Business
October 18, 2024
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RBI governor Shaktikanta Das: Rate cut now is very risky

RBI governor Shaktikanta Das: Rate cut now is very risky

Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis before considering a cut. India’s central bank governor Shaktikanta Das said an interest rate cut at this stage would be “very, very risky” and he’s in no hurry to join the wave of easing by […]

Business
October 18, 2024
1 views 8 mins 0

Rate cut at this stage will be premature and very very risky, says RBI Governor

Rate cut at this stage will be premature and very very risky, says RBI Governor

NEW DELHI: The Reserve Bank of India’s (RBI) governor Shaktikanta Das on Friday said that interest rate cut at this stage will be ‘premature, and very, very risky’.Speaking at the fireside chat at the India Credit Forum event in Mumbai by Bloomberg, governor Das warned against any premature interest rate cuts when inflation risk is […]