The Reserve Bank of India is meeting today to review its mid-term monetary policy. Most analysts on the street including Rajeev Malik, senior economist at CLSA, feel that the RBI will raise interest rate at least by 25 basis points.
He said that inflation will remain high on the back of the rising prices of global commodities and it may mar IndiaDiscover 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!
