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High rates food for thought, but inflation on Governor Das' plate

By Economic Times - 2 months ago
The views in India's Monetary Policy Committee have become louder with outgoing members Ashima Goyal and J R Varma warning about the risks of a 'higher-for-longer' interest rate approach to economic growth. Both members voted for a repo rate cut, citing concerns over excessive monetary tightening's impact on growth.

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