Brind.
  1. RBI monitors global yields including Germany's and Japan's markets amid geopolitical uncertainties caused by the ongoing Middle East war.
  2. The Reserve Bank of India is facing pressure to raise interest rates due to heavy reliance on energy imports from West Asia, impacting inflation and APAC banks.
  3. The RBI is monitoring inflation, leading to government actions like increased import duties and price hikes in fuel products.
  4. RBI involved in gold scheme to reduce imports.

A working group of the Reserve Bank of India has begun studying the issue of gold deficit.

1 report, 1 independent Updated Sep 2
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A working group of the Reserve Bank of India has begun studying the issue of gold deficit.

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