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

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.

May 30, 2011 / 17:29 IST
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first published: May 30, 2011 04:32 pm

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