Economists on Thursday said they expect further monetary policy tightening, after the minutes of the RBI Monetary Policy Committee (MPC) meeting flagged  rising inflation as a concern, according to news agency IANS.

In its analysis of the MPC minutes, SBI Research said, "We continue to maintain 50 bps rate hike in December either through a plain vanilla 50 bps repo rate hike or an exotic 50 bps rate hike with a 25 bps repo rate and a 25 bps asymmetric widening of LAF corridor."