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Axis Bank

Inflation at 11.89%; Experts expect RBI to raise rates (7) 25-Jul-08 09:24

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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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