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No rate cuts soon

Posted on October 10, 2014 by admin

RBI in its bi-monthly policy holds the key rates unchanged. RBI governor said that though the inflation has come down but to reaching the 6% inflation rate by 2016 is a big challenge. Rajan said that to maintain a level…

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RBI leaves repo rate on hold at 8 percent, as expected

Posted on April 1, 2014 by admin

The Reserve Bank of India (RBI) left its policy interest rate unchanged on Tuesday, as expected, and said it does not expect further near-term policy tightening if headline inflation continues to ease towards the bank’s targeted level. The RBI kept…