What factors are influencing the RBI's decision on interest rates in the current economic environment?
L&T Finance: RBI May Hike Rates By 25bps Next Month

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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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How has the global banking crisis affected the RBI's approach to monetary policy?
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What is the current state of inflation in India, and how does it compare to the RBI's tolerance range?
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Discuss the relationship between housing demand and interest rates in India as mentioned in the text.
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What implications does the inflation targeting framework have for emerging market economies like India?
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