RBI doing it right on rate hikes, need more: IMF economist Luis Breuer

He also said the Budget's focus on prudence and fiscal consolidation was a good step that will reduce and stabilise public debt, which is quite high in the country compared to other G20 countries

Nikesh Singh Business Standard New Delhi
Reserve Bank of India, RBI

Reserve Bank of India

IMF senior representative to India Luis Breuer on Wednesday said the RBI was doing the right thing on rate hikes, and added that there was need for more. “We believe that the tightening stance is appr

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First Published: Mar 15 2023 | 8:29 PM IST

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