Business Today
- May 25

Pausing rate hikes is not in my hands, will be driven by on-ground situation: RBI Governor Shaktikan

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that change in interest rates or pausing rate hikes is not in his hands as the revision depends on external and internal factors.

“Pausing interest rate hikes is not in my hands," said RBI Governor Shaktikanta Das at the Confederation of Indian Industry Annual Session (2023). "It's not a decision which is entirely in my hands because I am driven by what is happening at the ground level," he added.