New Delhi, Aug. 20 -- The minutes of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting indicate a more 'hawkish' stance than the accompanying policy statement, with members highlighting risks of inflation becoming broader amid strong domestic demand, ICICI Bank said in a research report.

The report noted that the minutes placed greater emphasis on the possibility of higher energy and food prices feeding into broader inflation in the coming months.

"Minutes of MPC meeting should be perceived as hawkish as against the policy statement which was seen as dovish," ANI reported, citing the report.

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