Shadow banking crisis may push India's central bank to leave the rupee stranded

Shadow banking crisis may push India's central bank to leave the rupee stranded India's central bank is widely expected to hike inte...

Shadow banking crisis may push India's central bank to leave the rupee stranded India's central bank is widely expected to hike interest rates this week to shore up the troubled rupee. But an ongoing crisis in the shadow banking space could instead see the Reserve Bank of India opting to keep monetary policy unchanged.

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