Tag: RBI pause

MUMBAI: RBI governor Shaktikanta Das indicated that interest rates may rise if inflation worsens while announcing the monetary policy committee's unanimous decision to hold the repo rate at 6.5% for the third meeting in a row. Das also raised the inflation forecast for the current financial year to 5.4% from 5.1%.While uncertainties linked to domestic food prices have prompted the RBI to raise its inflation forecast, it has retained the growth forecast for the current fiscal at 6.5%. "The policy repo rate remains unchanged with preparedness to act...