RBI's dilemma: to hike or not to
hike We believe the Reserve Bank of India (RBI) will
find it difficult to choose between one more interest rate
hike and a pause in the rate hike exercise when it
meets on October 31, 2006 for the mid-term review of its Annual
Monetary Policy 2006-07. It would be a tough call for the apex bank
for several
reasons...
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