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 saidDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!