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    HomeNewsBusinessMarketsExpect RBI to hike repo by 25 bps on Dec 18: Rohini Malkani

    Expect RBI to hike repo by 25 bps on Dec 18: Rohini Malkani

    We expect the repo rate to stabilise at 8 percent until more clarity emerges on the monetary policy framework from the Urjit Patel committee report, says Rohini Malkani, Citigroup.

    December 13, 2013 / 08:56 IST

    Rohini Malkani, Citigroup said, "CPI at 11.2 percent exceeds RBI's baseline estimates. We expect the Central Bank to hike the repo by 25 bps in its policy on December 18."

    "We expect the repo rate to stabilise at 8 percent until more clarity emerges on the monetary policy framework from the Urjit Patel committee report,"she added.

    "We do not expect much comfort from November WPI, pegging it close to 7.2 percent."

    first published: Dec 13, 2013 08:52 am

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