The Reserve Bank of India (RBI) is expected increase its primary interest rate by 25 basis points on April 6.
At the February meeting held by Monetary Policy Committee (MPC), RBI decided to raise the repo rate by 25 basis points to 6.5 per cent to keep inflation expectations anchored, break the persistence of core inflation, and strengthen the medium-term growth prospects.
In an exclusive conversation with CNBC-TV18, Soumya Kanti Ghosh, Group Chief Economic Advisor at State Bank of India, Sajjid Chinoy, Chief India Economist at Jpmorgan, Dr Pronab Sen, Former Chief Statistician, Sonal Varma, Managing Director & Chief Economist- India & Asia Ex-Japant, Nomura Financial Advisory & Securities (India) and Samiran Chakraborty, Chief Economist for India at Citi Bank, speak on their expectations from the RBI Monetary Policy meeting. Listen in.
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