Sensex tanks on interest rate hike fears
Jan. 7: A lethal combination of fear about an interest rate hike and the result of an opinion poll sent the equity markets into a tailspin on Friday. On Thursday, India saw very high food inflation nu
Higher RBI rate to spike banks’ borrowing costs
Sept. 16: Reserve Bank of India’s rate hikes will lead to higher borrowing and lending costs, but with a lag. Some analysts say that banks may increase lending rates only after the festive season.
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