Food Inflation on Mind, RBI Holds Interest Rates Steady : vimarsana.com

Food Inflation on Mind, RBI Holds Interest Rates Steady

The Reserve Bank of India (RBI) Friday maintained policy interest rates and its monetary stance for the seventh straight review meeting citing an uncertain food prices trajectory and the elbow room provided by robust economic growth, thus pushing back the start of a much-anticipated rate easing cycle while extending a status quo to at least 16 months.

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