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RBI governor hints at rate hike

RBI governor D Subbarao has hinted that the credit policy due on the January 25 will indeed carry a rate hike. However, he has also stressed the need to save the growth story, and this is giving hope that rate hikes may not be as harsh as originally feared.

January 17, 2011 / 22:49 IST
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RBI governor D Subbarao has hinted that the credit policy due on the January 25 will indeed carry a rate hike. However, he has also stressed the need to save the growth story, and this is giving hope that rate hikes may not be as harsh as originally feared.

Speaking at a function Subbarao said

first published: Jan 17, 2011 09:41 pm

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