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Don't rule out 50bps hike by RBI on June 16, says StanChart

High inflation has led to speculations that the RBI will increase rates in the mid-quarterly policy review, due on June 16. However, Anant Narayan, MD- Regional Head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank says there is an outside chance that the RBI might move in for a 50 basis points hike.

first published: May 30, 2011 04:32 pm

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