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…
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…