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Moneycontrol.com >> Message Board >> View Messages >> Axis Bank
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Inflation at 11.89%; Experts expect RBI to raise rates (7)   25-Jul-08 09:24Tracked by (0)  
Posted by:   MMB Messenger on ( 25-Jul-08 09:24 )
Price : BSE: Rs 761.55 ( -0.50 % ), NSE: Rs. 760.30 ( -0.44 % )
Inflation for the week ended July 12 is at 11.89 % versus 11.91%. Experts like Mohan Shenoi, Kotak Mahindra Bank; RVS Sridhar, Axis Bank; and Shubhada Rao, Yes Bank, expect RBI to raise rates. However, they differ on whether it will be CRR or repo rate hike.
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