'Inflation and unholy mess:' Why Nithin Kamath thinks RBI may not stay soft on interest rates
- Posted on May 25, 2026
- By Business News Today
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- 1 min read
'Inflation and unholy mess:' Why Nithin Kamath thinks RBI may not stay soft on interest rates
Nithin Kamath warned that a weak monsoon caused by El Niño and rising global oil prices linked to the Iran conflict could sharply increase inflation in India. He said higher food and fuel costs may force the RBI to raise interest rates, hurting growth and market sentiment.