RBI has done what it can with interest rates, but heavy lifting on inflation will fall on government
Reserve Bank of India (RBI) Governor Sanjay Malhotra and MPC members at a press conference on its Monetary Policy announcement and repo rate hike from 5.25% to 5.50%, in Mumbai. | Photo Credit: ANI The decision of the Reserve Bank of India’s Monetary Policy Committee to hike interest rates was seeming increasingly inevitable in the…