RBI may raise rates in its Jan 25 meet: Uday Kotak

Kotak Mahindra Bank expects the central bank to raise interest rates in its meeting on January 25, Uday Kotak, executive vice chairman and managing director, told reporters on Friday.

January 07, 2011 / 14:36 IST

26 Aug, 2025 12:21

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Kotak Mahindra Bank expects the central bank to raise interest rates in its meeting on January 25, Uday Kotak, executive vice chairman and managing director, told reporters on Friday.

Interest rates are on their way up, he added.

The Reserve Bank of India (RBI) has been the most aggressive central bank in Asia to tighten monetary policy.

It has so far raised its key lending rate or the repo rate by 150 basis points since 2010 to contain a spiralling inflation and is expected to raise rates by another 25 basis points on January 25 at its quarterly review.

first published: Jan 7, 2011 12:29 pm

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