RBI to lift rates once or twice more this fical: Poll

FONT face=Arial size=2>Of 23 analysts polled, four expect no further increase in the repo rate, or the rate at which the RBI lends, and three don't expect another increase in the borrowing rate, or reverse repo rate.

The RBI will review policy three more times this fiscal year.

The forecasts were little changed from a poll earlier this week, before theReserve Bank of India on Thursday raised the repo rate to 6% and the reverse repo rate to 5%.

However, three of 21 economists said the central bank's tightening should be less aggressive, while the rest said its recent policy action had been appropriate. In recent polls, economists who did not agree that policy action was appropriate had said the RBI should be more aggressive.

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