Moneycontrol PRO

business

Street expects RBI to up repo, reverse repo rates by 25 bps

The RBI and government's desperation to fight inflation has prepared the markets for a rate hike on January 25. According to CNBC-TV18 poll of bankers and economists, majority expect RBI to hike repo and reverse repo rates by 25 basis points each. Only a minority 6% expect a larger hike of 50 basis points.

first published: Jan 22, 2011 02:29 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347