Repo Rate Hike
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Bad loans mess: RBI governor Urjit Patel says farm loan waivers won’t impact NPAs
•There are no implications on non-performing assets (NPAs) of banks because of farm loan waivers provided by various states, RBI Governor Urjit Patel
RBI hikes interest rate by 25 bps to 6.25% after a gap of four-and-half-years on inflation concerns
•The Reserve Bank of India (RBI) for the first time in four-and-half-years raised key interest rate on Wednesday by 25 basis points to 6.25 percent on inflation concerns arising from surge in international oil prices
War on price rise far from over, Rajan likely to hike rates again
Sourav •The latest wholesale price index (WPI) number which followed the retail inflation print shows that inflation levels are way beyond RBI's comfort level, and policy intervention by the central bank to battle inflation will have to be a continuous effort.