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The idea behind RBI's rate hike move

PUBLISHED ON: September 17, 2010 | Duration: 23 min, 19 sec

  
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The recent move by the RBI to raise key policy rates for the fifth time since March implies that inflation is still a worry for the central bank and it is trying to check prices in the system. Doing so, the RBI does not want to disrupt the growth trajectory.
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