Subscribe To Our Free Newsletter |
We will have to have further rate hikes and it might hurt growth: Mythili Bhusnurmath
"Government investment has been the driving force for growth. So how much higher interest rates alone will impact growth is very difficult to say because growth is a combination of so many things. But certainly, higher interest rates will not help growth. Here, the RBI has much to answer for as interest rates today higher than they would have been had RBI woken up to its challenge a little earlier."