......Given that RBI chief Raghuram Rajan has already cleared his stance on inflation, analysts and economists expect further tightening from the central bank. Economists are now split over whether the new RBI chief will hike rates again at the central bank's next policy review on October 29. "Nearly half of economists surveyed, 16 of 31, expect Rajan to leave rates on hold at the meeting, while 15 expect a further 25 basis point (bps) increase, which would bring the policy rate to 7.75 per cent," said a Reuters Poll..........
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