RBI not done with tightening yet: Rajeev Malik

November inflation data will be the final input in deciding whether RBI raises interest rates in December or early next year, says Rajeev Malik of CLSA.

November 18, 2013 / 08:50 IST

Rajeev Malik of CLSA reiterates his view that the RBI is not done with tightening yet. "We maintain our terminal repo rate forecast of 8.25 percent by Q2CY14. November inflation data will be the final input in deciding whether it raises interest rates in December or early next year," he adds.

first published: Nov 18, 2013 08:50 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347