Pausing interest rate hike not in my hands: RBI governor Shaktikanta Das

RBI chief Shaktikanta Das has said that the decision to adjust policy rates was not in his hands, as he is driven by the situation on the ground. RBI hit the pause button in April and decided to keep the key benchmark policy rate at 6.5%. The governor also assured that the Indian banking system remains stable.

May 24, 2023 - 15:30
Pausing interest rate hike not in my hands: RBI governor Shaktikanta Das
RBI chief Shaktikanta Das has said that the decision to adjust policy rates was not in his hands, as he is driven by the situation on the ground. RBI hit the pause button in April and decided to keep the key benchmark policy rate at 6.5%. The governor also assured that the Indian banking system remains stable.