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India in penultimate stage of monetary tightening, says RBS

Sanjay Mathur, regional economist at RBS, in an interview with CNBC-TV18's Latha Venkatesh and Anuj Singhal, said that India is in a penultimate stage of monetary tightening and the Reserve Bank of India is likely to hike the rates by 25 bps tomorrow.

June 16, 2011 / 09:06 IST
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BankEx has taken a beating, it

TAGS: #Bankex #Federal Reserve #FII View #Indian market #inflation #interest rate hike #monetary policy #QE2 #QE3 #RBS #regional economist #Reserve Bank of India #Sanjay Mathur #US Market
first published: Jun 15, 2011 03:01 pm

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