India’s Central Bank i.e, Reserve Bank of India is expected to announce it’s annual policy today morning. Inflation has hit an all time high of 7.4% two weeks back and continues to be a major embarassment for the ruling goverment for the last several weeks, which had forced the RBI to announce Cash Reserve Ratio hike planned to suck over 18000 crores of Indian rupees worth of liquidity from the market in the next few weeks. Many experts feel that the RBI will be forced to go for small hike in interest rates which will be clear by today evening.