RBI Rate Hopes: The Never Ending Rupee Trouble
  • Elizabeth George
  • Jul 30 2013

July 30: Tata Asset Management MD & CEO Arvind Sethi says there is a difference between just tightening liquidity and letting rates go up and actually validating that with a repo rate hike. RBI had cut rates too fast over the past few years and now it is reversing that stand, he says, adding that the central bank must increase its repo rates soon.