RBI to go for aggressive rate hikes? Here's what economists are saying

Economists at Nomura Holdings Inc., Barclays Plc and Deutsche Bank AG forecast the RBI to raise rates by as much as 50 basis points when it meets June 6-8. Citigroup Inc. said the minutes reveal a “clear hawkish commitment” by the central bank to bring back inflation closer to its 2-6% target band.

RBI to go for aggressive rate hikes? Here's what economists are saying
Economists at Nomura Holdings Inc., Barclays Plc and Deutsche Bank AG forecast the RBI to raise rates by as much as 50 basis points when it meets June 6-8. Citigroup Inc. said the minutes reveal a “clear hawkish commitment” by the central bank to bring back inflation closer to its 2-6% target band.