The Reserve Bank of India (RBI) hiked its key policy rates, repo and reverse repo, by 50 basis points each. This surprised the street, which was expecting the regulator to hike rates by 25 bps.
In an interview with CNBC-TV18's Latha Venkatesh, Subir Gokarn, Deputy Governor, RBI said, just as the RBI is talking about its trajectory for inflation, it would also start worrying if growth goes down.Discover 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!
