RBI holds rates and hikes growth forecast as it unveils biggest regulatory reform in a decade
MUMBAI: RBI governor Sanjay Malhotra on Tue unveiled the biggest regulatory overhaul in nearly a decade, aimed at strengthening banks, expanding credit flow to corporates including for acquisitions, enhancing consumer protection, and advancing the internationalisation of the rupee. The reforms are expected to help the economy achieve the 6.8% higher growth forecast by RBI on…