RBI likely to raise key policy rate by 25-35 bps to check inflation, say experts - Economic Times

The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

Days after the US Fed raised the interest rate, the RBI may go in for its third consecutive policy rate hike by 25-35 basis points to check high retail inflation, experts said. The central bank has a… [+2791 chars]

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