Expect RBI to hike rates by 0.25%: IIFL
Prashastha Seth, senior VP at IIFL, says there is a fair chance that the RBI will hike rates by 0.25 per cent. Paras Adenwala, an investment advisor, also expects a hike in rates by the same amount but adds that if the bank maintain a hawkish stance then it would be negative for markets.
