RBI signals end of the easy money policy cycle, as it raises the guard against inflation. The Monetary Policy Committee headed by governor Urjit Patel votes for a 25 basis point hike in benchmark rates, even as it retains the neutral policy stance. This is the first interest rate hike under the Modi Govt. Watch this
India Development Debate as Sandeep Gurumurthy and Supriya Shrinate discuss the first rate hike in over four years, and what it means to the industry, the market and the economy at large with NITI Aayog VC Rajiv Kumar.

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