Strong economic growth gives RBI more room to hike interest rates: Report ...Middle East

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Strong economic growth gives RBI more room to hike interest rates: Report
source : Devdiscourse ( Middle East ) () 33
Strong growth prospects for the Indian economy will provide the Reserve Bank of India (RBI) with more room for further interest rate hikes, DBS Group Research said in a report on Thursday. "The stance of (RBI's) 'withdrawal of accommodation' suggests that benchmark rates are not yet at neutral levels, presumably one-two hikes away," it said.

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