Opinion: RBI rate hike a close call, by the governor3 min read . Updated: 06 Jun 2018, 07:08 PM IST
A rate hike decision at RBI's monetary policy meeting this week could very well rest on governor Urjit Patel's casting vote
Most economists expect two rate hikes by the Reserve Bank of India (RBI) between now and December, but there is no consensus on the time of the first hike. Will it happen on 6 June when RBI’s rate-setting body, monetary policy committee (MPC), meets or do we have to wait for the August meeting?
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