Prompted by inflation fears and emboldened by growth, Urjit Patel on Wednesday delivered his first rate hike since taking over as Reserve Bank of India (RBI) governor in September 2016. It’s also a first during Narendra Modi’s four-year tenure as PM.
Prompted by inflation fears and emboldened by growth, Urjit Patel on Wednesday delivered his first rate hike since taking over as Reserve Bank of India (RBI) governor in September 2016. It’s also a first during Narendra Modi’s four-year tenure as PM.