Another rate hike on cards, say experts ahead of RBI's MPC meeting - Economic Times

There are speculations that the central bank may go for at least 35 basis points hike over and above the 40 bps hike effected last month after an off-cycle Monetary Policy Committee meeting. Experts are expecting more hikes in repo rate in the coming months.

With inflation showing no signs of abating, the Reserve Bank is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review on Wednesday, a hint for wh… [+3145 chars]

full article...