SBI Research jokingly links RBI Guv's tie colour to repo rate decisions, shares findings
SBI Research published 'The Monetary Multiverse' report, analysing what RBI Governor's tie colour during MPC announcements signals about RBI's repo rate decisions. Stating that the report should be taken "with a pinch of sugar", SBI Research concluded warm-coloured ties signal a "slightly hawkish" stance while dark-coloured ones signal more decisive stance. Cool-coloured tie signals no changes.