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No rate cuts soon

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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Posted in Global News, Indian Market, Market Updates, Useful Articles

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

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

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Posted in Market Updates, Useful Articles
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