RBI’s stance shift delivers ‘dose of credibility’, 25 bps hike still likely in Dec: Report

Rahnuma:RBI’s stance shift delivers ‘dose of credibility’, 25 bps hike still likely in Dec: Report New Delhi, Oct 7 (IANS) The Reserve Bank of India’s (RBI) move to change its policy stance from “neutral” to “calibrated tightening” and a 25 basis‑point repo rate hike delivered a dose of credibility, but a prolonged, deep rate‑hiking cycle […]