Schizophrenic Bank Of India Stuns World With Inflation-Fighting Rate Hike, While Pursuing More Liquidity Boosting Policies | Zero Hedge.
- RBI reignites war on inflation (dnaindia.com)
- Raghuram Rajan surprises markets with rate hike, Sensex sinks – NDTV (profit.ndtv.com)
- Reserve Bank of India hikes India’s repurchase rate by 25 bps due to inflation concerns – first time since 2011 ! While hiking its repurchase rate , the Central Bank also took steps to inject more liquidity into markets ( reducing marginal standing fac (fredw-catharsisours.blogspot.com)
- India announces interest rate hike (bbc.co.uk)
- UPDATE 2-India surprises with rate hike; trims rupee support steps (uk.reuters.com)
- India’s new central bank chief orders surprise rate hike (thedailystar.net)