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The Economic Times
The Economic Times

RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi Nayar

Aditi Nayar ICRA RBI Inflation Reserve Bank of India GDP India MPC

Mumbai: The Reserve Bank of India (RBI) is unlikely to rush into monetary tightening despite mounting inflation risks from higher fuel prices and monsoon uncertainty, a rating agency said on Monday.

A rate hike is possible only towards the end of the year if price pressures persist.

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