Business

RBI Is Seen Nearing Rate Peak With Funds Buying Short Bonds

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The Reserve Bank of India (RBI) logo on a belt at bank's headquarters in Mumbai, India, on Friday, Sep. 30, 2022. India’s central bank delivered a hat-trick of half-point interest-rate hikes, sustaining its battle to rein in inflation while flagging “calibrated action” to shield the economy amid fears of a global recession. Photographer: Dhiraj Singh/Bloomberg

The Reserve Bank of India (RBI) logo on a belt at bank’s headquarters in Mumbai, India, on Friday, Sep. 30, 2022. India’s central bank delivered a hat-trick of half-point interest-rate hikes, sustaining its battle to rein in inflation while flagging “calibrated action” to shield the economy amid fears of a global recession. Photographer: Dhiraj Singh/Bloomberg



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