RBI to go for 35 basis points hike in rates at next weeks monetary policy meeting? What Bofa Securities rep... - Zee Business

Last week, RBI Governor Shaktikanta Das said that headline inflation, which came at 7.04 per cent for April, is appearing to have peaked.

The Reserve Bank of India's rate-setting panel will go for a 0.35 per cent hike in the key repo rate at its meeting next week, an American brokerage said on Wednesday. The hike will be accompanied b… [+1635 chars]

full article...