Market participants and economists now expect a 25-bps increase in the December and February reviews. A further 25-bps increase in April isn't ruled out if "After the minutes were released, we think the probability of a consecutive hike in December has increased. Our terminal rate forecast is now at 6% for this hiking cycle and we expect the cycle to be rather shallow," Also Read: Extent of rate hike cycle to depend on growth-inflation outlook: RBI GovernorThe Reserve Bank of India (RBI) had projected crud ...