RBI likely to maintain higher rates amid global economic risks

The Reserve Bank of India is moving towards keeping interest rates elevated for an extended period, as Governor Sanjay Malhotra flagged mounting economic challenges. Global financial risks, including high debt levels across nations and inflated asset prices, are driving the central bank's stance.

Rising US Treasury yields and climbing crude oil prices present additional headwinds for India's economy. These international pressures are expected to influence the RBI's monetary policy decisions in the coming months.