RBI may go for 40 bps rate hike, huge upward revision in inflation forecast on June 8 - Moneycontrol

Economists polled by Moneycontrol see the central bank following up its May 4 repo rate hike with a similar increase on June 8. The extent of its concern will likely be reflected in the upward revision of the inflation forecast

The Reserve Bank of India (RBI) is likely to raise the repo rate by 40 basis points for the second time in five weeks at the conclusion of the monetary policy committee's three-day meeting on June 8,… [+3047 chars]

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