Most bankers feel that if inflation pressure continues to be the same way, then the RBI will be forced to hike the interest rates by 25 basis points in the next policy. In an interview on CNBC-TV18, Uday Kotak, vice-chairman and managing director of Kotak Mahindra Bank, said the RBI will keep hiking interest rates.
first published: Apr 8, 2011 04:51 pm
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