Bank of Baroda expects around 35 basis points rate hike in RBI MPC meet
Madan Sabnavis, Chief Economist at Bank of Baroda believes that the MPC will continue with rate hikes though the magnitude will be lower.
The Reserve Bank of India (RBI) will begin its three-day monetary policy committee meeting today, Monday. Financial markets will be keenly watching the committee's stance as consumer inflation is still above the 6% target band.
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