.......Delivering the third Ravi Mathai Memorial Lecture at the Golden Jubilee Celebrations of the Hyderabad Alumni Chapter of Indian Institute of Management-Ahmedabad (IIM-A), he said inflation had not reacted to the medicine of repeated interest rates hikes. The Reserve Bank of India is scheduled to announce its mid-quarter monetary policy review on December 18. The untamed inflation would lead us to the basic question of the nature of problem affecting the economy, Kamath said,.....
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