MPC minutes keep door open for further tightening

The minutes of the Reserve Bank of India’s June policy meeting – at which interest rates were hiked – are dominated by concerns about upside risks to inflation and the potential for damage to the central bank’s recently-acquired credibility. The implication is that further rate hikes will follow.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.