 "RBI")
Economists on Friday suggested top officials of the Reserve Bank of India to raise interest rates by 25-35 basis points (bps) next month while continuing to signal vigilance on inflation, sources told Business Standard.
The meeting was held ahead of the RBI’s next monetary policy review, which is scheduled December 5-7.
The economists also recommended that the RBI maintain its current stance of remaining “focused on withdrawal of accommodation,” sources said.
“Today, most people were recommending a 25-35 bp rate hike and for them (the RBI) to speak hawkish. Hike less but speak hawkish. They also recommended that the stance
