Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

Nicolo Bandera

Economist, South East Asia Research
+44 20 7246 7889

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India: The new RBI Governor will face pressure to cut rates

Overview

India’s new Reserve Bank Governor, whose name will be announced shortly, is likely be more dovish than the incumbent Raghuram Rajan, but he will face a debate over whether or not lower interest rates can help to boost growth without risking a spurt in the still-elevated inflation rate. In this note, we analyse the sources of inflationary...

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