It said further hike in interest rates is on the cards as the inflation remains above the RBI#39;s upper tolerance limit of 6 per cent despite a 140 basis points increase in policy rate in the current fiscal year.
It said further hike in interest rates is on the cards as the inflation remains above the RBI#39;s upper tolerance limit of 6 per cent despite a 140 basis points increase in policy rate in the current fiscal year.
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