the target of 4%, despite a slight easing in August. The central bank is considering selling bonds to absorb excess cash, signaling...

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