Battling surging price pressures and inflation close to double digits, the Reserve Bank of India is expected to lift key interest rates by 25 basis points when announcing its annual monetary policy on May 3, even as some economists call for a 50 basis point rise. 60% of those polled by CNBC-TV18 expect the RBI to raise the repo and reverse repo by 25 basis points each, but 40% expect a 0.5% hike.
To get more colour on what bankers are worried about and what economist fear for the economy, CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
