RBI panel flags possible rate hikes but wants caution
Minutes of the Reserve Bank of India's rate-setting panel show members see possible further rate hikes. They are also wary of pushing an aggressive tightening cycle.
ContextContext: The RBI raises interest rates to control inflation, and higher rates make home, car and personal loan EMIs costlier. The rate panel meets several times a year and publishes minutes afterwards.
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Burning Potato score: 35%