3 Rate Hikes from Dec Quarter

RBI may Go for 3 Rate Hikes from Dec Quarter: Report

The RBI is expected to begin its rate hike cycle from December quarter, and may go for three rate hikes by 2019 taking the key policy rate to 6.75%, says a Morgan Stanley report. It said a significant overshoot of inflation relative to RBI’s target is not likely.

3 Rate Hikes from Dec Quarter

Moreover, the economic recovery will be on a surer footing by the fourth quarter of 2018 and this might prompt RBI to go for a rate hike.

With end demand holding up well, private capex appears poised for a recovery later this year.

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Certicom Consulting [ Kedia Arpana & Co ] is a group of Chartered Accountants in the business of Small Business Setup & Statutory Compliance including for Professionals for the past 15 years. We have been an established and popular company with an excellent track record for the best customer satisfaction.

Certicom Consulting

Certicom Consulting [ Kedia Arpana & Co ] is a group of Chartered Accountants in the business of Small Business Setup & Statutory Compliance including for Professionals for the past 15 years. We have been an established and popular company with an excellent track record for the best customer satisfaction.