The Reserve Bank of India has surprised experts by not increasing its key lending rate, and keeping it unchanged at 6.5%. Though this comes as a breather for some, a hike in the key lending rate could come soon. As the RBI governor has specifically called the decision as pause and not a pivot. As the central bank waits to see how the previous rate hikes play out, one should only look at this as a breather as RBI tries to tame inflation, weakening rupee and deficits. So how can we make the best of this pause and prepare ourselves for the next hike? On India Development Debate, ET NOW’s Tamanna Inamdar speaks with Aditi Nayar, Chief Economist, ICRA; Mitali Nikore, Founder & Economist, Nikore Associates; Kaushik Das, Chief Economist, Deutsche Bank; and Madan Sabnavis, Chief Economist, Bank of Baroda.
#rbi #rbireporate #indiadevelopmentdebate
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