RBI holds repo rate at 5.25% as ceasefire boosts rupee
NewsBytes | April 8, 2026 2:39 PM CST
Governor Sanjay Malhotra faces rate tradeoff
With the Iran conflict still affecting markets, RBI's team, led by Governor Sanjay Malhotra, is stuck between raising rates to protect the rupee and keeping them low to help the economy grow.
Even with some short-term relief, figuring out what is best for India is not getting any easier right now.
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